Trump fury over US court bid to block tariffs – as experts warn uncertainty could hit economy
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Question marks over global impact of Trump tariff ruling
- Experts are warning of economic uncertainty and confusion for countries negotiating trade deals with the US after a court ruling blocked President Donald Trump’s tariffs.
- The White House has appealed the decision, potentially delaying trade talks and existing deals, except for tariffs on steel, aluminium, and cars.
- Experts say the ruling casts a "cloud" over any trade negotiations with the US as the country’s legal position is unclear.
- While some parties see the ruling as beneficial for countries like the UK by preventing the quick imposition of tariffs, others worry about intensified tariffs on sensitive sectors.
- The uncertainty has already led some UK firms to abandon the US market, and a Commons committee is set to investigate trade with the US, while calls are being made for clarification from the US ambassador.