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Story summary
- The British Chambers of Commerce (BCC) urged the UK government to prepare for US tariff increases after a 10% rate was set, replacing a threatened 15%.
- The Supreme Court blocked broader tariffs, leaving the 10% rate in effect and creating uncertainty.
- The BCC presented a six-point plan to the government, seeking negotiations with the United States and stronger exporter support.
- Markets fell as tariff uncertainty weighed on major European indices.
