Trump’s 10% tariffs on UK come into effect as Starmer weighs response – live
Trump’s baseline 10% tariff on all imports from many countries has begun, with higher levies on 57 trading partners to start next week‘It could’ve been much worse’: how UK avoided a bigger blow from Trump tariffs“This is the single biggest trade action of our lifetime,” said Kelly Ann Shaw, a trade lawyer at Hogan Lovells and former White House trade adviser during Donald Trump’s first term.According to Reuters, Shaw told a Brookings Institution event on Thursday that she expected the tariffs to evolve over time as countries sought to negotiate lower rates. “But this is huge. This is a pretty seismic and significant shift in the way that we trade with every country on Earth.” Continue reading...
Trump’s baseline 10% tariff on all imports from many countries has begun, with higher levies on 57 trading partners to start next week
“This is the single biggest trade action of our lifetime,” said Kelly Ann Shaw, a trade lawyer at Hogan Lovells and former White House trade adviser during Donald Trump’s first term.
According to Reuters, Shaw told a Brookings Institution event on Thursday that she expected the tariffs to evolve over time as countries sought to negotiate lower rates. “But this is huge. This is a pretty seismic and significant shift in the way that we trade with every country on Earth.” Continue reading...
