Politics2/9/2026•Bloomberg
BOE’s Mann Says China Is Raising Export Prices Due to US Tariffs
Bank of England policymaker Catherine Mann stated that China is increasing export prices to the UK to offset the costs of U.S. tariffs imposed by President Donald Trump's trade wars. This is contributing to inflation in the UK. Mann's comments suggest that the ongoing trade tensions between the U.S. and China are having a ripple effect on the UK economy, leading to higher prices for British consumers. The article indicates that the Bank of England is closely monitoring the impact of these international trade dynamics on the country's inflation rate and economic conditions.
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