The return of President Trump means inflationary headwinds for UK retail

Trump

Source: GettyImages/Roman Tiraspolsky/iStock Editorial/Getty Images Plus

While Trump didn’t follow through with his promises to launch an international trade war on day one, experts are warning his return to the presidency will mean higher prices for UK consumers.

On the day he was sworn in for his second term as president of the United States, Donald Trump signed a slew of executive orders and directives covering everything from pulling out of the Paris Climate Agreement to rolling back trans and gender-identity rights, pardoning over 1,000 January 6 rioters, and taking a predictably hard stance on immigration.

 

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