Article 3TAX1 Escalation of trade war will hurt US most, Mark Carney tells Donald Trump

Escalation of trade war will hurt US most, Mark Carney tells Donald Trump

by
Richard Partington Economics correspondent
from on (#3TAX1)

Bank of England governor says tariffs announced so far have already slowed global economy


The governor of the Bank of England has warned Donald Trump that further escalation of US trade disputes around the world would damage the America the most, as the world's largest economy and China prepare to launch the opening salvos of a trade war on Friday.

Related: Trump's EU trade war costing manufacturers in US and eurozone

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