If President Trump’s latest tariff threats were actually implemented, they would add to the existing pain for UK car and pharmaceutical manufacturers and in a worse-case scenario could reduce UK GDP by 0.30-0.75%. The long-term political and geopolitical consequences would be much greater. One could be that the UK is nudged closer to the EU, at least when it comes to trade in goods.
We are hosting a 20-minute online briefing to discuss the "Greenland Crisis" at 11am GMT today. (Register here.)
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services