Trump tariffs: government needs to put forward plans to Trump-proof economy

EMBARGO: Immediate Release

Responding to President-elect Trump’s statement that he will impose 25% tariffs on Mexico and Canada and additional 10% tariffs on China, LiberalDemocrat Treasury spokesperson Daisy Cooper MP said:

“Many will be extremely worried about the potential ramifications for the UK economy due to any kind of trade war between the United States and these countries.

“After years of Conservative economic vandalism, people across the nation have endured a brutal cost of living crisis and we are now set for yet another difficult winter with energy bills rising again.

“The new government needs to put forward urgent plans to Trump-proof the economy and reassure the public that we will not see the same kind of spiralling prices that we have all experienced in recent years.”

ENDS

Notes to Editors:

Reporting can be found here.