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'Staring down the barrel at higher costs': UK businesses face uncertain future over US tariffs

UK businesses are facing uncertainty and higher costs as Donald Trump's new global tariff hike is set to take effect from Tuesday.

Governments worldwide have been scrambling for information since Friday when the US Supreme Court struck down his "Liberation Day" tariffs policy, and the president announced a temporary tax of 15% on imports into the US from all countries. Money blog: 'Sporadic shortages' of four items on supermarket shelves as supply hit Many British businesses are in the same position, now fearing higher costs to bring their products into America.

"Clarity is now urgently required on how UK exports will be treated on arrival into the United States.

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