{"id":2883,"date":"2025-04-05T04:39:13","date_gmt":"2025-04-05T04:39:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/2883\/"},"modified":"2025-04-05T04:39:13","modified_gmt":"2025-04-05T04:39:13","slug":"trumps-tariff-war-has-brits-drawing-unflattering-comparison","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/2883\/","title":{"rendered":"Trump’s Tariff War Has Brits Drawing Unflattering Comparison"},"content":{"rendered":"

Donald Trump <\/a>has caused chaos around the world this week by slapping tariffs<\/a> on more than 60 countries \u2013 and Brits cannot help but compare him to Liz Truss.<\/a><\/p>\n

The US president has announced a series of \u201creciprocal\u201d taxes on international imports into America which he claims will boost his country\u2019s economy.<\/p>\n

More than 60 countries were hit with levies ranging from 10% \u2013 the rate given to the UK, New Zealand and Taliban-run Afghanistan \u2013 to 34%, which was applied to China.<\/p>\n

Those tariffs come on top of the 25% levy Trump already applied to cars and steel products earlier this year.<\/p>\n

The stock market has already plummeted in the wake of Trump\u2019s announcement, sparking fears of a worldwide recession.<\/p>\n

While some countries<\/a> like Britain are hoping an economic trade deal <\/a>could encourage Trump to drop tariffs on their exports, others have decided to up the ante instead.<\/p>\n

China, the second largest economy in the world after the US, hit back on Friday with a retaliatory 34% tariff on US goods.<\/p>\n

Despite all these deeply concerning signs, Trump told reporters<\/a> on Thursday: \u201cI think it\u2019s going very well. It was an operation, like when a patient gets operated on, it was a big thing.\u201d<\/p>\n

He added: \u201cThe markets are going to boom, the stock is going to boom, the rest of the world wants to see if there\u2019s any way they can make a deal.\u201d<\/p>\n

\u201cThey\u2019ve taken advantage of us for many many years,\u201d he said, claiming they have an extra $7 trillion of investment coming into the US as a result.<\/p>\n

For the British, it reminds them of a rather similar moment of economic turmoil \u2013 Truss\u2019 historic time in No.10, which was shorter than a lettuce\u2019s shelf life.<\/a><\/p>\n

The Conservative<\/a> prime minister\u2019s \u00a345bn of unfunded tax cuts, unveiled in her October 2022 mini-Budget, sent the pound into decline.<\/p>\n

The Bank of England even had to step in to rescue the markets,<\/a> and later admitted the UK was hours away from total \u201cfinancial meltdown\u201d.<\/a><\/p>\n

So it\u2019s no surprise the chaos coming out of Washington this week even has Trump\u2019s former communications director Anthony Scaramucci making<\/a> the comparison…<\/p>\n

\n

Donald Trump is Liz Truss<\/p>\n

\u2014 Anthony Scaramucci (@Scaramucci) April 4, 2025<\/a><\/p><\/blockquote>\n

And he was definitely not the only one….<\/p>\n

\n

Donald Trump’s masterplan was given to him by the same people who gave Liz Truss hers.<\/p>\n

If history repeats Trump has 45 more days left.<\/p>\n

\u2014 BladeoftheSun (@BladeoftheS) April 3, 2025<\/a><\/p><\/blockquote>\n

…others said Truss, in comparison, looked like a genius…<\/p>\n

\n

$2.2trillion dollars were wiped off international stock markets today. Trump is making Liz Truss look like a fiscal genius.#TrumpTariffs<\/a><\/p>\n

\u2014 Parody Keir Starmer (@Parody_PM) April 3, 2025<\/a><\/p><\/blockquote>\n

…but plenty also pointed out that, while the Conservatives were able to oust Truss quickly and get the economy back on a slightly more even footing, Trump cannot be kicked out of the Oval Office quite that easily.<\/p>\n

…Meanwhile, Truss herself avoided commenting on the economic comparisons at all and instead called for a trade deal with the US…<\/p>\n

\n

Britain should do a trade deal with the US. But do not underestimate how hard the globalist, pro-EU Whitehall Blob will fight it.<\/p>\n

I saw this when I negotiated the UK-Australia free trade deal.<\/p>\n

All kinds of objections were raised and delaying tactics were used by the Blob and\u2026<\/p>\n

\u2014 Liz Truss (@trussliz) April 3, 2025<\/a><\/p><\/blockquote>\n