The IMF upgraded the UK's growth forecast to 1.6% from 1.5%, indicating potential resilience in the UK economy amidst global economic uncertainties.
While Trump's tariffs might create short-term economic benefits in the US, they risk igniting a cycle of inflation that could harm global markets.
World leaders express concern over Trump's tariffs, fearing they will drive up costs for American imports and strain international trade relationships.
The IMF views the UK's economic performance as likely to surpass that of several European counterparts, suggesting a more favorable growth trajectory in the near future.
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