Mr Trump also abandoned his trade base, where he made rhetoric rather than concrete action. Yes, he abandoned the trans-pacific partnership (TPP), but Hillary Clinton would do the same. He had thought about dropping the north American free trade law (Nafta), but that could be just a negotiating tactic. He threatened to impose a 50 per cent tariff on goods from China, Mexico and other us trading partners, but failed to do so. The proposal for border adjustment taxes was almost forgotten. "We are concerned that if the UK decides to leave, it is likely to lead to a weaker pound, higher inflation, lower disposable income and less investment," she said.