Rachel Reeves rejects โ€˜Buy Britishโ€™ campaign as a response to US tariffs

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Rejection of 'Buy British' Campaign

Chancellor Rachel Reeves refused calls for a 'Buy British' campaign to counter US tariffs imposed by Donald Trump. She argued against an inward-looking approach, highlighting the UK's benefit from global markets.

Government's Stance

While rejecting a specific 'Buy British' campaign, the government aims to support British businesses by adjusting procurement rules to favor UK firms in government contracts. The Prime Minister's spokesperson echoed Reeves' view, emphasizing the UK's commitment to open trade while simultaneously supporting domestic producers.

Opposition's View

The Liberal Democrats' Treasury spokesperson, Daisy Cooper, initially requested a commitment to a 'Buy British' campaign.

Key Arguments

  • Reeves emphasizes the benefits of global trade for the UK's economy and working people.
  • The government seeks a balance between open trade and supporting domestic producers.
  • A 'Buy British' campaign is deemed an inward-looking approach.
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