Trump's Import Tariffs Could Cost UK $3Bln Annually - Reports

NAMPA / Sputnik
2025-01-13
MOSCOW, January 13 (Sputnik) - UK industry could incur an estimated annual cost of $3 billion due to proposed tariffs by US President-elect Donald Trump, The Telegraph reported on Monday, citing an analysis by the Boston Consulting Group research company. The proposed 20% tax on goods imported into the US is expected to hit sectors such as cars, aerospace, pharmaceuticals and machinery the hardest, the UK newspaper reported. Trump has announced p......
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