UK and US have 'balanced' trading relationship after Trump tariff threat, No 10 says
Monday, 3 February 2025 () The UK and the US have a "fair and balanced trading relationship", Number 10 has said, after Donald Trump claimed the UK is "out of line".
President Donald Trump’s trade war intensifies as he prepares for crucial talks with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum. Ahead of the 25% tariffs set to take effect on Tuesday, Trump is determined to balance trade and address what he calls unfair practices by the two neighboring countries. The U.S. is grappling with significant trade deficits with both Canada and Mexico, which Trump claims have "ripped off" the U.S. for years. This aggressive move, which also includes tariffs on Chinese goods, has already sparked retaliation from both countries, with Trudeau imposing matching tariffs and Sheinbaum considering additional measures. The upcoming discussions between Trump, Trudeau, and Sheinbaum will be pivotal in determining if a resolution can be reached, or if tensions will escalate further, potentially disrupting supply chains and straining relations across North America.
#TrumpTariffs #CanadaTariffs #MexicoTrumpTariffs #TrumpTrudeau #MexicoTariffs #CanadaTariffs #TrumpTradeWar #USCanadaMexicoTariffs #TariffTensions #TradeWarEscalation #USMexicoTariffs #USCanadaMexicoTrade #TrumpTradePolicy #WTODispute #ChinaVsUS #TrumpVsChina #USTradePolicies
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