Bank of England Governor Andrew Bailey urged the United States on Wednesday to settle its concerns about the global economy through dialogue rather than the kind of import tariffs that U.S. President Donald Trump has imposed this week.

Andrew Bailey (pictured) said Britain must 'dig in' to face up the threat after tariffs levied by the US President sparked a wave of tit-for-tat retaliation.

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The Bank of England’s Governor, Andrew Bailey, has called on the United States to settle its concerns about the global economy through dialogue rather than the kind of import tariffs that US President Donald Trump imposed this week.