Trump’s ‘Liberation Day’ could wipe out Rachel Reeves’ fiscal headroom

Trump’s ‘Liberation Day’ could wipe out Rachel Reeves’ fiscal headroom

City A.M.

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A mere week after Rachel Reeves told the Commons she had restored her fiscal headroom, Trump’s planned ‘Liberation Day’ tariff deluge could send a wrecking ball through the Chancellor’s buffer. Wall Street giant Goldman Sachs has downgraded Britain’s economic growth outlook ahead of the President launching a fresh set of tariffs that could smash Reeves’ [...]

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