Mark Haefele, chief investment officer at UBS Global Wealth Management, added: “Even if tariffs are ultimately reduced by year-end, the near-term shock and associated uncertainty is likely to drive a near-term slowdown in the US economy and reduce full-year 2025 growth to closer to or below 1%.”
FTSE 100 Live 03 April: Stocks and dollar weaken on tariffs shock, Currys shares bounce
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