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The Economic Times

Global Business / The Economic Times

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The biggest loser from Trumps new tariffs could be Britain

Britain's preferential trade deal with the US faces a setback. A Supreme Court decision means global tariffs could rise. UK businesses may now face higher duties on exports to America. This could cost British companies billions. Officials are seeking an exemption from the US administration. The situation creates uncertainty for many firms.

23 Feb 2026 2:52 pm