Keir Starmer Gives Donald Trump Veto Power on Chinese Investment in Britain

Government officials indicate that Donald Trump has been granted what amounts to a veto over Chinese investments in Britain.

This follows an agreement reached between the White House and Westminster aimed at removing several scheduled tariffs between their respective countries.

Sir Keir Starmer commended the agreement, stating that the "landmark" pact would preserve numerous employment opportunities. Meanwhile, President Trump remarked that "everyone gains" from this accord, emphasizing it as "a significant and thrilling moment."

Nevertheless, according to the deal’s conditions, the US will retain the right to raise objections against Chinese firms investing in the UK, as reported by The Telegraph.

A person involved in the discussions indicated that this provision was essentially a "kind of veto" for the U.S. regarding significant Chinese investments.

Dame Priti Patel, who serves as the shadow foreign secretary, criticized the action, stating that Labour allowed Trump complete control over investment choices in the UK.

She told The Telegraph that Keir Starmer has already granted Trump a larger UK tariff reduction than the one Trump has provided for him.

It now appears as though he has essentially given America the power to veto investment choices in the UK. Whenever Labour negotiates, Britain ends up losing out. The U.S. has instructed Keir Starmer to leap, and his response was, ‘how high?’

Nevertheless, Treasury Darren Jones debunked the story as "utterly baseless," stating he had no clue about the origin of the remark.

"It appears this was a critique from the Conservative Party. However, as you pointed out, we haven’t released all of the documents yet, so I am uncertain about how they managed to formulate that opinion," he stated during his appearance on Times Radio.

I can assure you categorically that there is no provision for a veto on Chinese investments within this trade agreement; this deal does not revolve around such matters.

This is a sector-specific trade agreement concerning duties in important industries, as we have discussed recently. Therefore, I recommend that members of the Conservative Party review the documentation and perhaps take another look at it.

WATCH: Andrew Griffiths discusses the US trade agreement with GB News

Andrew Griffith, who serves as Shadow Business Secretary, has lambasted the recently unveiled US-UK trade pact, asserting that it fails to measure up to what would be considered a full-fledged free trade agreement.

Griffith stated: “Tariffs tend to be detrimental overall. They diminish international economic transactions, which are crucial for expanding economies and have indeed raised millions of individuals worldwide from poverty.”

Today, we are still dealing with increased tariffs compared to what they were two months ago. Naturally, it's great news when an industry such as automotive, which excels in manufacturing within the UK, sees its tariffs reduced.

Let's make it perfectly clear what has occurred: they're simply being reduced to the 10 percent tariff level, which is the same rate imposed on products from everywhere else globally and throughout the remainder of the UK economy. Thus, we remain in a more unfavorable position compared to where we began.