IMF slashes UK growth forecast as tariffs create ‘significant slowdown’

City A.M.

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The IMF has downgraded its UK growth forecast by 0.5 per cent this year as President Donald Trump’s trade war brings global tariff rates to “centennial highs”.  The IMF said the UK economy would grow by 1.1 per cent growth this year, reflecting leading forecasters’ worries about the ongoing global trade war between US and [...]

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