Keir Starmer has been warned to prioritize resetting Britain’s relationship with the EU and addressing trade barriers to counteract potential tariffs from Donald Trump. With Trump’s reelection and plans for protectionist tariffs, fears of economic decline are rising. Foreign Secretary David Lammy warns against US trade tariffs, emphasizing the need to maintain strong alliances. Trade expert David Henig urges Starmer to renegotiate Brexit deal to mitigate potential economic damage from Trump’s policies.
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Eurozone inflation falls below target to 1.9%
Eurozone Inflation Drops Below ECB TargetIn May, Eurozone inflation fell to 1.9%, below the European Central Bank's (ECB) 2% target for the first time in seven months, leading economists to predict potential interest rate cuts. The euro declined by 0.3% following the data release, with expectations for a quarter-point rate cut to 2% anticipated at the ECB's upcoming meeting. Analysts suggest further easing is likely, with core inflation also decreasing to 2.3%, indicating a trend...
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