Carmaker shares fall after Trump 25% tariff move as Reeves warns against trade war

A slightly misspelled converter for UK

Carmaker shares fall after Trump 25% tariff move as Reeves warns against trade war - short news

Chancellor says UK not planning retaliatory tariffs on US ‘at the moment’ while PM calls move ‘very concerning’

Shares in automakers around the world fell sharply on Thursday after Donald Trump announced a 25% tariff on all car imports to the US in the latest escalation of his global trade war.

The new levies on cars and light trucks will take effect on 3 April, a day after Trump plans to announce reciprocal tariffs aimed at the countries responsible for the bulk of the..

Read more on The Guardian

source: The Guardian - 27.03.2025

Convert using the Bank of England (BoE) exchange rate from 27 March 2025:

Convert from:

to:

Amount:

Result:

Result with 20% VAT:

20% VAT amount:

Also try our advanced currency

converter which can convert using the Bank of England (BoE) spot exchange rate from a previous date.

CURRENCY CONVERTER

From Lincoln to Nixon, Trump’s not the first US president to shock the UK on trade

Lincoln blockaded southern cotton, McKinley hit Britain with tariffs and Nixon abandoned the gold standard: a quick history of transatlantic economic meddling

After the American civil war..

The chancellor’s careful calculations for her spring statement are likely to be blown out of the water by a looming US trade war

• From more tax to rewriting budget rules: six..

All news

All the data regarding the BoE exchange rate is collected from the Bank of England (BoE) and is purely informative.

currency-convertor.uk is in no way associated with the Bank of England's website

Carmaker shares fall after Trump 25% tariff move as Reeves warns against trade war

Carmaker shares fall after Trump 25% tariff move as Reeves warns against trade war - short news

Quick converter

Top stories