Global growth actions lose their gloss as “Trump’s tariffs” (and mutual actions of American trading partners) threaten the economy. The impact of fresh import taxes can be catastrophic in various industries.

I have not lost any appetite for shares in Great Britain, although I am more careful with what I buy today. One way to protect is the selection of counteracting shares in traditionally defensive industries-which forecasts of profits are increased or intact by current economic conditions.

With this in mind, here are two great growth supplies that I am considering now.

H&T group

Pawnbrokers like H&T group (LSE: hat) Cover in tough times. In fact it Alternative investment market (OBJECTIVE) The operator said last month that “The demand for our basic vertical product is constantly growing, with a particularly strong demand for loans in the last ten weeks of the year, including the record levels of new customers borrowing from us for the first time“.

Along with the continuous crisis of maintenance costs, city analysts expect that earnings in H&T will raise by 5% in 2025, by the way, it also leaves trade in a low price -ratio company (P/E) of 7.1 times.

The commercial landscape is particularly beneficial today for H&T thanks to a rapid price raise. Bullion has reached fresh records above USD 3151 for an ounce earlier, and many are undermining that they become fears about the growth of economic and geopolitical landscape.

On the other hand, retailers such as this are in front of the fresh pressure of costs as the domestic remuneration of life and social security increases. H&T believes that the changes themselves will cause a hit of 2 million pounds every year.

But in balance I still think that the pawnshop is a great supply to consider in these tough times.

Chemring group

Together with a wider defense sector, he shares Chemring group (LSE: Chg) increased the value after Russia’s invasion of Ukraine in 2022.

This specific FTSE 250 The contractor also increased in February and March after approaching 1 billion pounds from Bain Capital. However, based on current earning forecasts, it still offers a decent value for money.

City analysts believe that earnings will raise by 27% in the current budget year (until October 2025). This means that it trades on the P/E forward is 18.5 times and the ratio of P/EA-do height (PEG) 0.7.

Each PEG below one suggests that the participation is underestimated.

The stable nature of weapons expenditure made classic defense resources in tough times. But the cancellation of the sector is even greater today (in my opinion) because it accelerates the global acceleration of industry consolidation.

Chemring’s own order increased by 187% a year to get a record number of 1.4 billion pounds.

The company commented that “When the new administration in the USA presses a significant increase in expenditure on defense of NATO and the EU Member States“.

Reduced expenses for weapons from the US remain a threat. However, I believe that in balance it is worth considering in geopolitical times.