The UK Foreign Secretary David Lammy articulated the need for the UK to brace for potential negative outcomes resulting from the US President's tariff strategies. With impending tariff announcements set to trigger economic challenges, he referred to ongoing discussions aimed at securing an economic agreement with the US while expressing the need to offer British businesses robust support. Calum Miller highlighted concerns of local industries, particularly how increased red tape is exacerbating economic uncertainty. Calls for initiating a UK-EU customs union were also emphasized as a proactive measure to safeguard trade.
We are an open trading nation. We have been that under successive governments. It's hugely important at this time that we continue the intense conversations we're having with the US administration on getting an economic agreement but of course we prepare for the worst - all options remain on the table, as the Prime Minister indicated again just yesterday.
The uncertainty the plant faces is made much worse by the red tape that now inhibits integrated car production with suppliers in the EU.
My constituents at the BMW Mini plant in Cowley are deeply concerned about the impact of Donald Trump's global tariff war.
The best step the government can take to support British businesses would be to start talks on a bespoke UK-EU customs union without delay.
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