Carmaker shares fall after Trump’s 25% tariff; poorer families set to be £500 poorer after spring statement – business live
Rolling coverage of the latest economic and financial news
- Rachel Reeves accused of balancing books on back of UK’s poorest
- Donald Trump announces new 25% tariffs on cars from overseas
Germany’s economy minister Robert Habeck has called for the European Union to deliver a firm response to Donald Trump’s new 25% tariff on imported cars.
In a statement, Habeck says:
“What counts now is to have a firm response to these tariffs from the EU. It needs to be clear that we will not take this lying down.” Continue reading...
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