Trump Tariffs May Hit UK Economy, Chancellor Warns

U.K. Chancellor Rachel Reeves says President Donald Trump’s escalating trade war will have a “profound impact” on Britain’s economy as she travels to Washington this week for high-level financial talks amid falling domestic growth forecasts, Politico reported.

Reeves, Britain’s chancellor of the exchequer, is in Washington for the spring meetings of the International Monetary Fund and World Bank, where she will meet with finance leaders from the G7, including Treasury Secretary Scott Bessent, a key trade adviser to President Donald Trump.

Just before her visit, Reeves voiced concern over the global consequences of the Trump administration’s trade policy.

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