Trump’s trade war could ease the squeeze on household finances

The headlines related to Donald Trump’s trade war to date have largely all been negative and with total justification. We’ve heard of the dire impact tariffs are expected to have on the UK and wider global economy from the International Monetary Fund, the toll they are already taking on UK exporters to the United States – especially car, steel and aluminium manufacturers. Jobs, order books and profitability are threatened and stock markets have lost significant ground, knocking pension and investment values. Money latest: State pensions have been underpaid by £800m Government borrowing costs have also faced upwards pressure. But from…