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flag Bank of England's governor warns US tariffs could harm UK economy, raise prices, and lower growth.

flag The Bank of England's Governor, Andrew Bailey, has warned that US tariffs pose substantial risks to the UK and global economies. flag New tariffs on imports from Mexico, Canada, and China could lead to increased prices and reduced growth, impacting UK consumers' finances. flag Experts advise addressing trade disputes through multilateral forums instead of tariffs. flag Bailey also cautioned about potential negative impacts on productivity and economic efficiency.

2 months ago
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