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Trump tariffs could cost UK £22bn of exports

Source: BBC

The UK could face a £22bn hit to its exports if Donald Trump imposes a blanket 20% tariff on all imports into the US, according to a new analysis.UK exports to the world could fall more than 2.6% due to lower trade with the US and knock-on effects globally, economists at the University of Sussex's Centre for Inclusive Trade Policy (CITP) said.This fall could happen if the President-elect went through with his…

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