Trump’s Greenland tariffs would be another drag for the UK

If President Trump’s latest tariff threats were actually implemented, they would add to the existing pain for UK car and pharmaceutical manufacturers and in a worse-case scenario could reduce UK GDP by 0.30-0.75%. The long-term political and geopolitical consequences would be much greater. One could be that the UK is nudged closer to the EU, at least when it comes to trade in goods.

We are hosting a 20-minute online briefing to discuss the "Greenland Crisis" at 11am GMT today. (Register here.)