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John Denton, Secretary General of the International Chamber of Commerce, says uncertainty around US trade policy is weighing more heavily on businesses than tariffs themselves.
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Transcript
00:00We talk to businesses all the time, and this actually applies to business in the UK as well.
00:05The number one concern people have is actually not tariffs, it's actually the uncertainty as to
00:09what will be the framework for trading moving forward. And that continues, that has not gone
00:15away. And that uncertainty is like a tax, because it slows things down and makes people think twice
00:22about decisions to hire and to invest. And certainly to enter into arrangements, and there's
00:29no clarity offered at this point in time.
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