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EXC: Britain has been on a fierce lobbying drive in Washington to stop Trump’s 25% car tariff.
Cab ministers, UK ambassador and senior officials all pushing. Fears it would do more damage than steel tariffs.
Full story: telegraph.co.uk/business/2019/…
Cab ministers, UK ambassador and senior officials all pushing. Fears it would do more damage than steel tariffs.
Full story: telegraph.co.uk/business/2019/…
Decision on whether to impose up to 25% tariff on car imports due by end of the week from US Commerce Dep.
Britain, which exports c. 200,000 cars to US a year, would get whacked if they go for it. (Trump has publicly talked up the idea).
Britain, which exports c. 200,000 cars to US a year, would get whacked if they go for it. (Trump has publicly talked up the idea).
In last few months there's been a big push from UK to stop it. Liam Fox has talked to his opposite men Wilbur Ross + Robert Leithauser.
Our man in DC Sir Kim Darroch has also been pushing message in Congress. (Most Republicans are with us, I'm told, despite Trump stance).
Our man in DC Sir Kim Darroch has also been pushing message in Congress. (Most Republicans are with us, I'm told, despite Trump stance).
There's a belief that Trump admin's argument for tariffs if they go ahead - that car imports undermine national security - is "ludicrous".
Understand Britain would be hit by the tariff even after Brexit under May's plan to keep us closely aligned to Brussels. So no sudden relief post-March 29.
Tariffs would be a sizable blow to the UK car industry just as it's coming to terms with post-Brexit realities.
Also yet another example of how May and Trump's policy agendas don't match up. (True for many European leaders to be fair.)
Also yet another example of how May and Trump's policy agendas don't match up. (True for many European leaders to be fair.)
