Rachel Reeves confirms UK will NOT slap tariffs on US despite Donald Trump's Greenland threats

Chancellor Rachel Reeves has confirmed the Labour Government will not impose retaliatory tariffs on the US despite President Donald Trump's threats to annex Greenland from Denmark.

President Trump has asserted the White House will levy 10 per cent tariffs on eight European countries, including the UK, if they do not recognise his claims to take over the Danish territory.

These tariffs will come into effect from next month and will be raised to 25 per cent later this year if the Trump administration's demands are not met by European allies.

Despite this, the Chancellor said: "'Britain is not here to be buffeted around. We’ve got an economic plan and it’s the right one for our country. 'If other countries want to increase trade barriers, that is their choice.

"But we are determined to bring trade barriers down, which is why this week I’m meeting with European, Gulf partners, Canadians to talk about how we can free up trade and make it easier for businesses to trade around the world."

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