Now Playing

The Kinks

Waterloo Sunset

'Opportunities possible' around US tariffs situation

Treasury Minister quizzed on local impact of recent developments

The Treasury Minister thinks there are possible business opportunities for the Island amid the ongoing situation around US tariffs.

Last week, President Donald Trump announced new import taxes on all goods entering the USA before this week confirming a 90-day pause on tariffs for certain countries.

Here, Dr Alex Allinson believes it'll take 'a couple of weeks' to figure out the full implications of the current global financial climate

Speaking to Manx Radio, however he thinks the Isle of Man has the potential to prove itself as a viable destination for businesses which may relocate:

You can hear more from Dr Allinson on this matter and others on Manx Radio's Perspective programme today at 12pm.

More from Isle of Man News