The UK maintains non-science-based standards that severely restrict US exports of safe, high-quality beef and poultry products.
It’s the hard data on employment, income and tariff-induced inflation — not consumer sentiment — that supports our view of a slower trajectory for consumer spending,
Tariffs are a tax paid by the US importer that will be passed along to the end consumer,
Taking a long-term approach and remaining invested in spite of highs or lows is more likely to get you the outcome you want,
It may sound counterintuitive but staying invested throughout times of volatility is the best strategy. When markets hit rocky waters, jumping in and out should be avoided, otherwise you run the risk of missing out on unexpected opportunities that might arise from market corrections.”
Standing up to Trump might suit what he’s been trying to do, which is make Labour the patriotic party,
His strategy up till now has been perfectly understandable,
I have very good news today, a lot of good things are happening for our country,
No, I want those tariffs removed. I want them removed in terms of the 10% that's been announced. I want them removed on steel and aluminium,
It's keep calm and remain working very hard to get the best for the UK."
I want not only to remove what has been announced so far, but to strengthen that relationship."
Well first of all, you are right to say that we wanted and believed a deal could have been done in advance of the decisions yesterday. The President made clear that that was not available to any country in the world and we've got to understand and respect that,
We don't believe there is a need for these additional tariffs."
I just wondered what deal are you willing to strike?"
Anything that disrupts the global trading system is a threat to the U.K. because we are a much more globally orientated trading economy than some partners,
We're working hard on an economic deal which we've made rapid progress on, and I hope we can make really speedy resolutions on,
There’s a set of complaints from the US on some of how the current global trading arrangements work. They won’t get their own way on all of that. But there are some things to talk about,
We have been able to progress talks on a range of areas on a timescale which to be honest has delivered in days and weeks more progress than we’ve had in years,
We have a food standards regime which we’re very committed to in the UK which they have some objections to. So they put a number of factors into this,
I hope perhaps if we are successful there will be a template for other countries to resolve some of these issues,