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UK, Trump

Trump steel tariffs negative for UK and US, says Reynolds

Imposing US tariffs on UK steel would be "negative" for both countries, the business secretary has said. Jonathan Reynolds told the BBC the UK and US have a "mutual interest" in negotiating an exemption from President Donald Trump's plans for the 25% import tax, which could come into force in March.

Bloomberg L.P. · 59m

Trump Wants More 25% Tariffs, UK Inflation Overshoots, More

Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business stories around the world.

Reuters · 5d

Under threat of Trump tariffs, UK posts rare goods trade deficit with US

Britain entered a rare deficit in its goods trade with the United States at the end of last year, according to data published on Thursday that London will hope bolsters its case against the imposition of new tariffs by President Donald Trump.

Trump considers 25% tariff on imported cars

Daily Express · 2d

Donald Trump's tariff war leaves UK 'dangerously exposed'

The Government has been accused of leaving the UK’s steel industry “dangerously exposed” to Donald Trump 's tariffs. The US President’s planned tariffs on imports of UK steel will cause damage on both sides of the Atlantic, Business Secretary Jonathan Reynolds said.

The Financial Times · 7h

Donald Trump considers 25% tariff on imported cars

Donald Trump is considering imposing tariffs of about 25 per cent on imports of cars, drugs and chips into the US as he teased the next steps of a rapidly escalating trade war. The US president said on Tuesday that he was weighing tariffs “in the neighbourhood” of 25 per cent on automotive imports and at least that level on pharmaceutical products and semiconductors.

CBS News on MSN · 8h

Trump says he may impose auto tariffs of around 25%

President Trump said Tuesday that he could impose hefty tariffs on automobile imports, but said he would have more to say in early April. "I probably will tell you that on April 2, but it'll be in the neighborhood of 25%,

Anadolu Ajansi2d

UK warns US steel tariffs to harm both countries as trade talks continue

Imposing tariffs on UK steel 'would be negative for ourselves, it would be negative for the US as well,' says Business ...

2don MSN

UK accelerates major steel industry consultation in response to US tariffs

Britain published a major consultation for its steel industry on Sunday, weeks ahead of schedule due to President Donald ...

The Independent9d

As Trump threatens tariffs, is the US or EU the more valuable for UK trade?

Yet as Mr Trump wields the threat of tariffs on UK exports, just how high is the UK’s dependence on the US? The latest trade figures (year up to November 2024) show that UK goods trade with ...

EconoTimes2d

UK Steel Industry Faces Challenges Amid New US Tariffs

The UK government has fast-tracked its steel industry consultation after former US President Donald Trump announced new 25% ...

Anadolu Ajansi4d

UK economy faces potential trade war with US over new reciprocal tariff plans

UK government should avoid 'tit-for-tat' trade war and instead focus on diplomatic negotiations, says British Chambers of ...

3don MSN

How does a VAT work? Here’s why Europe’s consumption tax has Trump vowing reciprocal tariffs

While a sales tax is paid in full by the consumer at the point of sale, a value-added tax is collected as the product moves ...

2don MSN

Trump talks tough on tariffs as world awaits the pain

President Donald Trump has upended worlds of business and foreign relations with a series of tariff announcements during his ...

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