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2025-04-20

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Trump's tariffs escalate! The British Prime Minister warns that globalization may be nearing its end.

Trump's tariffs escalate! The British Prime Minister warns that globalization may be nearing its end.
讀後心得
British Prime Minister Skye stated that with Trump’s return to the White House and the implementation of reciprocal tariffs, the era of globalization has ended, and the UK must embrace new challenges. He emphasized the importance of cooperation and flexible diplomacy for the economy and plans to protest but will not impose retaliatory tariffs on the United States. At the same time, he will commit to making every effort to protect national interests. UK Chancellor of the Exchequer Reeves will also promote policies related to economic growth and expedite trade agreements with other countries.

The British Prime Minister Skye has stated that with Trump returning to the White House and implementing reciprocal tariff policies, the familiar world has ceased to exist, marking the end of the era of globalization.

Trump's administration's reciprocal tariff measures have plunged global stock markets and financial markets into crisis, and the UK also faces a 10% reciprocal tariff. In a statement released over the weekend, Skye pointed out that the world people once knew has vanished, and the British people must rise to embrace new opportunities and challenges.

  • Skye plans to deliver a speech on local time Monday, discussing the changes in the world and the end of the era of globalization, emphasizing that we are entering a completely new era.
  • He stressed that the impact of the trade war means the UK must further quickly reduce red tape and establish a government that actively reforms to promote economic growth.
  • Skye stated that the current world is no longer bound by existing rules, and the UK needs to demonstrate a cool head, a pragmatic spirit, and a clear understanding of national interests.
  • On the issue of tariffs, he urged calmness and aimed for the most favorable agreements, as there are no winners in a trade war, and its impacts will be profound.
  • Skye emphasized that flexible diplomacy could bring more opportunities for the UK economy and will actively strengthen ties with allies to reduce trade barriers.
  • He also plans to express protests to Trump, while conveying an understanding of his "America First" stance and explaining the reasons for supporting Trump.
  • Skye committed to fully protecting Britain's national interests, including the potential adoption of industrial policies to support local businesses.

In addition, the UK's Chancellor of the Exchequer Reeves will also deliver a statement this week regarding promoting economic growth and plans to visit countries such as India and Australia to expedite trade agreement processes.