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#fiscalmeasures

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Bytes Europe

Trump trade war would deal ‘major blow’ to UK growth – POLITICO byteseu.com/865668/ #Aluminum #Canada #China #DonaldTrump #Dumping/Duties #FiscalMeasures #GlobalEconomy #GreatBritain #Growth #Imports #Inflation #Mexico #Policy #RachelReeves #Steel #tariffs #trade #TradeAgreements #TradeWar #UK #UnitedKingdom #UnitedStates

Bytes Europe · Trump trade war would deal ‘major blow’ to UK growth – POLITICOTrump plans to unveil fresh reciprocal tariffs against U.S. trade partners next week. While the U.K. is currently working on a trade agreement to swerve those tariffs, Trump’s global trade measures will still impact Britain’s economy even if it is spared. “If global trade disputes escalate to include 20 percentage point rises in tariffs between the USA and the rest of the world, this could reduce UK GDP by a peak of 1 per cent,” the OBR forecasts in its latest assessment. Amping up U.S. tariffs on all goods imports would slash 0.6 off the OBR’s forecast of 1.9 percent
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Bytes Europe

UK chancellor will double down despite growing opposition – POLITICO byteseu.com/860793/ #BritishPolitics #Budget #Debt #EconomicGovernance #EconomicPerformance #FiscalMeasures #Germany #GreatBritain #Growth #Inflation #InterestRates #KeirStarmer #RachelReeves #Stability #Tax #UKBudget #UnitedKingdom #welfare

Bytes Europe · UK chancellor will double down despite growing opposition – POLITICOFurthermore, in an unwanted backdrop to Wednesday’s upcoming statement, the U.K.’s GDP fell by 0.1 percent in January, down from a rise of 0.4 percent in December. And government officials expect the Office for Budget Responsibility to downgrade its forecast of 2 percent growth this year to around 1 percent. This means financial markets are watching Reeves closely. The wobble that saw government borrowing costs rise in January (before falling back down) was a sign the chancellor still has to prove her mettle. She thus wants to take immediate action on Wednesday, showing her “ironclad” rules are still “nonnegotiable” and
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Yonhap Infomax News

South Korea's Acting President Choi calls for additional fiscal measures and expresses concern over exclusion from State Affairs Council, while addressing U.S. trade policy challenges and supporting defense industry expansion.
#YonhapInfomax #ActingPresidentChoi #FiscalMeasures #StateAffairsCouncil #AmericaFirstPolicy #DefenseIndustry #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
en.infomaxai.com/news/articleV

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