{"id":38339,"date":"2025-04-09T11:05:34","date_gmt":"2025-04-09T11:05:34","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2025\/04\/09\/trump-tariffs-threaten-global-growth-and-raise-risk-of-severe-shocks-says-bank-of-england\/"},"modified":"2025-04-09T11:05:34","modified_gmt":"2025-04-09T11:05:34","slug":"trump-tariffs-threaten-global-growth-and-raise-risk-of-severe-shocks-says-bank-of-england","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2025\/04\/09\/trump-tariffs-threaten-global-growth-and-raise-risk-of-severe-shocks-says-bank-of-england\/","title":{"rendered":"Trump tariffs threaten global growth and raise risk of \u2018severe shocks\u2019, says Bank of England"},"content":{"rendered":"<p>Levies have heaped pressure on government finances and increased chance of \u2018further sharp correction\u2019, report warns<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theguardian.com\/business\/2025\/apr\/09\/donald-trump-unleashes-new-wave-of-tariffs-against-dozens-of-countries-china\">Trump imposes new tariffs on dozens of partners<\/a><\/li>\n<li><a href=\"https:\/\/www.theguardian.com\/business\/2025\/apr\/09\/dramatic-sell-off-of-us-government-bonds-as-tariff-war-panic-deepens\">Dramatic sell-off of US government bonds<\/a><\/li>\n<li><a href=\"https:\/\/www.theguardian.com\/business\/live\/2025\/apr\/09\/stock-share-markets-us-china-trade-trump-tariffs-business-news-live-updates\">Business live \u2013 latest updates<\/a><\/li>\n<\/ul>\n<p>Donald Trump\u2019s sweeping tariffs have put global growth at risk, the Bank of England has warned, heaping pressure on government finances and increasing the likelihood of \u201csevere shocks\u201d to the financial system.<\/p>\n<p>The Bank\u2019s financial policy committee (FPC) said its global risk environment had deteriorated and \u201cuncertainty had intensified\u201d since its last update in November, with US tariff announcements contributing to a \u201cmaterial increase in risks to global growth\u201d and inflation levels.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/apr\/09\/trump-tariffs-threaten-global-growth-and-raise-risk-of-severe-shocks-says-bank-of-england\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Levies have heaped pressure on government finances and increased chance of \u2018further sharp correction\u2019, report warns Trump imposes new tariffs on dozens of partners Dramatic sell-off of US government bonds Business live \u2013 latest updates Donald Trump\u2019s sweeping tariffs have put global growth at risk, the Bank of England has warned, heaping pressure on government &#8230; <a title=\"Trump tariffs threaten global growth and raise risk of \u2018severe shocks\u2019, says Bank of England\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2025\/04\/09\/trump-tariffs-threaten-global-growth-and-raise-risk-of-severe-shocks-says-bank-of-england\/\" aria-label=\"Read more about Trump tariffs threaten global growth and raise risk of \u2018severe shocks\u2019, says Bank of England\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-38339","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/38339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=38339"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/38339\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=38339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=38339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=38339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}