US Tariffs Could Harm Global Economy, Warns Home Secretary Yvette Cooper
Home Secretary Yvette Cooper warns that US tariffs may hurt global trade and growth, urging for reduced trade barriers.
Politics
US, Mexico, Canada, China, Yvette Cooper, Donald Trump
London: US trade tariffs might seriously hurt the global economy, according to Home Secretary Yvette Cooper. She expressed concerns about the impact of these tariffs on trade and growth.
Recently, Donald Trump imposed a 25% tariff on goods from Mexico and Canada. He also set a 10% tariff on items from China. Retaliation from these countries is expected.
Cooper emphasized that increasing tariffs worldwide could damage global growth. She believes that reducing trade barriers is essential for businesses to thrive.
Trump has hinted that the EU might also face tariffs. He suggested that Canada should become the 51st state to avoid these levies.
On his Truth Social platform, Trump claimed the tariffs would be worth the “pain” to create a “golden age of America.”
Meanwhile, Sir Keir Starmer is heading to Brussels for talks, aiming for a strong trading relationship with the US. However, Nigel Farage criticized Starmer for his approach during this tariff situation.