Trump trade war could lead to $1.4trn global welfare loss as 'Liberation Day' looms

UK to benefit from trade rerouting

Linus Uhlig
clock • 2 min read

Economists have warned that the global economic toll of President Donald Trump’s tariffs could result in a $1.4trn hit to welfare worldwide, with expectations that the UK could also be set to benefit from potential rerouting of trade.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Linus Uhlig
Author spotlight

Linus Uhlig

Linus Uhlig is a senior reporter at Investment Week

More on Economics

Trustpilot