welcome
BBC

BBC

World

World

Trump tariff VAT threat raises prospects of hit to UK

BBC
Summary
Nutrition label

81% Informative

Trump has instructed staff to develop custom "reciprocal tariffs" - charging the same amount as levies imposed on American exports.

UK 's trading relationship with US suggested it would be less exposed to tariffs than others.

Analysts have suggested tariffs of 20% or more could be placed on the UK as well as the European Union .