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The economy contracted in May for the second month in a row, adding to pressure on the chancellor.
There had been reports in recent weeks that the chancellor was going to cut the £20,000 limit.
Package holidays from the UK to popular destinations are more expensive but there are ways to cut costs.
Trump has threatened blanket levies of 15% or 20% on most trade partners, and says he will soon announce new tariffs on the EU.
The US president has reset the tariffs clock again, leaving Asia's export-driven economies in limbo.

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