Matthew Lynn

Can Starmer sell a US trade deal to UK business?

Donald Trump and Keir Starmer (Credit: Getty images)

The White House reportedly expects that a trade deal between the United States and the UK could be signed within the next few weeks. This should be a big deal, at least for the small island if not for the world’s biggest economy. There could be a grand signing ceremony at Buckingham Palace. Or at a state visit to parliament by President Donald Trump. Or, if nothing else, perhaps Paddington Bear could put in an appearance to boost marmalade exports. But there is just one catch. It will have to be sold to the public and business alike – and that will be very hard for the bitterly anti-Trump Starmer government.

The final form of this supposed trade deal with the US has yet to be revealed. At the very least, it should include a suspension of the blanket 10 per cent tariffs President Trump imposed on everything the US imports.

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Written by
Matthew Lynn

Matthew Lynn is a financial columnist and author of ‘Bust: Greece, The Euro and The Sovereign Debt Crisis’ and ‘The Long Depression: The Slump of 2008 to 2031’

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