Overview
- In a conference speech, Shadow Chancellor Sir Mel Stride said tariffs are not the answer to economic troubles and warned rising barriers would leave everyone worse off.
- Stride pledged the Conservatives would call out any trade "mistake" by the White House and described protectionist tariffs as a populist tool, citing threats linked to Greenland.
- He accused Reform UK of prioritising the White House over Britain, while a Reform spokesman said Nigel Farage explicitly opposes Trump’s tariff regime.
- CityAM reported that the president scaled back some tariff threats to the UK and Europe after a Greenland security deal.
- Recent arrangements include a 10% tariff on the first 100,000 UK car exports versus 25% for others, with total UK-US trade around £329.5bn compared with about £102bn with China.