UK Faces Job Losses Amid Trump Tariffs, IMF Warns

UK and global economic leaders are warning that Donald Trump’s recent trade tariffs are causing significant uncertainty and could trigger a 'growth shock' for the British economy, with the IMF sharply downgrading the UK's growth outlook and predicting broader global economic slowdowns. British manufacturers face imminent job losses unless a US-UK trade deal is reached, with contingency layoffs already beginning among workers whose companies export to America. Industrial leaders and trade unions told MPs that, without swift government intervention or tariff relief, widescale redundancies may happen by summer. The International Monetary Fund noted that the sudden increase in tariffs is creating a new era of economic unpredictability, forecasting a notable reduction in global growth and warning of possible inflation shocks. While the UK government is trying to negotiate a deal to avoid a 25% tariff on British car exports, US willingness to grant exemptions remains unclear. Experts caution that Trump’s protectionist policies could undermine efforts to revive economic growth both in Britain and worldwide.