UK expects to be hit by Trump tariffs, No 10 says

The UK is expecting to be hit by new US tariffs on Wednesday, with Downing Street indicating a deal to exempt British goods will not be reached in time.
US President Donald Trump has said new 25% tariffs – or import taxes – on cars and car parts will come into effect on 2 April.
Over the weekend he suggested the tariffs would hit all countries, not just those with the biggest trade imbalances with the US.
The prime minister’s official spokesman said talks on an economic deal between the two countries to avoid tariffs had been “constructive” but he did not rule out retaliating if they were imposed on the UK.
“When it comes to tariffs, the prime minister has been clear he will always act in the national interest and we’ve been preparing for all eventualities ahead of the announcement from President Trump, which we would expect the UK to be impacted by alongside other countries,” he said.

Courtesy: BBC