Business Secretary to replace MPs on UK response to Trump’s tariffs | Watch Business Live
Join us reside as we focus on the influence of Donald Trump’s sweeping international tariffs that threaten to ignite an unprecedented commerce warfare.
The scale of Trump’s actions threatens to drive up costs within the US and trigger chaos within the international financial system.
His checklist included 10% tariffs on items coming into the US from the UK in response to the UK’s 20% VAT.
As 10% is Trump’s baseline tariffs fee, the UK is seen to have come out of this higher than most.
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