Donald Trump has imposed tariffs of 20% on goods from the EU, while goods from the UK, including Northern Ireland, will be subject to a 10% tariffThe tariffs were feared to be a bloodbath for the global economyA tariff is a tax imposed by one country on the goods imported from another country
President Donald Trump.
It’s been hyped, it’s been feared, and now we know what Donald Trump meant when he talked about a ‘Liberation Day’.
In a speech where he accused other countries of stealing American jobs and ‘ransacking’ US industry, the president confirmed new economic tariffs for countries across the globe.
What do the tariffs mean for Northern Ireland? How has Brexit changed our situation? Could the tariffs start a global trade war?
Ciarán Dunbar is joined by Belfast Telegraph Business Editor Margaret Canning.
