Trump’s tariffs: How will it hit me in my pocket and shopping trolley?
- Donald Trump has announced a plan to impose a 20% tariff on the European Union, which may lead to higher prices for U.S. Consumers as businesses pass on costs.
- Economic experts predict that tariffs could increase inflation, affecting European markets and could lead to increased borrowing costs for consumers.
- John Swinney emphasized support for Scottish industry amid concerns that tariffs could harm them financially and lead to reduced economic growth.
- Analysts have warned of a high risk of a recession in the U.S., suggesting significant economic repercussions from the tariffs.
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Total News Sources6
Leaning Left4Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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