Scots economic turbulence as Trump unleashes tariffs The Scotsman says experts have warned that Scotland’s economy…

Almost all the UK front pages are dominated by the announcement of the latest US tariffs. The US media started reporting yesterday that a blanket 20% tariff on all non-American goods is set to be introduced. 

Much of the UK media is speculating on how the tariffs will impact the UK economy and the prime minister’s attempts to secure a last-minute deal. 

Chancellor Rachel Reeves is back in the headlines after an impact assessment revealed the chancellor’s welfare overhaul – aimed to get more people back in work – could see even more people signed off. 

One of the biggest stories dominating the UK news today reports that Thames Valley Police shot dead a man carrying a knife at the busy Milton Keynes train station yesterday. Earlier reports had indicated the man was carrying a firearm, but it was later confirmed to be a knife. Police confirmed the man was white and was challenged by officers before being shot dead.

An analysis of the Cold War’s economic impact revealed that the “Iron Curtain” represented a tariff equivalent of 48%, suggesting serious trade restrictions may arise amid current geopolitical tensions.

Wednesday’s news headlines are dominated – in print and online – by one story and one story only. The US is set to unveil its newest tariffs, which are expected to hit every country with what the US media is reporting to be a blanket 20% tariff on all non-American goods. The headlines range from the stock markets, the UK’s attempts for a last-minute exemption, and how the tariffs threaten to unbalance the books for Chancellor Rachel Reeves.

Beyond the tariffs, there are a handful of other stories dominating the UK news including an armed man being shot dead at Milton Keynes station, the ongoing row between Prince Harry and the charity he founded, and news that 23 more women have made allegations against serial rapist Zhenhao Zou.