Trump will damage entire world’s economy if he pushes ahead with tsunami of tariffs, warns Home Secretary

view original post

DONALD Trump will damage the entire world’s economy if he pushes ahead with a tsunami of tariffs, the Home Secretary warned yesterday.

Yvette Cooper reiterated that “no option is off the table” when it comes to retaliating against the US President’s trade “liberation day” on Wednesday.

2

Trump will damage the entire world’s economy if he pushes ahead with a tsunami of tariffs, the Home Secretary warnedCredit: Getty

2

Yvette Cooper said that ‘no option is off the table’ when it comes to retaliating against the tariffsCredit: PA

Officials have been trying to carve out a deal to see Britain spared from the harshest levy raid.

PM Sir Keir Starmer last night spoke with the US President and discussed the “UK-US economic prosperity deal”.

Mr Trump has imposed numerous tariffs on imports in recent weeks.

Ms Cooper said: “If you increase barriers to trade right across the world, that’s not good for the world economy, let alone any individual country.”

READ MORE ON TRUMP

“So that’s why our approach to this has been to try and seek new trade agreements across the world, including improving our trading relationship with the EU, as well as with the US.”

She added crunch negotiations with the US over exemptions from the levy are “intense”.

Ms Cooper said: “We obviously can’t keep a running commentary on different discussions that are taking place.

“But we have to always make sure that we’re acting in the national interest.”

Trump ‘p****d off’ at Putin & threatens new tariffs if peace deal not struck