At times like these, any port in a storm will do. In the modelling and role-playing currently underway around the globe, the UK suffers in Donald Trump’s trade war, like everyone else. But, cross fingers and toes, things might turn out to not be so bad here as elsewhere.
The reasons for this are laced with irony. Britain is not in the EU any more, thanks to Brexit, so the hit from the White House is reduced. They’re being clobbered with 20 per cent, the British penalty is 10 per cent. That is a sizeable difference.