Donald Trump’s 10 per cent tariffs on the UK could have a damaging impact on Britain’s economy and potentially tip it into recession, economists believe.
The US president threatened to increase the tariff to 25 per cent from 1 June, until a deal is reached to buy Greenland from Denmark. It applies to the UK, Denmark, Norway, Sweden, France, Germany, the Netherlands and Finland. The countries released a statement underlining their solidarity with Denmark.
