The UK-US trading deal is still leaving Britain facing high tariffs, says Boe governor

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The UK’s trade agreement with Britain is “good news”, but the effective tariff ratio is higher to increase the effective tariff before the Donald Trump has begun increasing growing obstacles with American partners.

Andrew Bailey warned the impact of his effect on Friday trade war The UK economy will depend on the US President and other countries in other countries and stressed that uncertainty has hit British enterprises.

“This will leave the effective tariff rate higher than this begins. I think we must take it into account” Bailey He informed in a conference in Reykjavik.

“The impact of all this development of all this development in the UK outlook is not only in the British Trade Agreement, but also in the British trade agreement, as well as” good news “.

Boe on Thursday, Benchmark cut the interest rate with a The quarterpoint is 4.25 percent According to Bailey, the more global trade conflict “The forecasts that will have a very negative impact on the British Outlook of the United Kingdom as it is found.

It has been partially replaced with financial market movements that alleviate some pressure. On Thursday, Boe, Boe, the global trading voltage will reduce the level of 0.3 percent in the three-year timely and 0.3 percent.

The Central Bank predicted the economic growth of 1 percent this year and 1.25 percent in 2026.

The United Kingdom has overlapped the United States for the United States, because Trump has started to apply high tariffs, car and steel began to accept cuts for penalties, but not to turn on a flat for most goods.

“When we walk the country in the UK, he says:” We are delaying investments because we added “Bailey” because we are very uncertain that the world will look.

Two members of the Boe’s Monetary Policy Committee – Swati Dhingra and Alan Taylor – this week half-dotted, and the Chief Economist Huw Tablet joined Catherine Mann if no changes.

Bailey voted in favor of 4.25 percent in 2023 percent in favor of 4.25 percent.

On Friday, the larger half-point cut due to trade uncertainty, but so reduced “outside the ratio”, he said he was first managed by internal factors.