The UK is holding back on retaliation against the US tariffs imposed by President Trump, targeting goods from various countries including Norway and the EU. The decision not to retaliate was made after a thorough analysis of the potential impact on British trade, with experts citing the significant cost of a trade war.
Prime Minister Keir Starmer's statement on the matter, accompanied by data showing that tariffs imposed by the US would result in losses for UK businesses worth around £1 billion. It is also reported that these tariffs are not limited to just goods from Norway and the EU but will affect other countries as well.
Despite this, experts believe it's not entirely unexpected given the current strained diplomatic relationship between the two nations. The move seems a sign of restraint on the part of the UK government in its response to Trump's actions, suggesting that they are more focused on maintaining economic stability than engaging in a protracted trade dispute.
Prime Minister Keir Starmer's statement on the matter, accompanied by data showing that tariffs imposed by the US would result in losses for UK businesses worth around £1 billion. It is also reported that these tariffs are not limited to just goods from Norway and the EU but will affect other countries as well.
Despite this, experts believe it's not entirely unexpected given the current strained diplomatic relationship between the two nations. The move seems a sign of restraint on the part of the UK government in its response to Trump's actions, suggesting that they are more focused on maintaining economic stability than engaging in a protracted trade dispute.
I'm kinda surprised the UK isn't going all out against US tariffs, considering how much it affects their economy 
£1 billion in losses is no joke! But at the same time, can you blame them? A trade war would've been super costly and damaging to businesses. It's like they're choosing to protect their trade relationships over taking a hard stance 
Maybe this shows that even with strained relations, both sides are looking out for their own interests 
I think it's intriguing how the UK is opting for a measured approach here, weighing the potential costs and benefits of retaliation against those imposed by the US tariffs. The £1 billion loss figure from UK businesses is a pretty compelling argument for not taking a hardline stance, especially considering the global market dynamics at play. I'm also curious to see if this restraint might be a harbinger of more cooperative trade policies in the future, or simply a strategic move to avoid escalating tensions with the US. One thing's for sure - it'll be interesting to observe how this diplomatic maneuver plays out over time! 
. I guess we can all agree that diplomacy and stuff is better than war 
. It shows the UK government is trying to be smart about this whole thing instead of just reacting impulsively 
. Now if they could just convince Trump to chill out a bit 
, things might get even better for everyone!
. I get it, though - £1 billion isn't just cash, it's businesses, jobs... it's people's livelihoods 
. And with trade wars, who knows what other countries will get caught in the crossfire? It's all pretty uncertain 
.
. I don't know if I'd want to be a trade expert right now... that stuff sounds super complicated 
I mean, we all know how volatile those US politics can get, and the last thing they need is another big mess to deal with 
. Plus, who needs a trade war when you've got Brexit to deal with, right? 
Just kidding, but seriously, it's all about stability and growth at the end of the day 
!
! They're choosing not to engage in a super costly trade war with the US 
. And honestly, who can blame them? A protracted trade dispute could've had major ripple effects 
. The UK is showing some awesome restraint here 
, prioritizing economic stability over a potentially messy diplomatic showdown 
. Let's keep the vibes positive and hope this sets a good precedent for other countries to follow 
!
. I get it, don't wanna mess with the economy or anything, but what's gonna happen next?! Are they just gonna sit there while Trump keeps pulling this crap on them? 
How can they just let that slip through their fingers without even trying to push back? It's like they're giving Trump all sorts of leverage and it's just soooo frustrating! 
they're more worried about their economy than getting all salty with the us about tariffs I get it, a trade war would be nasty for british businesses 
still gotta respect keir starmer's decision to wait it out and see what happens next 
. I mean, £1 billion in losses? That's not nothing! It feels like they're just being nice for the sake of being nice 
. And what's with the lack of transparency? Where's the detailed breakdown of how this analysis was done? You'd think there would be some public interest in knowing more about this 
. Do they not care about the optics of this whole thing? I mean, in the grand scheme of things, does it really matter who's right or wrong? Or are we just going to pretend everything is fine and continue down this path? 
I feel like the UK is just getting taken advantage of here 
. They're being held hostage by US politics and it's not cool 
. £1 billion in losses? That's a lot of businesses that are going to struggle 
.
And yeah, it's not like they're going to start trading with the good old US of A or anything 
.
. like, we're talking decades, guys! 
. Either way, I hope they keep their cool and don't let Trump get 'em into a mess 
.