
US tariffs are ‘here to stay’, warns Bank of England rate-setter
Alan Taylor indicated that tariffs could lead to shockwaves across the economy for ‘many years’.
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US tariffs are ‘here to stay’, warns Bank of England rate-setter
Alan Taylor indicated that tariffs could lead to shockwaves across the economy for ‘many years’.
By Henry Saker-Clark
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Futures Slide As Renewed Tariff Turmoil Shakes Global Markets Stock futures slumped after Trump’s weekend tariff tantrum added uncertainty to American trade policy and was another blow to bullish outlooks for 2026. The Supreme Court’s tariff ruling means a big source of fiscal revenue from 2025 may have to be refunded (although if it is refunded to US consumers, who bore the brunt of tariffs as most liberals analysts concluded, it would represent a huge pre-midterm stimulus). As...
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