A good starting point would be publicly declaring that they are prepared to take action against the EU if Northern Ireland is damaged by its retaliation against the USA.
While we still await further details on the tariff announcements and how exactly they will affect us, this is not the time to sit idly spectating.
Firstly, as we navigate this uncertain territory, the focus must be on protecting Northern Ireland’s businesses and people. I hear Sinn Fein’s Economy Minister talking about “protecting the all-island economy.” What does that even mean? Does she want Northern Ireland exporters to pay 100% more by mirroring the EU tariff?
We will be engaging with both the Government and key industries to assess the impact of this announcement and, as I said during Prime Minister’s Questions, it is crucial that the Prime Minister works to mitigate the strain the Protocol places on Northern Ireland, especially in the event of retaliation by the EU that exposes the nonsensicality of this corner of the UK being placed in such a vulnerable position.
Secondly, the Government failed to undo the growth discouraging budget changes which are taxing businesses to death. Our own Government must urgently rethink its approach by removing the additional £1k per employee National Insurance hike which will stifle recruitment and growth.
Thirdly, Northern Ireland’s agri-food sector is at the core of our economy. This trade uncertainty brings a sharp focus for us all on the importance of food security for the U.K.
With billions of pounds worth of imported agri-food produce feeding the U.K. every year, it is high time the Government grew the agri-food sector. Not just because the sector needs support but in an unstable world, the U.K. needs to have a secure supply of good food to feed our nation. That means getting rid of the death tax on family farms. This Government needs to be rewarding farms not robbing them.