Prices: Starmer is committed to protecting British industry

This article was automatically translated from HIBAPRESS, the Arabic version:

Hibapress

British Prime Minister Keir Starmer is committed, on Sunday, to intervene to protect companies in his country in the face of “the storm” caused by American customs duties.

“We are ready to implement an industrial policy to protect the British companies from this storm,” wrote Mr. Starmer, in a column published on the columns of “Sunday Telegraph”.

While conceding that the intervention of the State in the economy can “make some uncomfortable”, he stressed that “we simply cannot hang on to our old feelings when the world changes so quickly”. “The world as we knew it has disappeared,” he said.

The United States has imposed customs duties of 10 % on British imports to the United States, a lower level that the 20 % imposed on the EU. In addition to these prices, rights of 25 % have been imposed on the exports of British cars, as well as on steel and aluminum products.

The Labor Head of Government said that he will continue to seek a trade agreement with the United States to avoid certain customs duties, noting, however, that he will sign an agreement “only if it is advantageous for British companies and jobs”.

In addition, the tenant of Downing Street said that his government will “accelerate the plans aimed at improving our national competitiveness, so that we are less exposed to this type of world shock”.

In a telephone interview on Saturday between Mr. Starmer and the French president Emmanuel Macron, the two leaders agreed that a trade war “is in the interest of anyone”, while stressing that all the options remain on the table.