US tariffs risk having ‘really damaging impact’ on global economy, warns Home Secretary

US tariffs risk having ‘really damaging impact’ on global economy, warns Home Secretary

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US tariffs risk having ‘really damaging impact’ on global economy, warns Home Secretary
Author: Ryan Sabey
Published: Feb, 02 2025 22:32

US trade tariffs risk having a “really damaging impact” on the global economy, the Home Secretary warned yesterday. It came as Donald Trump slapped a 25 per cent levy on goods from Mexico and Canada, with ten per cent on Chinese items. Retaliatory measures are expected. Yvette Cooper said: “Tariff increases right across the world can have a really damaging impact on global growth and trade, so I don’t think it’s what anybody wants to see.”.

 [President Trump speaking at a press briefing.]
Image Credit: The Sun [President Trump speaking at a press briefing.]

She added: “We want to reduce barriers to trade, make it easier for businesses.”. Trump has also indicated that the EU could also be hit with tariffs on goods. He also says Canada should become the 51st state in America to avoid the levies. In a post on his Truth Social platform, he wrote the tariffs will be worth the “pain” to help create a “golden age of America”. Sir Keir, who heads to Brussels for talks today said that he wants a “strong trading relationship” with the US.

 [Photo of Yvette Cooper on a BBC program.]
Image Credit: The Sun [Photo of Yvette Cooper on a BBC program.]

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