Trump tariff VAT threat raises prospects of hit to UK
Source: BBC
Michael RaceBusiness reporter, BBC NewsGetty ImagesConcerns are growing the UK could be hit with higher US trade taxes after President Donald Trump announced he would target VAT in his latest move.Trump has instructed his staff to develop custom "reciprocal tariffs" - charging the same amount as levies imposed on American exports - for each country.The UK's trading relationship with US had suggested it would be…
This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.
Read the original source at BBC