United Kingdom Weighs Striking Back Against US Tariffs, and It's Asking Businesses for Help

Jeff Charles / Townhall Tipsheet 

 

The United Kingdom is mulling its response to the tariffs President Donald Trump announced on Wednesday. The nation’s government has solicited input from corporations to craft its strategy and has signaled it might resort to retaliatory measures.

Business and Trade Secretary Jonathan Reynolds announced that the U.K. launched a consultation process with businesses that might be affected by Trump’s tariffs, according to Reuters.

Business Secretary Jonathan Reynolds said his priority was to reach a deal with the U.S. but that the consultation was a formal step necessary so the government could keep all options on the table.

"(The) talks with the US will continue to reflect our mandate to deliver economic stability, as we press the case for a trading relationship that supports businesses on both sides of the Atlantic," Reynolds said in a statement. Read more here.