The Government will “wait and see” whether tariffs announced by Donald Trump on Friday “actually come to pass”, a senior minister has said.
Asked what the Government’s response to Mr Trump’s announcement was, Mr McFadden said: “Wait and see what it means, it’s the best reaction to everything over the last month.
Pat McFadden, Chancellor of the Duchy of Lancaster and one of Sir Keir Starmer’s most senior ministers, told Sky News on Friday evening it was important not to “overreact” to the announcement from the Trump White House.
But immediately following his announcement, it was unclear how this would apply to the UK, especially as Mr Trump suggested his policy regarded VAT as a tariff.
Saying there were still “a lot of unanswered questions” about the extent of the tariffs, he went on: “We took the decision…that we wouldn’t breathlessly chase every headline that was coming out over the last month.