The vast majority of UK consumers plan to “buy British” over concerns that imported products will surge in price after Donald Trump’s sweeping tariffs, according to data that underlines the impact of the US president’s trade war.
Some 71 per cent of people said they wanted to support UK businesses by buying more items that were “Made in Britain”, after Trump imposed a 10 per cent tax on British imports this month, Barclays said on Tuesday.
About two-thirds of consumers were concerned that imported products would become more expensive, according to the survey carried out on behalf of Barclays by Opinium Research, and two in five were already looking for UK-made alternatives.
Too bad the UK isn’t part of a larger economic bloc that could support each other in times like this 🤔.
We still have lower trade barriers with the EU than we do with the US. I think buying European is a good option.
How would being in NAFTA have helped on this situation 😂🤣?