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tariffTelegraph
•Business
Business & Economics
70% Informative
There could be further announcements on tariffs this week , with the president promising an announcement on “reciprocal’s levies on either Monday or Tuesday .
The US is our single most important export market, accounting for just over 20pc of our total exports.
However, exports of services account for about two thirds of the 20pc .
Trump accuses some countries of running a mercantilist policy that relies on exports to sustain their aggregate demand.
But we are all potential gainers from trade as it allows greater specialisation and the realisation of economies of scale.
It would be better for the world and especially the US and the UK if they responded to Trump ’s tariffs by adjusting their policy towards the creation of more domestic demand.
VR Score
75
Informative language
73
Neutral language
20
Article tone
informal
Language
English
Language complexity
41
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
1
Affiliate links
no affiliate links
