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How are UK firms reacting to new global trade policies?
UK firms are expressing significant concern over new tariffs imposed by the US, with a recent HSBC survey indicating that 73% of manufacturers expect a negative impact on their operations. Many businesses are delaying investments and rethinking their supply chains due to the uncertainty surrounding these trade policies.
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What economic challenges is China facing amid the trade war?
China is currently facing several economic challenges due to the escalating trade war with the U.S. Despite a solid GDP growth of 5.4% in Q1 2025, there are concerns about sustaining this momentum amid high tariffs and external pressures. Policymakers are under pressure to implement stimulus measures to counteract these challenges.
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What measures is China considering to boost its economy?
In response to the economic challenges posed by the trade war, China is considering further monetary easing and the swift implementation of existing stimulus measures. The Politburo is focused on addressing urgent economic issues to maintain growth and counteract the negative impacts of tariffs.
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How are tariffs affecting UK exports?
The new tariffs imposed by the US are creating unprecedented challenges for UK exporters. UK Export Finance has warned that the shifting tariff policies complicate risk assessments for businesses, leading many to rethink their export strategies and brace for potential economic repercussions.
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What is the outlook for UK manufacturers amid trade uncertainties?
The outlook for UK manufacturers is currently bleak, with many firms expressing concern over the potential economic fallout from new tariffs. Larger businesses, in particular, are feeling the squeeze, prompting them to reconsider their investment strategies and supply chains in light of the ongoing trade uncertainties.
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How is China's GDP growth being impacted by the trade war?
China's GDP growth, which stood at 5.4% in Q1 2025, is at risk due to the ongoing trade war with the U.S. The escalating tariffs are affecting exports and raising concerns about meeting annual growth targets, prompting calls for increased domestic demand and stimulus measures to sustain economic momentum.