April Fool – Trump trade war shocks global markets as UK braces for impact
- 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’ “iron clad” rules.
- The bank cut its growth forecasts for the British economy from 0.9pc to 0.8pc this year and from 1.3pc to 1.2pc for 2026.
