Gordon Brown accuses Trump of ‘weaponising’ global trade system

Former PM says governments should team up to create ‘global rescue plan’ that counters US president’s tariffs

Gordon Brown has accused Donald Trump of “weaponising” the global trading system with steep import tariffs that threaten a “breakdown” in the global economic order.

The former prime minister said governments and central banks should come up with a “global rescue plan” comparable to actions taken during the global financial crisis of 2008, including synchronised interest rate cuts to cushion the blow from tariffs.

Continue reading...

from The Guardian https://ift.tt/Uqaz1MI

Comments

Post a Comment

Popular posts from this blog

Tributes paid to ‘much-loved’ boy killed in Gateshead industrial estate fire

Death of Layton Carr, 14, has left community ‘heartbroken’ as police arrest more than a dozen children A 14-year-old boy whose body was found after a large fire in Gateshead was “valued and much loved”, his headteacher has said. Fourteen children have been arrested on suspicion of manslaughter over the death of Layton Carr, from South Tyneside. Continue reading... from The Guardian https://ift.tt/xS3DR60
Read more

‘This is not our first rodeo’: Israelis remain stoic amid Iran strikes

Many citizens see loss of lives, homes and much else as a painful but necessary sacrifice for country’s future Middle East crisis – live updates The Iranian missile blew the door off the White City museum celebrating Bauhaus Tel Aviv, and shattered the windows of the Quick coffee shop down the road, where cinnamon buns and salads sat in the display case ready for a relaxed summer day that would never come. In the ultra-orthodox neighbourhood of Bnei Bark another missile collapsed a school, killing an 80-year-old man. A third hit partway up a high-rise tower in manicured, suburban Petah Tikva, destroying a reinforced safe room and killing the family inside. Continue reading... from The Guardian https://ift.tt/5X13r8n
Read more

‘Vile’ Labour WhatsApp group exposes toxic divisions in Andrew Gwynne’s power base

Insiders say online forum soon turned ‘nasty’ and Tameside party members were notorious for ‘slagging off’ each other The brutally swift downfall of the health minister Andrew Gwynne and his Labour colleague Oliver Ryan was a story few in Westminster saw coming. Gwynne, 50, had managed to dodge most controversies during his near 20-year stint in parliament, though rose to brief fame for calling Boris Johnson a “pillock” on live television in 2017. Continue reading... from The Guardian https://ift.tt/WVXvA2a
Read more