US-China trade war could hit UK exports by $10.7bn in two years

Thursday November 14 2024, 4.40pm GMT, The Times

However, Capital Economics says UK economy would not be that exposed to Trump tariffs, given trade between the UK and the US in goods is broadly balanced. Tom Saunders, Business reporter

China Economics There would be a 1.2 percentage point hit to US growth in 2025-26, with inflation increasing by 0.6 of a percentage point, if Trump enacts the highest level of tariffs, Allianz Trade has forecast

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