Trump’s tariffs threaten the future of innovation – and UK tech could be collateral damage

By Matthew Allen, Lecturer in Economics, Salford Business School, University of Salford

US president Donald Trump’s 15% baseline tariffs on EU imports may read like a throwback to old-school protectionism, designed to safeguard American jobs and manufacturing. But in today’s globalised and digitally driven economy, the risk isn’t just to steel or car factories, it’s to innovation itself.

The world’s most advanced technologies rely on complex, deeply integrated supply chains. Evidence from 2023 shows that even temporary US tariff shocks…

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