Economists: Trump's tariff policy casts a shadow over the UK's prospects

ChainCatcher news, according to Jinshi reports, Pantheon Macroeconomics has stated that Donald Trump may introduce further tariffs this week, and this shadow is troubling the UK economy.

The firm indicated that Trump has set Wednesday as the date for imposing reciprocal trade tariffs, a move that could "trigger a global trade war where everyone loses." Economists wrote in a report that Trump may cut planned trade tariffs, but uncertainty will still weigh on business investment, thereby affecting the growth of the UK economy.