gotchanewsdaily.com 
John Alty, the former permanent secretary at the Department for International Trade, said: “The government has signaled that it wouldn’t retaliate and it’s an economically sensible position. Is it sensible to apply tariffs to imports? No, it pushes up the cost to your domestic economy — which everyone knows, except apparently those around Donald Trump.”
Reeves’ welcome wagon
Chancellor Rachel Reeves struck a conciliatory tone toward the incoming Trump administration in a speech earlier this month, while also banging the drum for free trade.
Reeves emphasized the importance of “free and open trade,” and said the U.K. and U.S. should “deepen our economic relationship on areas such as emerging technologies.”
“I look forward to working closely with President-elect Trump, and his team, to strengthen our relationship in the years ahead,” she said.
Two Whitehall officials confirmed that the U.K. would try to close a mini-trade deal with a Trump White House on security and technology.
However, a full-fat U.K.-U.S. deal is very unlikely, despite both sides starting negotiations under Trump’s first term.
A U.K. government spokesperson said: “We look forward to working with President-elect Trump in office, including on his policy priorities and to improve U.K.-U.S. trading relations to support businesses on both sides of the Atlantic.”
