💨 Abstract

British Finance Minister Rachel Reeves has stated that she will advocate for free trade with the incoming administration of President-elect Donald Trump, who has proposed tariffs on all U.S. imports. Trump has suggested a 10% tariff on imports from all foreign countries, and additional tariffs on imports from China. Analysts have lowered the UK's economic growth forecast due to potential higher U.S. tariffs and other financial risks.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖