Trump Tariffs on UK Would Be ‘Manageable,’ Economists Say

President-elect Donald Trump’s threat to slap a universal tariff of up to 20% on all goods exported to the US would be “unwelcome but manageable” for the UK, according to analysis from Bloomberg Economics.

The majority of UK sales to the US are services, meaning they would be largely unaffected by a tariff on goods. Even if Trump pushed ahead with proposals to impose a 60% tariff on goods from China, and trading partners around the world retaliated in kind, the disruption would likely only cause a 0.2% hit to the UK economy by 2028, economist Dan Hanson ...