Cabinet minister slams as 'complete nonsense' report US will get veto on Chinese investment in UK in trade deal
- On Thursday, political leaders announced a trade agreement to lower tariffs and boost trade between the UK and the US.
- The agreement followed Brexit and reflects the US interest in protecting investment and working on security measures with the UK.
- The deal includes cutting car tariffs from 25% to 10% immediately and eliminating steel and aluminium tariffs from 25% to zero.
- Sir Keir Starmer said the agreement would protect jobs, especially in the luxury car sector, while Trump called the US-UK relationship stronger.
- The US can raise concerns over Chinese investment in the UK, which some describe as a veto but officially is a cooperative security measure under UK law.
5 Articles
5 Articles
Starmer gives Trump a veto over Chinese investment in the UK! - Workers Revolutionary Party
LABOUR Party leader Starmer has given Donald Trump a ‘veto’ to bar Chinese investment in Britain in the just agreed trade deal over US tariffs on Thursday. Despite all the fanfare in the British media about Starmer’s claims of a successful deal with more ‘preferential treatment’ in the future, detailed analyses in yesterday’s Daily Telegraph and Financial Times reveal that the UK is now worse off than before Trump’s trade war assault on the whol…
PM hands US 'veto' on China deals
PM hands US ‘veto’ on China deals The Daily Telegraph says it has learnt that under the terms of the deal, the US can “object to Chinese firms investing in the UK.” The paper says the Tory party says this amounts to a “veto” – something the government’s spokesperson has dismissed as “categorically untrue.” The newly [...] WTX News WTX News - WTX News Breaking News, fashion & Culture from around the World - Daily News Briefings -Finance, Busines…
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