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Scottish traders watch GBP/JPY plunge 2% as Trump's July 9 tariff deadline looms

Reading time: 2 min • Jul 4, 2025, 11:23 PM (UTC)

Key Points

  • Scotland's economy is growing at a sluggish 0.8% this year, ...

Scotland's economy is growing at 0.8% this year – roughly the same pace as watching paint dry, but with more expensive consequences. The Fraser of Allander Institute's latest report reveals that Trump's tariff policies are partly to blame for this sluggish performance, creating a domino effect that's now rattling the GBP/JPY currency pair just five days before the July 9 deadline.

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