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US tariffs could cut size of UK economy by 1%, OBR says – Reuters UK

Source link : https://europ.info/2025/03/26/united-kingdom/us-tariffs-could-cut-size-of-uk-economy-by-1-obr-says-reuters-uk/

The Office for Budget Responsibility (OBR) warns that U.S. tariffs could shrink the UK’s economy by 1%. This potential downturn highlights the ongoing challenges of international trade dynamics and their impact on economic growth.

Author : Sophia Davis

Publish date : 2025-03-26 22:28:00

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