22/4/2025, 2:29:02 pm

City scramble as Trump’s trade war sends debt markets haywire

Donald Trump’s trade war has disrupted global debt markets, causing lenders to tighten access to capital, particularly impacting UK businesses with high debt. Experts warn of increased borrowing difficulties, potential bankruptcies, and economic growth hurdles. The UK government has allocated an extra £20bn to support affected firms amid rising debt costs and refinancing challenges.