Whitehall planning over US tariff fears
Manchester Evening News|November 11, 2024
WHITEHALL officials will be "considering lots of different scenarios", a Treasury minister has confirmed, amid concerns about the possible impact of tariffs under the incoming Trump presidency.
Whitehall planning over US tariff fears

Chief Secretary to the Treasury Darren Jones said that Donald Trump recognises the important relationship between the UK and America. But there are fears about the potential impact on the UK economy should the US president-elect introduce tariffs as he has previously suggested.

Mr Trump said before his victory he would raise tariffs on Chinese goods to 60% and impose a "universal" tax of at least 10% on imports from other countries.

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