Economist: Britain cannot remain neutral if Trump imposes tariffs on EU
According to BlockBeats, on February 4, economists at Panson Macro said in a report that even if the UK avoids direct tariffs from the United States, it may have to choose sides between the United States and Europe in the trade conflict. The UK is highly exposed to global trade chaos because total imports and exports account for 64% of GDP. Given that other countries may respond with fiscal stimulus, the UK may need to take Trump's other threats more seriously, including tax cuts and inflation-boosting measures to deport immigrants. Trump's actions will be hawkish for British policy. (Jinshi)
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