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Home World Europe

Trump risks ‘really damaging impact’ on global economy with tariffs, Cooper warns

2 February 2025
in Europe
Trump risks ‘really damaging impact’ on global economy with tariffs, Cooper warns
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Yvette Cooper has warned that Donald Trump’s pursuit of tariffs against the US’s closest neighbors could have a damaging impact on the global economy, as the president imposes levies on goods from Mexico, Canada, and China. The UK government aims to break down trade barriers, not put them up, amidst fears of a global trade war that could escalate the cost of living. If the US targets the UK with tariffs, the government is prepared for all eventualities, including retaliatory measures targeting symbolic US products, similar to actions taken during trade wars in Mr. Trump’s first term.

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Tags: CooperdamagingEconomyglobalImpactRisksTariffsTrumpWarns
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