London, April 23, 2025 (AFP) - Tariffs: Bank of England chief warns of risk to UK

NAMPA / AFP

2025-04-23

Bank of England governor Andrew Bailey said Wednesday that the trade war initiated by US President Donald Trump will impact global growth that could hit Britain even if the country avoids the heaviest tariffs. "Fragmenting the world economy will be bad for growth," Bailey told the Global Outlook Forum hosted by the Institute of International Finance (IIF) in Washington. Even if it avoids the heaviest tariffs "the UK's a very open economy and ther......

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