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Evening Standard
Evening Standard
Politics
Nicholas Cecil

Tax rises 'on the cards' as UK hit by Trump's tariffs exploding into all-out trade war with China

Tax rises are “on the cards” as Britain’s economy is hit by Donald Trump’s tariffs trade war, says one of Britain’s most respected Whitehall experts.

Former Cabinet Secretary Lord O’Donnell also stressed that London and the South East would escape the full brunt of the US import levies impacting on the Midlands and North, where there is more manufacturing and car plants.

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