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Evening Standard

Politics

Anna Wise

Trump tariffs could worsen UK job cuts but consumers may be spared, say experts

United Kingdom Donald Trump United States OECD

Trump tariffs could worsen UK job cuts but consumers may be spared, experts say (Owen Humphreys/PA) - (PA Archive)

UK consumers could be spared from price rises following Donald Trump’s tariffs but job cuts could worsen for some of the hardest-hit firms, experts say.

Mr Trump has imposed tariffs on UK aluminium and steel, and carmakers exporting to the US, in a bid to boost American production and protect home-grown manufacturers.

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