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The Independent UK
The Independent UK
Kate Devlin

Trump’s tariffs will harm UK and lead to higher inflation, admits Rachel Reeves

Rachel Reeves United Kingdom Donald Trump United States Canada China Ukraine

Donald Trump’s swingeing tariffs will harm the UK economy – even if Britain is exempt, Rachel Reeves has warned.

The chancellor said a global trade war triggered by the US President would lead to even higher inflation and slower economic growth.

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