How exposed is the UK to Trump's tariff chaos?
4 days agoDharshini DavidDeputy economics editorGetty ImagesWarnings of a global recession have been intensifying as the trade war heats up.As of Wednesday night, the main animus seems to be between the US and China who are flinging ever-increasing tariffs at each other. For most other nations, Donald Trump has paused implementing higher taxes on US imports for 90 days. It means that those countries will now face a lower levy of 10% - the same level as Trump imposed on the UK when he made his initial announcement last week.The UK appeared to have come off lightly compared to other economies.But, British exporters still face an extra charge on goods sold into the US and there are many other ways the UK will be affected, from growth to inflation. The exact impact remains very uncertain. But some of the emerging fallout may have an upside - and here's why.BusinessThose most directly exposed in the UK to this trade war are British businesses - from carmakers to food producers - selling goo...