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Why the former Reagan economist Art Laffer Kudlow says President Donald Trumps are worried about the trade war.
This UK Increases European security and protection costs to work with the United States to discuss a new trade agreement between the two long periods of allies.
British Chancellor’s Chancellor, Rachel Reeves Fox Business has planned to increase the British government Defense costs It comes as part of the effort to increase the economy and renestrian regions of the country behind.
“A strong defense and a strong economy are hand-seized, I believe very much, and this is the industrial policy we have implemented as the government,” Reeves said. “In the UK, we put the greatest continuous growth in the spending of defense from the end of the Cold War.”
The UK government’s plan will see additional costs spent on defense costs in 2025 with increasing defense spending from 2025 to 2.5% in 2025-2026. In 2024, Britain, according to NATO, postponed 2.33% of GDP in defense in defense.
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Chancellor’s Chancellor Rachel Reeves, the Fox Business has seen an opportunity for a trade deal between Britain and the United States (Shannon Finney / Getty Images for Semor / Getty Images)
Reveves added that the government uses our defense budget to invest in new, innovative, especially technological basic solutions to better equip our armed forces for the UK’s defense costs. “He added that Britain encourages other European countries to watch the costumes by performing their defense costs.
“It is absolutely important to increase the continent in Europe to increase the protection of protection and protecting the continent in front of Europe Rape from RussiaAnd that’s what many countries in Europe are doing right now, “Reeves.” Britain steps up to this challenge, we are not passive in the face of change we face. We use step by step and use this money to revive this money, repeat the parts of the UK for a long time to revive the money. “
Last year, NATO data responded to 23 of the 32 member countries, including two new members of the Alliance, 2% of Finland and Sweden. This will broadcast new information from NATO members since the beginning of 2014 or the annual summit that exceeds or excessively.
NATO countries meet 2% defense costs?
British aircraft ship HMS Queen Elizabeth comes to New York City for 2018 port visit. (Christopher Furlong / Getty Images / Getty Images)
Reveves is a meeting with Trump Management officials, including Treasury Secretary Scott Bessent, including Treasury Secretary Scott Bessent this week, after the president to meet with a new trade agreement between the two countries Donald Trumps Application of tariffs on trade partners, including the United Kingdom
The United States and the United States began discussions on the trade agreement in May 2020 – several months after Britain leaving the European Union – during the first term of Trump, or did not take place during the former president Joe Biden’s Management.
“Trade Deal has long been a long time” said reeves. “There is no closer partnership between the United Kingdom and the United States, but we completely recognize and understand the concerns with the countries with sustainable, major trade surpluses and countries from these countries.”
Jaguar Land Rover, located in the UK, takes a break to us within Trump tariffs
British car manufacturer Jaguar Land Rover caused transportation to the United States via President Trump tariffs. (Reuters / Reuters pictures)
He noted that he is working for companies working for the headquarters of America and Britain citizens, leading strong economic relations that convince the development of the Chancellor’s trade agreement.
“A million brit for American companies and are very proud to do so and a million Americans work for English companies, so our economies are very closely involved in each other, so I believe there is an agreement to reduce Trade barriers Both roads between our countries are good for work, good for the industry and as a result are good for consumers, “said reeves.
“We continue to progress in that area. Of course, as a British government, we will sign only one agreement, in the national interest of our country,” he said. “But I think a bargain will be done.”
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Chancellor added anything other than the addressing Tariffs and other trade barriersHe sees an opportunity for closer technological partnerships between the two countries.
“There are a very close defensive and security partner between the United Kingdom and the United States – to do it in the next stage,” said reeves. “The scientific enterprise We are completely very large in both of our countries, so let’s see if we can create a technological partnership in the same way that our security and defense partnership is. “