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Bank of England's governor warns US tariffs could harm UK economy, raise prices, and lower growth.
The Bank of England's Governor, Andrew Bailey, has warned that US tariffs pose substantial risks to the UK and global economies.
New tariffs on imports from Mexico, Canada, and China could lead to increased prices and reduced growth, impacting UK consumers' finances.
Experts advise addressing trade disputes through multilateral forums instead of tariffs.
Bailey also cautioned about potential negative impacts on productivity and economic efficiency.
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El gobernador del Banco de Inglaterra advierte que los aranceles estadounidenses podrían dañar la economía del Reino Unido, elevar los precios y reducir el crecimiento.