Trump's Trade Tariffs May Benefit UK

Analysts suggest that proposed trade tariffs by President-elect Trump could benefit the UK through potential exemptions and economic recovery, leveraging the 'special relationship' with the US.


The proposed trade-offs suggested by selected President Donald Trump may be beneficial for the United Kingdom. Analysts indicate the possibility of receiving exemptions, stimulating the economy, and reviving trade negotiations. A senior economist at UPS in the USA, Jonathan Bingle, stated in an interview with CNBC on Tuesday: "The advantage for the United Kingdom lies in the fact that it is relying on an exemption from one of the most stringent proposed tariffs."

Britain hopes that "special relations" linking it to the United States, plus Trump's support for exiting the European Union, will lead to exemptions from proposed tariffs. Nonetheless, analysts believe that the primary motivation for Trump will be purely economic.

Citation: "The advantage for the United Kingdom lies in the fact that it is relying on an exemption from one of the most stringent proposed tariffs." (Jonathan Bingle, UPS economist)