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BoE's Greene warns of inflationary shocks to UK from trade tariffs
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President Donald Trump's 25% tariff on all steel and aluminium imports will be implemented on 12 March while a 10% tax on all products from China has already taken effect. In a speech at the Institute of Directors on Wednesday (12 February), Greene discussed how the UK could be affected by unilateral US tariffs on a number of countries, including the UK, and the resulting trade fragmentation, noting that the UK is highly integrated into the international trading system, with the US its largest single-country trading partner. BoE's Catherine Mann optimistic on inflation hump «Our tr...
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