The moron is in full flow! Tarrifs imposed on Mexico and Canada are virtually nothing to do with trade but an interference in the internal politics of countries. Mexico is targeted because of drugs and Canada with the exhortation to become the 51st state of USA! Many products in North America move between the countries so how the admin works will be interesting. With future tarrifs against the EU it is likely that retalitatory taxes will hit US consumers. Many American companies have huge involvement in other countries. Even a small consumer boycott would have an impact on companies that already face tarrifs.
The UK will not be affected at first, but we should stand with the EU. Africa may benefit from increased sales of food products? Will the EU import more from China (especially EV’s?). If the UK avoids sanctions by Trump – will they be imposed by te EU? Surely the EU would not sit by and allow the UK to have free trade with both blocs? Also Trump is devious and could impose requirements for the UK to avoid tariffs (most tariffs are related to trade goods whilst major UK exports are services and financial). The whole thing may unravel quickly – me, I will buy maple syrup and tequila! I am sure there is a solidarity cocktail there somewhere!