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Trump Floats 25% Tariffs on Imports, UK Inflation at 10-Month High | Opening Trade 02/19

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February 19, 2025

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President Donald Trump said he would likely impose tariffs on automobile, semiconductor and pharmaceutical imports of around 25%, with an announcement coming as soon as April 2 in a move that would represent a dramatic widening of the president’s trade war. UK inflation climbed to the highest level in 10 months in January, boosted by the cost of airfares, motor fuel, food and the imposition of value-added tax on private school fees. Consumer prices increased 3% from a year earlier, accelerating from a 2.5% pace in December, the Office for National Statistics said Wednesday.

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Kriti Gupta, Lizzy Burden and Tom Mackenzie.

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President Donald TrumpNational StatisticsWednesday The Opening TradeEurope WithKriti Gupta Lizzy BurdenTom Mackenzie ChaptersOpening TradeUK Inflation Rises

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