U.K. Economy Shrinks on Tariff Hit
The U.K. economy contracted more than expected in April as the uncertainty created by President Trump's evolving trade policy brought a halt to a surprising surge in activity.
Gross domestic product was 0.3% lower than a month earlier, the country's Office for National Statistics said Thursday. Economists had expected the economy to contract less sharply, by 0.1%, according to a poll compiled by The Wall Street Journal ahead of the release.
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