How Trump's tariffs will make things more expensive in the UK - have your say

US president Donald Trump has unveiled a swathe of tariffs set to impact countries around the world - which will have far-reaching implications on costs and trade. Exports from the UK to the US will be hit with a charge of at least 10%.

Have your say! Are you worried the start of Trump's long-trailed "trade war"? Are you interested in knowing more about what the results will be in the future - and whether the UK could do something similar? Comment below, and join in on the conversation.

A tariff is a tax paid by the importer of goods from another country, which will make the "shelf price" of those goods higher. For goods imported from the UK from now on, they will be at least 10% higher, making them less appealing to American buyers.

Trump hopes to encourage companies to set up shop in the US to avoid these extra charges, revitalising American industry and jobs. The tariffs will have implications for the UK economy - even through the tariffs that are aimed at other countries, reports the Mirror.

Economists think that the tariffs will drive inflation, meaning that your money won't go as far as previously predicted. The Bank of England is less likely to lower interest rates if it can see ongoing instability and unpredictability in the markets as a result of these tariffs.

Pensions could be affected in the long run, with many pension pots investing in American markets. The US stock markets have taken a major dip in recent times, and the instability could continue.

The British car industry will suffer too - about one in six British cars that go out for export go the US. Firms like Jaguar Land Rover and Mini could be at risk.

There could be unexpected upsides - the UK will have a lighter tariff rate than many other countries, so trade could flow through UK ports on its way to the US as a way for other countries to sidestep the worst of it. This is far from certain, and world leaders will be busy figuring out how best to respond to this big move.

Just as our tariff rate could affect other countries, theirs could make a big impact on our economy because of the way the world is linked up through trade. Nearly half of the UK's food is imported, with the largest share of that coming from the EU which has been hit with a 20% base tariff, so trouble with pricing on the continent could hit us too.

Have your say! Are you worried the start of Trump's long-trailed "trade war"? Are you interested in knowing more about what the results will be in the future - and whether the UK could do something similar? Comment below, and join in on the conversation.