Economics
Sunday
2
February
2025
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Fears grow for global trade, with major indices likely to plunge as US trading partners quickly retaliate, raising chance China and EU will follow suit -
From rising gilt yields to higher inflation, the UK may suffer indirectly from US tariffs -
British policymakers watch nervously, fearing a weaker pound and inflation even if US tariffs are not applied directly
Ella Baron on Trump’s tariffs – cartoon