Donald Trump’s US election win brings with it the prospect of a trade war, which could have a traumatic and destabilizing effect on global trade – potentially putting Rachel Reeves’s recent growth plan for the UK economy in jeopardy. Stronger UK-EU defence ties are also now more crucial than ever – with the days of outsourcing protection to the United States now over.
Respected think-tank NIESR (National Institute of Economic and Social Research) said today that Trump’s policies could halve the UK’s already low growth and push up inflation.It now makes no make sense to stay economically isolated from our European neighbours: we need a red alert, not just a reset and more red lines.
Sir Nick Harvey, CEO of European Movement UK, said:
“The future of Europe depends not on elections on another continent but on Europe fulfilling its own destiny and own place in the geopolitical landscape. The UK needs to make a clear choice to be part of that European strength, in the interests of all of us – on defence and security, just as much as on trade and the economy. The time for posturing on the sidelines is over. Sensible conversations are more crucial than ever before, about the damage of leaving the European Union, and what shape our future relationship should take.”
Dr Mike Galsworthy, Chair of European Movement UK and founder of Scientists4EU, said:
“If you even needed another reason for the UK to join the EU – here it is. Europe can no longer rely on protection from the US. It has to stand on its own two feet and look after its own defence needs and obligations, and the urgent need is for Keir Starmer’s government to be absolutely front and centre of that revolution in Europe’s defence capabilities. Brexit was always going to fail on its own terms, but a Trump win makes the UK even more stranded in an increasingly toxic place. For the UK, for Ukraine, for European security, and for building a bastion of decency in the world, we must urgently forge much closer ties with the EU.”
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