Trump’s economic adviser dampens Starmer’s hopes of tariffs relief
by Jamie Grierson from Economics | The Guardian on (#6WJ1S)
It would take an extraordinary deal' for any country to improve on 10% rate, says Kevin Hassett
A senior economic adviser to Donald Trump has said it would take an extraordinary deal" for any country, including the UK, to improve on the 10% tariff rate the US has imposed almost worldwide, pouring cold water on Downing Street's hopes for a breakthrough.
Trump succumbed to pressure from plunging financial markets on Wednesday and temporarily reduced retaliatory" tariffs on all countries' goods to 10%, except those from China, which face a rate of 145%.
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