Thu, 03 Apr 2025

Thu, 03 Apr 2025 What next for products like the iPhone made in China? And more of your questions answered

Donald Trump slaps much of the world with a 10% baseline tariff while others face even higher rates. Our correspondents answer your questions.

* US shoppers could face higher prices and reduced choice due to tariffs, which may lead to a stagnant world economy.
* Products made in China by US companies, such as iPhones, may be affected by tariffs, but Apple bosses hope to negotiate exemptions or pass on costs to consumers.
* The UK may benefit from the tariffs, with cheaper goods potentially flooding into the country and British businesses gaining a competitive edge over EU competitors. However, there are concerns about the impact on homegrown industries if cheap products flood the market.
* US tariffs could lead to higher prices in the UK due to the weaker pound or retaliation by the UK government with its own tariffs.
* The tariffs may have a negative impact on pension investments, but experts urge people not to panic and to take a long-term view.
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