Caught in the middle: UK firms brace for fallout from Trump’s global trade war

News Snapshot:

“We’re vulnerable at the moment,” says Fiona Conor, the managing director of Trust Electric Heating, a Leeds-based radiator manufacturer, who has been considering expanding into the US market. After a predictably unpredictable start to Donald Trump’s second term as US president, Conor is worried her options could be limited, as businesses across the UK brace for a global trade war. Business leaders are hoping that Britain can avoid sweeping US tariffs, but experts warn that the fragmentation of the international trading order would still have a chilling impact on a relatively small, open economy such as the UK’s. Highlighting that...