💨 Abstract

The US trade war has caused global stock markets to plunge, with the most impact felt in certain UK cities, particularly Coventry, Derby, Telford, Worthing, and Blackpool due to their high share of exports to the US. Cities like London and York are less affected due to their service-oriented economies. The tariffs may exacerbate economic disparities across the UK, with the West Midlands and Wales being the most affected regions.

Courtesy: metro.co.uk

Summarized by Einstein Beta 🤖