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How could Trump's tariffs affect the UK?
Donald Trump has been unclear about whether he will impose tariffs on the UK but economists warn there are still ways Britain could be negatively affected by the president's wider trade policies even if it avoids being hit directly. The impact could be felt through slower growth in some of the UK's important trading partners. Industrial exports could be diverted from the US and flood the UK market and there could be impacts on our financial markets, including a possible increase to borrowing costs. Asked about future tariffs, Trump told the BBC on Sunday night: "The UK is way out of line but I'm sure that one… I ... (full story)
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- Posted: Feb 4, 2025 1:13am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,766
