From Ed Davey MP - Liberal Democrats <[email protected]>
Subject How to Trump-proof our economy
Date January 16, 2025 4:03 PM
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Liberal Democrats Today I’m calling for a brand-new deal with the EU, with a
Customs Union by 2030 at the latest



<[link removed]>



Dear John,

On Monday, Donald Trump will be sworn in again as President of the United
States.

In his first term, Trump withdrew the US from the Paris Climate Agreement and
the UN Human Rights Council. He has praised Putin’s invasion of Ukraine as
“genius”, and said he would encourage Russia to do “whatever the hell they
want” to NATO allies. He’s even refused to rule out invading a NATO ally
himself.

And he’s threatening to plunge the world into a trade war. He proudly calls
himself “tariff man”.

So let’s not kid ourselves. The incoming Trump Administration is a threat to
peace and prosperity in the UK, across Europe, and around the world.

For the next four years, the UK cannot depend on the President of the United
States to be a reliable partner on security, defence or the economy.

So how do we deal with Donald Trump? We need to do it from a position of
strength.

And that means urgently strengthening our relationships with the UK’s other
partners – most importantly our European neighbours, whose economic and
security interests are so closely intertwined with ours.

That is why, today, I am calling on the Government to negotiate this year a
brand-new deal with the EU.

Not just tinkering around the edges of the Conservatives’ botched Brexit
deal, but agreeing a better deal for Britain.A deal to form a new UK-EU Customs
Union by 2030 at the latest.

This will help to deliver on the roadmap we have already set out to fix our
broken relationship – renewing the ties of trust and friendship so that we can
apply to join the Single Market when the time is right and one day get the UK
back in the heart of Europe.

But an agreement to work towards a Customs Union will also unlock big benefits
now. We can start tearing down the Conservatives’ damaging trade barriers this
year. Ripping up the expensive red tape that is holding back British firms from
selling into Europe, costing our economy billions in lost exports.

That is how we can protect our economy from whatever Trump decides to do.
It’s how we can deal with him from a position of strength, not weakness. And –
most importantly – it’s how we can turbocharge our economy in the medium and
long term.



Yet again, the Liberal Democrats are leading the way with ambitious plans to
grow our economy and restore Britain’s positive role on the world stage. So
join us, and let’s make it happen.



Join us ➜ <[link removed]>



Thank you,





Ed Davey MP
Leader of the Liberal Democrats
(he/him)



P.S. You can watch or read my full speech here
<[link removed]>.





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