💨 Abstract

The International Monetary Fund (IMF) has lowered the UK's growth forecast by a third due to the impact of Donald Trump's tariffs. The global growth forecast has also been reduced by 0.5% due to the US President's import taxes. The UK's growth prediction has fallen from 1.6% to 1.1%, and inflation is expected to reach 3.1%, the highest in the G7.

Courtesy: metro.co.uk

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