UK expects to be affected by Trump tariffs – No 10

The UK expects to be affected by US tariffs and is not ruling out retaliating, Downing Street has said.
The prime minister’s official spokesman said talks on an economic deal between the two countries had been “constructive” but were likely to last beyond Wednesday, when President Donald Trump has said new 25% tariffs – or import taxes – on cars and car parts will come into effect.
Trump has imposed a series of tariffs targeting goods from other countries, with the UK already hit by 25% taxes on exports of steel and aluminium to the US.
Over the weekend he suggested the tariffs would hit all countries, not just those with the biggest trade imbalances with the US.
The UK has been in negotiations with the US in an attempt to secure an exemption.

Courtesy: BBC