There's no benefit in playing chicken with Trump on trade
The Independent|November 11, 2024
This week Rachel Reeves will use her Mansion House speech in the City of London to "promote free and open trade between nations".
SEAN O'GRADY
There's no benefit in playing chicken with Trump on trade

The word is that the chancellor is “expected to be clear that she will take the fight to Washington in defence of free trade”.

With Donald Trump having just seen one female progressive politician off so recently, Reeves is displaying considerable pluck in squaring up to the nascent Maga administration. Perhaps, some such as Kemi Badenoch argue, Reeves should instead take the opportunity to seize the most valuable of Brexit opportunities, and press president-elect Trump for the free trade deal with the United States we’ve been yearning for ever since that fateful referendum eight and a half years ago.

The question is: would Donald Trump ever give us a deal that would be of any benefit to the UK anyway? There are strong reasons to suppose he would not, with the worst-case scenario being that he’d force one on Britain that would actually leave us far worse off.

As with so much that will unfold during Trump 2.0, we’ve got the experience of Trump 1.0 to go on: a chaotic rehearsal for what will be a more organised and determined sequel. Answering the increasingly desperate pleas of Theresa May and Boris Johnson after the EU referendum, the Americans agreed to talks.

By 2019, the outlines of a deal were actually becoming clearer. Indeed, a draft text of such an agreement was leaked, and it ended up being used by the then Labour leader, Jeremy Corbyn, in one of his few successful assaults on the Tories in that year’s general election. “Our NHS is not for sale”, cried Jezza, and for once he had something to back up the fearmongering.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE INDEPENDENTView all
Fierce rivalry in best British flyweight fight for decades
The Independent

Fierce rivalry in best British flyweight fight for decades

This time last year, Sunny Edwards was on his way to the USA for a unification world title fight, and Galal Yafai was a five-fight novice.

time-read
3 mins  |
November 30, 2024
Wiegman faces twin issues in tactical battle with Hayes
The Independent

Wiegman faces twin issues in tactical battle with Hayes

Sarina Wiegman had already highlighted where England need to improve long before Emma Hayes and the United States landed in London ahead of today's marquee clash at Wembley.

time-read
4 mins  |
November 30, 2024
Crisis at City has shades of Mourinho's Bridge too far
The Independent

Crisis at City has shades of Mourinho's Bridge too far

For all the comments on Pep Guardiola's scratches, some senior figures in football were a bit shocked by the image.

time-read
5 mins  |
November 30, 2024
Our favourite brands are at risk from changing demand
The Independent

Our favourite brands are at risk from changing demand

Constantly evolving consumer habits are threatening even the biggest names - factor in a competitive marketplace and rising overheads, and they're goners, says Chris Blackhurst

time-read
4 mins  |
November 30, 2024
Insurgents fighting Assad's Syrian regime enter Aleppo
The Independent

Insurgents fighting Assad's Syrian regime enter Aleppo

Surprise offensive is first time city is attacked since 2016

time-read
2 mins  |
November 30, 2024
Macron praises those who helped rebuild Notre-Dame
The Independent

Macron praises those who helped rebuild Notre-Dame

President visits cathedral as it prepares to reopen next week

time-read
2 mins  |
November 30, 2024
Three main Irish parties set for election photo finish
The Independent

Three main Irish parties set for election photo finish

Sinn Fein, Fine Gael and Fianna Fail are virtually neck-and-neck in terms of first preference votes in the Irish general election, according to an exit poll last night.

time-read
5 mins  |
November 30, 2024
Ukraine could cede land for peace deal, says Zelensky
The Independent

Ukraine could cede land for peace deal, says Zelensky

Ukrainian president Volodymyr Zelensky has suggested he would temporarily cede Ukrainian territory to Russia in exchange for joining Nato.

time-read
1 min  |
November 30, 2024
Russia suffers record 2,000 losses in one day, says Kyiv
The Independent

Russia suffers record 2,000 losses in one day, says Kyiv

Claims of unprecedented military casualties for Moscow come as Putin’s forces make advances in eastern Ukraine

time-read
3 mins  |
November 30, 2024
Police name mother killed in hit-and-run e-bike crash
The Independent

Police name mother killed in hit-and-run e-bike crash

A young mother who was killed after she was knocked off an ebike in a hit-and-run crash has been named.

time-read
2 mins  |
November 30, 2024