Trump's import tax plan opens rare door for British business growth

Former US president promises new import fees up to 20% but hints at British exemption. UK-US trade deal framework from previous talks could speed-up negotiations while giving Britain edge over EU competitors

November 10 2024 , 04:10 AM  •  794 views

Trump's import tax plan opens rare door for British business growth

In his campaign Donald Trump promised tough import fees - 20% on general imports and 60% for China-made goods (which puts UK economy at risk but also opens new doors)

The situation creates two-sided effect: British exporters might face problems but theres a chance for special UK exemption from these fees. Such deal would give UK companies better access to US market while other countries face new barriers; this means less competition and more sales

Keir Starmer seems more focused on planning counter-measures instead of working on possible trade benefits. The government needs to change its view - especially since Kemi Badenoch points out that UK already has deals with several US states and old Trump-era agreement draft can be used as starting point

Some good signs exist for UK-US partnership:
* Trumps Scottish family roots
* His good relations with Royal family
* Strong support for Brexit ideas
* Frustration about UKs slow progress after leaving EU

Labour party members dont like Trump but their personal views shouldnt block progress towards better trade deals. Its time for Starmer to put aside EU-first thinking and focus on countrys needs - the economic benefits are too big to miss this chance