UK PM Starmer says he is determined to keep relations with the US strong; UK-US are close allies

Starmer's comments underscore the UK's commitment to maintaining strong ties with the US amid a backdrop of security concerns in regions like Greenland.

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  • On Greenland, says security in the region does matter.
  • Any decision related to Greenland, belongs to the people of the country.
  • The US will be central to that effort.
  • Pushes back on the use of tariffs; "it is completely wrong". Tariffs are not the right way ahead.
  • European countries need to spend more on defence.
  • Doesn't think Trump is considering military action in Greenland.
Context

His rejection of tariffs suggests a preference for diplomatic solutions, which could stabilize trade relations and foster collaboration on defense spending across Europe. This environment may favor risk assets, while any signs of discord could lead to market volatility, particularly in currencies and commodities tied to geopolitical developments.

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