Writing on social media on Saturday, Trump said that he would impose tariffs on the UK, Denmark, Norway, Sweden, France, Germany, the Netherlands, and Finland.<\/p>\n
He said they would be charged “a 10% tariff on any and all goods” sent to the US, with the tariff raised to 25% on 1 June.<\/p>\n
The new import taxes would “be due and payable until such time as a deal is reached for the complete and total purchase of Greenland” and would begin on 1 February.<\/p>\n
Sommerville said now there was uncertainty again of “not knowing what’s going on”.<\/p>\n
She said: “Yesterday we pulled out of a contract we were negotiating because it affects our price with the customer and our customer wants to place the order so we pulled out of it – which was a hit of around $400,00 in revenue for us.”<\/p>\n
She said last year the company’s turnover was down by 20%, and now its growth patterns have had to be rewritten. <\/p>\n
Instead, the firm is now looking to develop a new product for the UK market. <\/p>\n
Sommerville said: “We’re moving the effort and investment in the US to Europe. But then there’s the problems with Brexit.<\/p>\n
“If the government could focus on making a better deal with us in Europe to make trade easier to flow – it would help.”<\/p>\n","protected":false},"excerpt":{"rendered":"Writing on social media on Saturday, Trump said that he would impose tariffs on the UK, Denmark, Norway,…\n","protected":false},"author":2,"featured_media":381032,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-381031","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/381031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=381031"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/381031\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/381032"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=381031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=381031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=381031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}