US President-elect Donald Trump could wipe off nearly 1% from the size of the UK economy if he puts in place tariffs on imports to the US as planned, experts have warned.
Economists at the Centre for Economics and Business Research (CEBR) said a 20% tariff on all imports and a move to raise tariffs on Chinese goods to 60% could reduce UK gross domestic product (GDP) by 0.9% by the end of Mr Trump’s administration.
