Trump tariffs could cost UK £22bn of exports

Quick Summary:

The UK could face a £22bn hit to its exports if Donald Trump carries out his tariff threats, researchers say.

Alternatively the UK could join with other Western and European allies to send a clear message to Trump and the US Congress that American exporters would also be badly hit by such policies.

The UK might be in a position to have to choose whether to try to cut a side deal with the Trump White House to avoid tariffs.

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Article Details

Category: Business

Markets: United KingdomChinaUnited States

Topics: Trade Exports Tariffs Imports Trump Sectors Allies World Fall

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 19:06:58 (5 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 586 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 23576487

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 8 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

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Publication Timezone: GMT +0:00

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Publisher ID: #43

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