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Donald Trump imposes 25% tariffs on car imports dealing new blow to UK and global economy

The move came only hours after Britain’s budget watchdog warned Trump’s threatened tariffs on the UK could force Chancellor Rachel Reeves to raise taxes or cut spending



Donald Trump imposed 25% tariffs on car imports, a move that the UK's car industry says will harm both UK and US manufacturers and consumers. The tariffs, impacting £6.4 billion worth of UK car exports to the US, prompted fears of a global trade war and warnings from Britain's budget watchdog that the UK may need to raise taxes or cut spending. Other countries have also criticised the tariffs.

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