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Evening Standard
Evening Standard
Rachael Davies and Tamara Davison

Trump's tariffs explained: How are they impacting the UK

Donald Trump United Kingdom Rachel Reeves

The UK economy shrank by 0.3% in April as Donald Trump’s trade tariff war and higher taxes cast uncertainty over the country’s financial outlook.

The latest GDP figures provided by the Office for National Statistics (ONS) are thought to be considerably worse than the expected fall, which was thought to come in around 0.1%.

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