World leaders bickering, share prices dropping, companies fretting. On the other side of the Atlantic, President Trump’s vows to bring in tariffs for multiple countries exporting to the US – plus his stepping back from them at the last moment in some cases – has plenty of people wondering what it might mean on these shores.
UK companies won’t be exempt from the possible carnage, though of course who and how they will be affected will depend on their types of business: those who export to the US could face higher charges immediately, while those who buy in parts or raw materials might also be concerned if the UK takes China’s route and opts for retaliatory tariffs, too.
