How Trump's Tariffs are Impacting Everyday Items

Donald Trump has imposed extensive tariffs on imported goods to the US, potentially causing prices to surge for consumers worldwide. Tariffs Announcement

The US president announced the imposition of taxes on imports from all countries, effective immediately, with British-imported goods facing a new 10% charge. UK Response

Downing Street has not yet retaliated with tariffs on US products. Prime Minister Keir Starmer emphasized a 'calm, pragmatic approach.' Impact on Automotive Sector

The automotive sector is particularly at risk, with reports predicting price increases, especially for luxury European car brands. Concerns About Inflation

There are worries about inflation impacting interest rates, potentially affecting mortgage repayments. Aluminium Import Tariffs

Foil, kitchenware, and drinks cans may face price rises due to aluminium tariffs impacting UK consumers and retailers. Construction Sector Impact

The construction sector, heavily reliant on aluminium, is also expected to feel the financial strain.