Chris

That’s interesting, but seems like only half an analysis to me.

On the one hand, the headline tariffs give a decent indication of Trump’s intent. On that reading, he doesn’t like Brussels at all, but sort-of likes the UK because of his Scottish granny.

On the other hand, the effective tariffs presented here don’t really give the full picture with regard to the actual effect on the UK economy because, while they weight for the amount of tariffed goods traded, they don’t seem to account for how sensitive to tariffs those goods are. Items that are easily replaceable by domestically produced alternatives within the US ought to be weighted more than those which can’t be. Scotch whisky, for example - while there is (allegedly) an American alternative, the alternative isn’t Scotch whisky. If that’s what you want, and plenty of people do, that’s what you have to buy.