Ricci, a London-based dentist, is becoming increasingly worried about the escalating trade war between China and the United States – a conflict he fears will exacerbate the United Kingdom’s cost of living crisis.
“I understand why the US wants to reduce its dependence on China,” he said. “But the reality is that China produces a huge amount of things we all use. So when tariffs are added, it’s not just China that’s affected, as the supply chain disruptions may lead to price increases for everyone, including people here in the UK.”
The UK is directly impacted by several new US duties, including a 10 per cent “baseline” tariff as well as 25 per cent levies targeting the steel and automotive industries.
But Trump’s trade policies are also set to hit the British economy in indirect – and unpredictable – ways, as the intensifying US-China tariff war threatens to undermine investor confidence, disrupt supply chains and slow global growth.