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Anna Wise

Santander boss warns of escalating trade tensions after US tariffs

Santander United States Ana Botin Donald Trump

Santander grew the number of customers it banks with in the first three months of the year (Laura Lean/PA) - (PA Archive)

Santander has said it is monitoring the fallout of US tariff announcements and helping its customers through the “volatility” as the financial markets continue to be rocked by President Donald Trump’s plans.

The Spanish bank flagged heightened geopolitical uncertainty and market turbulence in the first few months of 2025.

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