Trump’s trade war will be worse for the UK than Brexit

WITHSo much attention was paid to Labour’s budget on October 30 that it was easy to forget that less than a week later, on November 5, an even more important event would take place in America.

A few days ago I was intrigued to read an article on our news pages entitled: Trump’s trade war with China ‘could be worse than Brexit for the UK’. Citing security sources, he warned Britain could become embroiled in a damaging trade war between the world’s two biggest economies, America and China, on top of the direct damage caused by the former president’s pledge to impose new tariffs on everyone, including this country. .

According to one Whitehall source quoted in the article, my colleague