Trade Deal Won’t Prevent UK Tariff Pain, Bank of…

From Morningstar: 2025-04-24 05:14:00

Bank of England governor Andrew Bailey warned that the US-China trade war could impact global growth, affecting Britain even with lighter tariffs. The UK faces 10% tariffs on exports to the US, but hopes negotiations will lead to a deal. Bailey emphasized the importance of multilateral institutions and welcomed US Treasury Secretary’s commitment.



Read more at Morningstar: Trade Deal Won’t Prevent UK Tariff Pain, Bank of…