UK Inflation Impacted by Trade Wars, Says Bank of England Official

U.S. President Donald Trump's trade wars are influencing inflation in the United Kingdom, according to Bank of England policymaker Catherine Mann. Bloomberg posted on X that Mann highlighted China's response to U.S. tariffs, which includes increasing prices on exports to Britain to offset the costs. This development is seen as a contributing factor to rising inflation in the UK. Mann's comments underscore the broader global economic implications of the ongoing trade disputes initiated by the United States.