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Savills says Trump's tariffs have slowed transactions but impact will be short-term

Upbeat trading update says prime office markets are back in favour
Savills chief Mark Ridley. (Savills)
Savills chief Mark Ridley. (Savills)

Savills said it expects that the impact of President Trump's proposed tariffs on transactions in the second quarter means that despite a strong start its first half performance will be largely similar to last year, but it expects the impact to be short-lived.

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