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Britain does not want to increase trade wars, Finance Minister Rachel Reeves, US President Donald Trump announced import tariffs in cars and car parts.
The answer came with London, locked in talks with Washington to potentially provide the BREXIT trading deal.
“We are not in a situation where we want to do anything to increase this trade wars.”
“We want to provide a better trade connection with the United States,” he said, “he said,” he said in “extensive talks,” he said.
Trump on Wednesday, after the next week, after the commercial partners threatened the threat of retribution partners from the commercial partners, the steep tariffs in the automotive sector.
“What we will do is 25 percent in all cars that are not developed in the United States,” Trump, for signing an order in the Oval office.
The task will take effect on April 3 at 12:041 (0401 GMT) and affects foreign production and light cars. Key car parts will also be shot during the month.
The UK trading body for the auto sector called on the United States and the United Kingdom to strike a deal against the “disappointed” tariffs for the foreign-made cars of Trump.
“The industry calls on both sides to immediately bring together and to work for everyone,” Mike Hawes, Motor Manufacturers and Merchants Society, said in a statement on Wednesday.
“UK and US cars are a long-term and productive relationship, the vehicles built by some iconic brands in the United States, thousands of Briticians are produced in America,” Hawes.
He said, “As part of the application of additional tariffs, we need to explore the ways to create opportunities for both the mutually beneficial ties of both English and American manufacturers, consumers and opportunities to create opportunities in the Atlantic.”
Foreign players are dominated by Nissan, Peugeot owner Stellantis and BMW, including the British car training industry.
Most of the United Kingdom produced vehicles are mainly for exporting to the European Union.
In late January, Hawes said it was a “important market” for luxury brands produced in England, like Bentley and Rolls-Royce, it added that it has allowed it to “swallow a bigger opportunity.”
This story was first displayed Fortune.com
