British goods exports to the US plunged by £2 billion in April—down 33% from March—following new tariffs imposed by US President Donald Trump. Official data shows this is the steepest drop since records began in 1997, widening the UK’s goods trade deficit to £23.2 billion, its highest in over three years.
UK Exports to US Crash by £2 Billion (RM11 Billion) Amid Trump’s Tariffs
The slump, worsened by pre-tariff export rushes in March, hurt GDP growth and impacted key industries like car manufacturing. While a draft deal to remove certain tariffs exists, its implementation is pending. The British Chambers of Commerce warned exporters now face reduced orders, rising costs, and ongoing economic uncertainty.
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