UK faces tax hikes on American goods amid tariff threats from Trump
- Donald Trump plans to impose tariffs on imports to the US starting January 20th.
- Sir Keir Starmer's government is ready to retaliate by targeting American products.
- Critics urge the UK to take action to protect its economy from potential trade wars.
In the wake of Donald Trump's election, serious concerns have arisen regarding the potential impact on trade relations between the UK and the United States. As of January 20th, Trump intends to implement significant tariffs on imports to the US, specifically targeting countries like Mexico and Canada. While he has yet to announce direct tariffs on British imports, Sir Keir Starmer's government is preparing for retaliation by considering measures against American staples including Jack Daniel's whiskey and Levi's jeans. The urgency for the UK to 'Trump-proof' its economy has been emphasized by critics, with calls for rejoining the EU customs union to mitigate the risks of a possible trade war. Additionally, officials are poised to revive existing EU countermeasures against US goods in readiness for the predicted fallout from Trump's policies.