Donald Trump announced his new tariffs in the Rose Garden at the White House.Donald Trump’s tariffs have been blamed after experts issued a bleak warning about the state of the UK economy.In a major blow for Rachel Reeves, the International Monetary Fund forecast Britain’s gross domestic product (GDP) will grow by 1.1% in 2025 – well down on their previous prediction of 1.6%.UK inflation is also set to hit 3.1% later this year, compared to the previous forecast of 2.4%, largely due to prices like water and electricity rising from April.The IMF said the trade war sparked by Trump’s decision to slap 10% tariffs on imports from most countries to the US, plus 25% taxes on steel and cars, was largely to blame for the worsening global economic outlook.Pierre-Olivier Gourinchas, the organisation’s top economist, said: “While many of the scheduled tariff increases are on hold for now, the combination of measures and countermeasures has hiked US and global tariff rates to centennial highs.“For this reason, we expect that the sharp increase on April 2 in both tariffs and uncertainty will lead to a significan