A third of UK firms are exposed to the threat of new US tariffs, according to a survey by the British Chambers of Commerce.
Of nearly 350 companies surveyed, 33 per cent reported exposure, while a third of those affected are already taking action.
If imposed, the tariffs could cost UK businesses £6 billion (~$8.06 billion) by late January, rising to £15 billion (~$20.15 billion) by June.
Of nearly 350 companies surveyed, 33 per cent reported exposure, while a third of those affected are already taking action.
If imposed, the tariffs could cost UK businesses £6 billion (~$8.06 billion) by late January, rising to £15 billion (~$20.15 billion) by June.
