The Bank of England has raised concerns about potential risks to economic growth as global markets remain volatile in the wake of new tariffs imposed by the Trump administration. The central bank's latest remarks come amid growing uncertainties surrounding international trade, particularly between the United States and other major economies.

In its most recent business update, the Bank of England acknowledged the destabilizing effects that escalating trade tensions and tariff hikes could have on both domestic and global markets. The tariffs, part of the ongoing trade dispute between the U.S. and various trading partners, have already led to fluctuations in market performance and disrupted supply chains worldwide.

Economists warn that these trade uncertainties could dampen investor confidence and slow down economic activity, particularly in industries reliant on global trade. The Bank of England has urged policymakers to closely monitor the situation and adapt their strategies to safeguard economic stability.

While the UK economy has shown resilience in recent months, experts caution that the prolonged uncertainty caused by the tariff dispute could undermine growth prospects in the medium to long term. The central bank's warning highlights the need for a careful and coordinated approach to ensure that global trade tensions do not hinder the UK's recovery from economic challenges.

The situation remains fluid, and the Bank of England continues to keep a close watch on how the tariff policies unfold, with the potential for more policy interventions depending on the developments in global trade.