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Trump's trade wars should prompt U-turn in Labour economic policy, say communists
President Donald Trump speaks as he signs executive orders in the Oval Office at the White House, January 30, 2025, in Washington
TRUMP’S trade wars and vanishing growth prospects demand a U-turn in economic policy from Labour, the Communist Party said today.
The US president’s announcement of aggressive tariffs against Canada, Mexico and China has sparked fears international trade will be disrupted and prices driven up.
Economic forecasters are also expected to downgrade British growth prospects for 2025 again tomorrow.
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