Connect with us

Published

on

If you want a very visual representation of the challenges of transatlantic diplomacy in 2025, look no further than Oslo City Hall.

Its marbled mural-clad walls played home to a European military summit on Friday.

In December – as it does every year – it will host the Nobel Peace Prize ceremony. It’s an award Donald Trump has said he deserves to win.

But while the leaders gathering in the Norwegian capital may not say it publicly, they all have a very different perspective to the US president on how to win the peace – particularly when it comes to Ukraine.

Sir Keir Starmer at a summit in Oslo. Pic: PA
Image:
Sir Keir Starmer at a summit in Oslo. Pic: PA

So far, Sir Keir Starmer has managed to paper over these foreign policy gaps between the US and Europe with warm words and niceties.

But squaring the two sides off on trade may be more difficult.

The US-UK deal announced on Thursday contained no obvious red flags that could scupper deeper trade links with the EU.

Please use Chrome browser for a more accessible video player

PM defends UK-US trade deal

However, that’s in part because it was more a reaction and remedy to Mr Trump’s tariff regime than a proactive attempt to meld the two countries together.

Laced with party-political venom, yes, but the Tory leader Kemi Badenoch is getting at something when she says this agreement is “not even a trade deal, it’s a tariff deal and we are in a worse position now than we were six weeks ago”.

There may be more to come though.

Please use Chrome browser for a more accessible video player

How good is the UK-US deal?

The government will talk up the possible benefits, but there are risks too.

Take the Digital Services Tax – much hated by the Trump White House as an unfair levy on US tech firms.

Despite the apparent pitch-rolling from the government, that was left untouched this week.

But asked to rule out changes in the future, the prime minister was non-committal, simply saying the current deal “doesn’t cover that”.

Read more:
Key details of UK-US trade deal
Not the broad trade deal of Brexiteer dreams – analysis

For trade expert David Henig, the potential flashpoints in the transatlantic Venn diagram Downing Street is trying to draw around food standards, digital regulation and services.

“It is a tricky balancing act, at this stage it looks like the UK will go more with the EU on goods regulations, but perhaps a little bit more with the US on services regulations,” he said.

For veterans of the post-2016 Brexit battles, this may all sound like Labour embracing the Boris Johnson-era mantra of “cakeism” – or trying to have it both ways.

👉 Click here to listen to Electoral Dysfunction on your podcast app 👈

It’s ironic indeed, given Sir Keir is a politician who supported the Remain campaign and then called for a second referendum.

But what matters now is what works – not for Downing Street but for the swathes of voters who have abandoned Labour since they took office.

That’s why the prime minister was once again trying to humanise this week’s trade deals.

These are agreements, he said, that would be measured in the “many thousands of jobs” they would safeguard across the country.

That’s the real challenge now, taking the work done in the marbled halls of the world’s capitals and convincing people at home why it matters to them.

Continue Reading

Politics

Half of Tory members do not want Kemi Badenoch to lead party into next election, says poll

Published

on

By

Half of Tory members do not want Kemi Badenoch to lead party into next election, says poll

Half of all Conservative members think Kemi Badenoch should not lead the party into the next election, according to an exclusive Sky News Tory members poll.

The YouGov poll found 46% think the current Tory leader should stay in place when the country next goes to the polls, while 50% say she should not.

Tory members are split as to whether she will make it that far. A total of 49% think she will be out before the election, compared with 47% who think she’ll still be in place.

Politics latest: Tories pledge to abolish business rates for high street shops and pubs

The Tory leader will hope that this week’s conference in Manchester will steady her leadership.

But asked who they would prefer as leader of the Conservative Party, 46% of Tory members picked Robert Jenrick, comfortably ahead of the 39% who said Ms Badenoch. In all, 11% said neither and 4% don’t know.

The poll of 652 Conservative members was taken between 26 September and 2 October.

More on Conservatives

Having lost to Ms Badenoch a year ago, Mr Jenrick is now comfortably the members’ favourite, and would beat Boris Johnson, James Cleverly and Priti Patel. Badenoch would narrowly beat Johnson if they went head to head.

Read more:
Badenoch praises Thatcher but faces fight with grandees
Active plot against Kemi Badenoch at party conference

Ms Badenoch rejects any kind of electoral pact with Reform UK at the next election, but this is out of step with Tory members.

The poll finds 64% support an electoral pact, meaning Reform and the Tories would not stand candidates against each other in target seats, while 31% do not.

Almost half of Tory members – 46% – would support a full blown merger with Reform UK, against 48% who would oppose a merger.

Party members are very clear that in a hung parliament, they would not want to see Tory MPs putting a Labour prime minister back in Number 10.

Tory members oppose a coalition with Labour by 93% to 6%. However 73% would welcome a coalition with Reform UK in a hung parliament, with 25% against.

Continue Reading

Politics

Sanctioned A7A5 becomes largest non-US dollar stablecoin: Data

Published

on

By

Sanctioned A7A5 becomes largest non-US dollar stablecoin: Data

Sanctioned A7A5 becomes largest non-US dollar stablecoin: Data

Despite sanctions and scrutiny, the ruble-backed A7A5 stablecoin surged 250% in a day to reach a $500 million market cap, overtaking all non-US dollar rivals.

Continue Reading

Politics

Grayscale launches first US staking-enabled spot crypto ETPs

Published

on

By

Grayscale launches first US staking-enabled spot crypto ETPs

Grayscale launches first US staking-enabled spot crypto ETPs

Grayscale has launched the first US spot crypto ETPs with staking for Ethereum and Solana, letting users earn rewards through brokerage accounts.

Continue Reading

Trending