Tariff threat escalates with UK

- President Trump threatened a "big tariff" on Britain unless London drops its digital‑services tax aimed at U.S. tech companies, escalating a bilateral trade spat. - Time reports the threat follows strained U.S.-U.K. ties and analysts say the risk is contributing to added market volatility in currencies and commodities. - London has so far refused to back down on the tax, leaving the dispute unresolved and adding another layer of trade uncertainty for markets (time.com) (fxempire.com) (independent.co.uk).