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The Independent UK
The Independent UK
Business
Christopher McKeon

Government faces VAT challenge as Trump announces more tariffs

Donald Trump Pat McFadden United States William Bain BCC United Kingdom White House
Donald Trump has threatened to impose ‘reciprocal tariffs’ on other countries as he continued to pursue a trade war (Ben Curtis/AP) - (AP)

The Government faces questions on how it will respond to US President Donald Trump’s latest trade announcement, which threatens to impose tariffs as a retaliation for charging VAT on US goods.

Mr Trump announced on Thursday that he would impose “reciprocal tariffs” on all other countries, charging the same amount as levies imposed on American exports, claiming it was “fair to all”.

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