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The spillover impacts of an all-out China-US trade war would be felt globally, and most economists judge that the impact would be highly negative.

That leads to a spillover into the corridors, with patients in wheelchairs, on hospital beds and gurneys filling all the available space.

So the spillover effects could be very, very negative.

"The main threat to the UK economy from Trump's tariffs may well be the spillover from higher US interest rates, rather than tariffs themselves," says the economist Julian Jessop.

“That would be very interesting information because many of us that are working in this space have suspicions that there are undetected spillovers happening.”