Tariffs, trade tensions, and an uncertain global landscape: Implications for the UK

Description

Recent shifts toward protectionist trade policies—most notably from the United States—are reshaping the global trading system in ways that extend beyond traditional economic concerns. Protectionism refers to when countries introduce measures such as tariffs, quotas, or subsidies to limit imports and support their domestic industries. For the UK, navigating this uncertainty comes at the post-Brexit period, where trade resilience, food system stability, and climate commitments are increasingly intertwined. In this blog, we explore how these shifts—both escalating tensions and cautious diplomatic steps—are shaping UK trade relationships, food and agricultural markets, climate ambitions, and the future of multilateral cooperation. Drawing from current data, recent events and policy updates, we examine what these developments mean for UK policymakers, businesses, and the wider global economy.

Subject

International trade and tariff wars