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How Trump’s tariffs will hit the UK economy

  • President Trump unveiled tariffs impacting countries worldwide, including the UK, leading to economic concerns.
  • Trump aims to incentivize companies to establish operations within the US, reducing tariff burdens.
  • UK exports to the US now face at least a 10% charge, potentially increasing shelf prices.
  • Some firms quote, "We've got fewer orders than normal," reflecting uncertainty and reduced demand.
  • Economists anticipate inflation and global leaders are responding to the tariffs, while the UK government may act.
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Gloucestershire LiveGloucestershire Live
+3 Reposted by 3 other sources
Center

Trump's tariffs on the UK can be an opportunity - Have your say

The US president's announcement has sent global markets into a spiral

·Gloucester, United Kingdom
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Financial Times broke the news in London, United Kingdom on Thursday, April 3, 2025.
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