trade war

Tariffs on UK exports could see GDP growth fall to 0.8% in 2025

8th April 2025 Commercial Credit Management | #trade war

US import tariffs introduced by Donald Trump are set to inflict a trade war, which is expected to reduce economic growth by 0.8% over the next two years, leaving the UK £21.6 billion worse off by 2027, according to research by KPMG. KPMG says that a more severe scenario, if trade frictions continue to escalate,…

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trade war

Tariffs on UK exports could see GDP growth fall to 0.8% in 2025

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