In
a move that would make a toddler proud, Reeves has tried to dodge
accountability for the 0.1% fall in GDP by pointing across the Atlantic. “The world has changed,”
she whined during a Scotland visit, hinting that Trump’s January 2025
inauguration and his promised tariffs—particularly a 25% levy on steel
imports—are somehow tanking the UK economy.
This is nonsense on stilts.
Trump’s tariffs, while a potential future headache, have barely kicked
in by January. The UK’s steel exports to the US accounted for just 5% of
the total in 2023, hardly a linchpin of GDP.
The NIESR think tank estimates a mere 0.2% GDP hit in the first year of tariffs—nothing to justify January’s flop.
Reeves’
Trump excuse is a desperate pivot from her earlier “blame the Tories”
playbook. It’s as if she’s rifling through a Rolodex of scapegoats,
hoping one sticks.
Newsflash, Rachel: the economy didn’t shrink because
of a guy in Washington—it shrank because your budget kneecapped British
businesses. The FTSE 100’s 0.3% bounce today despite the GDP figures
shows markets aren’t buying your sob story either. Maybe it’s time to
stop finger-pointing and start owning the mess you’ve made!
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