Because of Trump, the British economy is threatened with 16 billion pounds

Reports revealed that US President Donald Trump’s recent plan to impose customs duties can incur 16 billion pounds ($ 20 billion).
According to Bloomberg News Agency today, Friday, this large number will be over the next two years, while it is a blow to Prime Minister Kiir Starmer, who has pledged to launch the growth wheel in the country.

American customs duties on Britain

The US President was Thursday, senior officials in charge of the fees imposed on each country separately.
This is with regard to customs duties, taxes, currency and other barriers facing American companies during their export attempts to those markets.
Trump pointed to the problem of imposing value -added tax on sales in the European Union, while Britain also imposes value -added tax on imports by 20%.

British economy

At a time when the UK’s trade and economics and economic advisers are unlikely that such a comprehensive set of fees are uncommon.
This is because of its potential impact on the American economy, it increases the risks of a severe blow to the United Kingdom at a time when Treasury Rachel Reeves is under the pressure to enhance growth.
This is in order to achieve the tax revenues needed by the government of the Labor Party that took over the country’s leadership 7 months ago, to advance British services.