European Commission proposes ‘Buy EU’ plan to compete against China

Plan, which aims to preserve jobs in clean tech and low carbon sectors, could include UK if there is reciprocal market access

The European Commission has proposed a “Buy EU” plan to boost domestic low-carbon industries and help the continent compete against China.

The commission published a draft regulation – called the Industrial Accelerator Act – on Wednesday, setting demands for EU-made and low-carbon content on bodies spending public money. The rules mark a major shift in economic thinking from Brussels, long a bastion of open markets.

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Decision to allow UK exports to Armenian firm under review over Russian links

Cygnet Texkimp was approved to export machines to Rydena, but ministers examining deal after Guardian highlighted founders’ links to Kremlin military supply chain

Ministers are reviewing a decision to allow a British company to export hi-tech equipment to Armenia after the Guardian uncovered links to the Russian military supply chain.

Cygnet Texkimp, based in Cheshire, was weeks away from exporting two machines that produce carbon fibre “prepreg”, a lightweight material that can be used in a range of civil and military applications.

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New planning bill could jeopardise UK’s trade deal with EU, ambassador warns

Exclusive: Proposed legislation removes EU-derived nature protections as government hopes to boost economic growth

Ripping up environmental protections will put at risk the UK’s free trade agreement with the EU, Europe’s ambassador has warned.

The Guardian understands Pedro Serrano visited the environment secretary, Emma Reynolds, this week and warned her that the planning and infrastructure bill going through the House of Lords could jeopardise the trade deal.

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UK metals firms threaten to sue government over tariffs on steel imports from Asia

Companies send letter to business secretary complaining new rules were imposed with 24 hours’ notice

UK metals companies have threatened to take legal action against the government over tariffs on raw steel imports from Asia which they claim have caused a “tsunami” of problems for the industry.

Earlier this summer, the business secretary, Jonathan Reynolds, reduced the amount of raw steel from Vietnam and South Korea that can be imported tariff-free in a move designed to protect UK raw steel makers, which face competition from cheap imports.

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John Swinney urges Trump to exempt scotch whisky from 10% tariffs

First minister says there is ‘window of opportunity’ as he holds talks with US president at Aberdeenshire golf resort

Scotland’s first minister has urged Donald Trump to exempt scotch whisky from 10% tariffs as the leaders met before a lavish opening ceremony for a second golf course at the US president’s Aberdeenshire resort.

John Swinney said he believed there was “a window of opportunity” to look at the specific tariff, which is believed to be costing the scotch whisky industry £4m a week.

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Starmer defends investment in wind turbines after Trump wrongly claims it is ‘most expensive form of energy’ – UK politics live

UK PM meets US president at his golf course in Turnberry, Scotland, where they discuss energy, Gaza and trade

In a column for the Daily Record, John Swinney, Scotland’s first minister, has said that, if the SNP get a majority in next year’s Holyrood elections, that will be a mandate for a second independence referendum. He said:

Over the next few months, the SNP will set out some radical policies that we know will transform Scotland – ambitious ideas that can be realised with the powers of independence.

For us to achieve that independence, the first step is to secure a legal referendum recognised by all. In 2011 we secured that reliable and dependable route when the SNP achieved a majority of seats at Holyrood.

Tariffs are very important for the Scottish economy and obviously scotch whisky is a unique product.

It can only be produced in Scotland. It’s not a product that can be produced in any other part of the world. So there’s a uniqueness about that, which I think means there is a case for it to be taken out of the tariffs arrangement that is now in place.

I think what’s important is that we focus on the solutions that are required now, and the absolutely immediate situation is a necessity for a ceasefire and for humanitarian aid to need to flow into Gaza so that the people of Gaza can be saved from the starvation that they face.

And I think President Trump is ideally positioned. In fact, he’s perhaps uniquely positioned to apply that pressure to Israel to ensure that there is safe passage for humanitarian aid to support the people of Gaza, who face an absolutely unbearable set of circumstances as a consequence of the conflict.

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Jeremy Corbyn confirms he is setting up new political party with Zarah Sultana – UK politics live

Former Labour leader said he was founding the new party, which is being referred to currently as Your Party

Business secretary Jonathan Reynolds blamed Donald Trump’s tariffs and competition from China for the slump in vehicle manufacturing.

He told BBC Breakfast he was “very concerned” about the industry, which he described as the “jewel in the crown” of British manufacturing.

I’m very concerned about automotive, the pressures on the system which come from the US trade agenda, but also an incredible increase in capacity from China.

It’s why as a government we’ve adopted so many measures specifically around the automotive sector.

The UK state pension is already one of the worst in the entire developed world, which is a direct result of decades of governments transferring both our national and personal wealth to the super rich.

Any decision to squeeze more out of working people by forcing us to work even longer would be a national disgrace.

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Trump’s 10% tariff on most UK goods ‘here to stay’, says Lord Mandelson

British ambassador to US believes universal levy unlikely to change but there is ‘scope’ for negotiations in some sectors

The 10% tariffs on most UK goods imported into the US are likely “here to stay”, according to Lord Mandelson.

The British ambassador to the US said the “universal 10% tariff” was unlikely to change but that there was “scope” for negotiations in different sectors and industries, such as technology.

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Starmer confirms willingness to make concessions on welfare bill, saying reforms must be fair – UK politics live

‘We want to see reform implemented with Labour values of fairness,’ the PM says

In his final answer Starmer explained how he thought government and business should work together.

A true partnership is not two people or two bodies trying to do the same thing. It’s two people or bodies realising they bring different things to the table.

Government shouldn’t try to run businesses. It’s done that in the past and it doesn’t work particularly well.

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UK trade secretary to seek exemption from US steel and aluminium tariffs

Trump announced on Friday night that he planned to double rates on imported steel, piling more pressure on the industry

The UK’s trade secretary, Jonathan Reynolds, will meet his US counterpart next week to thrash out a timeline for exempting the UK from US steel and aluminium tariffs after Donald Trump announced he would double them.

British officials are seeking clarity on the implications of Trump’s announcement on Friday night that he planned to double the tariffs from 25% to 50% from Wedneday 4 June, piling further pressure on global steel trade.

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UK accused of ‘garbled messaging’ as trade envoy visits Israel to boost links

Lord Austin’s trip to ‘drum up business for Britain’ comes week after foreign secretary suspended trade talks

The coherence of the UK government’s policy towards Israel is under question after Labour permitted its trade envoy to boost commercial links one week after the foreign secretary suspended talks on a further trade deal.

The trade envoy, Lord Austin, was pictured on a visit to Haifa in a post on X shared by the UK’s embassy in Israel. The post welcomed Austin to the country as he visited a hi-tech “customs scanning centre”, a port and a light rail project that the embassy said showed UK and Israeli “cooperation at every stop”.

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Government considers sale of Brexit border checkpoint in Kent – reports

New trade deal with EU could make 41 border control posts built after Brexit redundant

The UK government is reportedly considering selling a post-Brexit border check facility in Kent that could fall out of use as a result of this week’s trade pact with the EU.

The site, based in Sevington, Ashford, was erected in 2021 with capacity for 1,300 lorries that were expected to face extra checks on plants and animal goods, including dairy and meat, entering and leaving Britain after Brexit.

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Starmer’s post-Brexit reset offers clear benefits – but there is political risk too

While getting UK-EU deal through parliament should be easy enough, cries of ‘betrayal’ may chime with some voters

There were two moments at the UK-EU summit where it felt as if a corner had truly been turned. It was not on agrifoods, nor youth mobility, defence or fishing.

When Keir Starmer said the UK had changed, the most symbolic evidence of that came in a press release from No 10 that set out the terms of the agreement brokered at Lancaster House.

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China issues warning to UK over terms of US trade deal

UK accused of aligning with US in move that could compel firms to exclude Chinese products from supply chains

China has warned the UK over its new trade deal with the US, accusing Britain of aligning with the US in a move that could compel British companies to exclude Chinese products from their supply chains.

The UK-US trade deal, signed last week, offers Britain limited relief from US tariffs on car and steel exports, but only if it complies with strict American security requirements. These conditions include scrutinising supply chains and ownership structures – a move widely interpreted as targeting Chinese involvement.

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Trump confirms ‘full and comprehensive’ trade deal with UK – US politics live

US president hails ‘first announcement’ of trade agreement and says ‘many other deals to follow’

Downing Street did not comment on Donald Trump’s claim that the UK had agreed a “full and comprehensive” trade deal with the US.

Asked whether this was the case, the prime minister’s official spokesperson said: “You’ve got his words and we’ve always been clear that we want to do a deal that’s in the British national interest, and support a substantial UK-US trading relationship.

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US and UK set to announce trade deal today – UK politics live

US president set to announce ‘full and comprehensive’ trade deal between UK and US with Starmer due to make statement

The Liberal Democrats treasury spokesperson Daisy Cooper has reiterated the party’s position that any trade deal with the US should be put to parliament for approval before being ratified, saying Labour “should not be afraid” of a vote if they are confident a deal is in the country’s best interests.

Cooper, the MP for St Albans, said in a statement:

Parliament must be given a vote on this US trade deal so it can be properly scrutinised.

A good trade deal with the US could bring huge benefits, but Liberal Democrats are deeply concerned that it may include measures that threaten our NHS, undermine our farmers or give tax cuts to US tech billionaires.

If it’s correct, and you know, whilst we haven’t been named publicly, it does sound like something’s happening, nevertheless, it would be wholly speculative [to comment].

As you appreciate and know full well, with any deal like that, the devil is in the detail. What is the nitty gritty? What does it mean for individual sectors and so on.

I think if we don’t know at all what’s in it, or even if it’ll definitely happen, I think to try and sort of pre-judge what might or might not be in is not something I’m going to get into respectfully. I totally understand why you’re asking that. I think it’s an incredibly important issue, particularly with the wider challenge of tariffs and so on. I’m a big free trader. Our party wants us to see the UK growing by striking trade deals. But I just think you’ve got to wait and see, because who knows, quite frankly.

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Starmer and Trump to announce UK-US trade deal

Leaders to hold separate press conferences revealing first trade agreement by White House since global tariffs move

The UK and US are poised to announce a trade agreement, the first by the White House since Donald Trump announced his sweeping global tariffs.

Trump said it was “a very big and exciting day” for both countries before a press conference in the Oval Office on Thursday. Keir Starmer is planning to deliver his own press conference at around the same time.

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Has UK-India trade deal ‘sold out British workers’ as Farage and Badenoch claim?

Row over exemption of national insurance contributions for Indian short-term workers overshadows deal

A multibillion-pound free trade agreement with India has long been touted as a big Brexit boon.

Cheaper clothes and shoes for British shoppers, a huge market for scotch whisky producers and luxury carmakers, and billions of pounds worth of extra trade are among the benefits of the agreement, which was finalised this week.

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UK and India agree ‘landmark’ trade deal after three years of negotiations

Deal could help UK industries hit by Trump tariffs, as ministers say it will add £4.8bn a year to economy by 2040

Britain and India have agreed a long-desired trade deal that ministers said would cut tariffs and add £4.8bn a year to the UK economy by 2040.

The agreement, which was finalised on Tuesday after more than three years of negotiations under successive governments, has long been touted as one of the biggest prizes of Brexit.

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Starmer beats Trump to the line in race for trade deal with India

India has made concessions in trade negotiations, leaving UK heralding deal as ‘most significant’ since Brexit

It is not exactly the deepest and most comprehensive trade deal the UK has ever entered, but the timing of the announcement that Keir Starmer has clinched a free trade deal with India could not be more fortunate.

Over the weekend, the US president, Donald Trump, hinted he was on the verge of announcing his first trade deal, prompting speculation it could be with Japan, South Korea or India.

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