‘It could’ve been much worse’: how UK avoided a bigger blow from Trump tariffs

No 10 has been criticised for ‘sucking up’ to Donald Trump, but believes its defensive strategy has been vindicatedAmerica’s Brexit? Trump’s historic gamble on tariffs has been decades in the makingWhen Jonathan Reynolds gathered with officials around the large television screen in his office to watch Donald Trump unleash his global trade war, he knew little more than anyone else about what was to come.It was Wednesday night and the US president was about to upend a century of global trade with the imposition of sweeping taxes on US imports from around the world. Continue reading...

Apr 5, 2025 - 09:16
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‘It could’ve been much worse’: how UK avoided a bigger blow from Trump tariffs

No 10 has been criticised for ‘sucking up’ to Donald Trump, but believes its defensive strategy has been vindicated

When Jonathan Reynolds gathered with officials around the large television screen in his office to watch Donald Trump unleash his global trade war, he knew little more than anyone else about what was to come.

It was Wednesday night and the US president was about to upend a century of global trade with the imposition of sweeping taxes on US imports from around the world. Continue reading...