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Aston University: Global Cost of 2025 Tariff War Could Reach $1.4 Trillion
April 05, 2025

BIRMINGHAM, England, April 5 -- Aston University issued the following news:

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Global cost of 2025 tariff war could reach $1.4 trillion

* A new report from Aston Business School evaluates the economic fallout of US tariffs across six potential future scenarios, from unilateral US actions to a full-scale global trade war, and outlines strategic responses for the UK

* Significant disruptions in trade, widespread price hikes and welfare losses . . .

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