The United Kingdom’s top finance minister is urging restraint as President Donald Trump ramps up a trade war with sweeping tariffs on foreign cars, warning that escalating tensions could hurt consumers and British exporters, The Hill reported.

Rachel Reeves, Britain’s chancellor of the exchequer, said the U.K. does not want to exacerbate trade tensions with the United States following President Donald Trump’s announcement of a 25 percent tariff on foreign-made cars and auto parts.

“We’re not at the moment in a position where we want to do anything to escalate these trade wars. Trade wars are no good for anyone,” Reeves said in an interview on Sky News.

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