UK economy at risk of higher inflation and slower growth due to Trump tariffs Economics During the election campaign, Trump threatened to increase tariffs on foreign imports by between 10-20 per cent while also placing 60 per cent tariffs on Chinese goods.
What Trump’s victory means for UK markets Opinion Donald Trump and the Republicans have had a stunning victory in the US elections. Now is the time to dissect what it means for the UK. The win for Trump brings the issue of tariffs front and centre. One of Trump’s main campaign pledges was to impose tariffs on imports. China is likely to face [...]