The British government will not engage in a “knee” response at the prices imposed by Donald TrumpAs he warned, there would be a “difficult period” to come in trade relations with the United States and called for calm.
The American president must announce his latest series of prices on Wednesday – which he called “Liberation Day” – provoking concerns about a world trade war.
Prime Minister Keir Starmer, and Chancellor, Rachel Reeves, will face questions from deputies in Parliament before the new planned prices that could derail their economic plans.
Speaking before the announcement, Bridget PhillipsonThe Secretary of Education said that the government had “worked through each possibility”.
“We recognize that this is probably a very difficult period,” she told BBC Breakfast. “We always have in progress negotiations with our American counterparts on the conclusion of an economic agreement, but we will always act in the national interest and the interest of the British people.”
Phillipson said that the government “would always act in the national interest and the interest of the British people”, adding: “I think what they want, and what business and industry want, for us to maintain a calm and pragmatic approach during this period and not to engage in a response on knees, because the last thing that anyone who wants is a business war with the United States.”
Since his entry into office, Trump has shook the world’s stock markets and caused dismay between business leaders by announcing and delaying plans to impose prices on foreign imports.
Threats have embittered American relations with its largest trading partners. Canada Prime Minister Mark Carney called them “unjustified” And said that his country would react robust. The European Union said it had a “Strong plan” to retaliate.
When asked if the British government planned to abandon its tax rules in the event of exceptional commercial circumstances, Phillipson said that “budgetary rules count”.
“They count because we must demonstrate that we have a clear meaning about how we manage public finances,” she told Sky News.
“I think your viewers will have seen in recent years with the Liz Truss government, which is happening when you have a government that does not have adhesion on public finances and is not ready to make choices on priorities. Our tax rules are important, and they count. ”
Speaking on the government’s announcement by up to 4,000 new children’s childcare places in new or enlarged school nurseries, Phillipson said it was the “first step” to the realization of the 100,000 places promised by work last year.
“We know the difference that early childhood education made for the chances of children’s life, and your viewers will know how important it is that they can access childcare services,” she said.