Labour Won’t Pander to Erratic Trump

Britain won’t kowtow to Donald Trump in its foreign policy if Labour wins the June 8 general election, party leader Jeremy Corbyn will say, taking a swipe at Prime Minister Theresa May on Friday for her overtures to the U.S. president.

“Waiting to see which way the wind blows in Washington isn’t strong leadership,” Corbyn will say in a speech at the foreign policy think tank Chatham House in London, according to remarks emailed by his party. “Pandering to an erratic Trump administration will not deliver stability. Britain deserves better than simply outsourcing our country’s security and prosperity to the whims of the Trump White House.”

May has sought to forge strong ties with Trump, becoming the first foreign leader to visit him shortly after he took office, and signaling to journalists that “sometimes opposites attract.” She secured Trump’s commitment to NATO and to forging a new trade deal with the U.K., and even held the president’s hand during her visit to the White House. Since then, she’s also indicated support for U.S. military action in Syria.

Bloomberg

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Former Craig

Former Craig

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.