‘We just can’t take the hit’: businesses worldwide brace as Trump threatens tariffs

Across the world, exporters to the US are preparing for an era of disruption if tariffs are imposed

Donald Trump, a self-declared big believer" in tariffs on foreign goods, has promised to use them to boost the US economy, revitalize America's industrial heartlands, and reward the tens of millions of voters who sent him back to the White House.

Come make your product in America," the president told top executives gathered at the World Economic Forum in Davos this week, promising low taxes to those who take him up on the invitation. But if you don't make your product in America - which is your prerogative - then, very simply, you will have to pay a tariff."