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UK Finance Minister warns US tariffs could harm UK economy, seeks £20bn export support.
UK Finance Minister Rachel Reeves warns that US tariffs could severely impact the UK and global economies, calling for a stronger relationship with the EU and a more balanced global trading system.
The UK economy recently grew by 0.5%, but experts predict tariffs could lead to economic challenges, including reduced growth and financial strain, potentially necessitating tax hikes and spending cuts.
Reeves seeks to support UK exporters with a £20bn boost to UK Export Finance to mitigate these impacts.
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