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The Independent UK
The Independent UK
Archie Mitchell

Trump’s tariff plans will hit UK economy, top economists warn

Donald Trump’s plans to impose tariffs on US imports will shrink the British economy, Rachel Reeves has been warned by Britain’s top economists.

In a blow for the chancellor, members of the Bank of England’s interest rate-setting committee said the implications of the US president’s plans “are fairly clear” for economic growth.

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