Tariffs and Trade Tensions

This chapter explores the recent imposition of significant tariffs by the U.S., including a universal 10% tariff and a reciprocal tariff aimed at unfair trade practices. It highlights concerns about potential global economic repercussions, including retaliation from affected countries and escalating trade tensions. The discussion also examines the implications for the UK post-Brexit, the challenges of onshoring supply chains, and the broader economic landscape as elections approach.

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