00:00A day after the anti-Trump protest that took place around Europe, European leaders are
00:07formulating their response to the Trump tariffs.
00:10The UK Prime Minister, Sakhir Starmer, has promised to protect British businesses a day
00:15after a 10% tariff on all UK goods exports to America came into force.
00:21Writing in the Sunday Telegraph, Starmer said,
00:24We stand ready to use industrial policy to help shelter British business from the storm.
00:30Some people may feel uncomfortable about this.
00:33The idea the state should intervene directly to shape the market has often been derided.
00:38But we simply cannot cling on to old sentiments when the world is turning this fast.
00:44As well as the 10% tariff, a 25% tariff has also been put on UK car exports.
00:50Jaguar Land Rover has already said it will pour shipments of its cars made in Britain
00:55to the US for a month, while it considered how to mitigate the cost of the new tax.
01:00Meanwhile on Saturday, the French President Emmanuel Macron had a phone call with Starmer
01:05in which the two leaders agreed to closely coordinate their position in tariff discussions.
01:11But while the UK has employed a softly, softly approach in its response to the tariffs, the
01:16European Union is already preparing retaliatory measures against the United States.
01:21The 27-nation bloc is set to approve countermeasures on up to $28 billion worth of US imports
01:29after it was slapped with a 25% tariff by Trump.
01:33EU leaders will meet in Luxembourg on Monday in the first summit since the tariffs were announced.
01:38In a post on X, Macron said while a trade war was in no one's interest, the EU had to
01:43stand united and resolute to protect their citizens and businesses.
01:48Meanwhile the owner of X and Donald Trump's special advisor Elon Musk struck a more conciliatory
01:53tone in an interview with Italy's Deputy Prime Minister Matteo Salvini.
01:58Musk saying he hoped the trade dispute with the EU would one day be resolved.
02:02I hope it is agreed that both Europe and the United States should move ideally in my view
02:09to a zero tariff situation, effectively creating a free trade zone between Europe and North America.
02:15That sentiment was echoed by Italy's Prime Minister Giorgia Meloni, who has pushed for
02:20negotiations with the US.
02:22But it seems her EU partners are gearing up for a full-on transatlantic trade war and
02:27are pushing Meloni to choose a side.
02:29Rahul Pathak, CDTN.
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