Theresa May Tells Trump Not to Trade by War
Theresa May has told Donald Trump of her “deep concern” at the president’s plan to introduce tariffs on steel and aluminium imports to the United States which have sparked fears of a trade war.
Theresa May has told Donald Trump of her “deep concern” at the president’s plan to introduce tariffs on steel and aluminium imports to the United States which have sparked fears of a trade war.
It comes after the Prime Minister’s de facto deputy, David Lidington, rebuked Mr. Trump for threatening a trade battle with the European Union.
And he warned Mr. Trump that Britain’s experience showed his plan would not work.
“We tried in Britain in the 60s and 70s protecting our car industry from competition,” Mr. Lidington said.
On the other hand, Trump has said the US “will simply apply a TAX” on cars made in Europe if the EU retaliates against the trade penalties he is seeking on imports of steel and aluminium.
Following a phone call to Donald Trump, the UK’s Prime Minister raised deep concern at the President’s forthcoming announcement on steel and aluminium tariffs, noting that multilateral action was the only way to resolve the problem of global overcapacity in all parties’ interests.”
It marks the latest of the pair’s clashes, following disagreements over Mr. Trump’s retweeting of anti-Muslim videos posted by the far-right group Britain First, and his recognition of Jerusalem as the capital of Israel.
