Published 9 days ago • loading... • Updated 7 days ago

UK waiting to see if Trump follows through with tariffs plan

The UK Government is waiting to see if Donald Trump's announced tariffs will take effect, according to a senior minister.
Chancellor of the Duchy of Lancaster Pat McFadden stated it's important not to overreact and to assess the impact of Trump's tariffs.
The British Chambers of Commerce warned that the tariffs could create more cost and uncertainty for investors, businesses, and consumers across the world.
Economists predict that Trump's tariffs could lead to a £24 billion drop in the British economy if imposed.

Insights by Ground AI

Does this summary seem wrong?

10 Articles

All

Left

Center

Right

Daily Express

Donald Trump's tariff war leaves UK 'dangerously exposed'

Donald Trump has threatened to impose 25% tariffs on steel and aluminium imported into the US.

7 days ago·United Kingdom

Read Full Article

Firstpost News

Tariffs, layoffs and policy upheavals: Trump’s turbulent first month in office

In his first month of a second term, President Donald Trump has swiftly reshaped US policies, empowering Elon Musk to overhaul federal agencies while imposing tariffs and dismantling social programs. Amid mass firings and court battles, Trump’s moves spark inflation concerns and international backlash.

8 days ago·Mumbai, India

Read Full Article

Bloomberg

Trump’s Latest Tariff Plan Threatens UK With £16 Billion Hit

Donald Trump’s latest plan to slap tariffs on US imports based on sales taxes in their country of origin could shave £16 billion ($20 billion) off UK economic output over the next two years, in what would be a blow to Prime Minister Keir Starmer’s promise to fire up growth.

9 days ago·United States

Read Full Article

BBC News

Trump tariff VAT threat raises prospects of hit to UK

The surprise inclusion of VAT to calculate tariffs prompts questions over the possible impact on British businesses.

9 days ago·United Kingdom

Read Full Article

Sky News UK

UK waiting to see if Trump follows through with tariffs plan

Donald Trump's latest plan for tariffs includes taking into account the sales tax levied on US goods around the world. According to one analysis, this leaves the UK as one of the most exposed nations.

9 days ago·United Kingdom

Read Full Article