UK exports to US plummet in wake of Trump tariffs
British exports to the US have plummeted to their lowest level in three years in the wake of Donald Trump’s swingeing tariffs. The 13.5 per cent fall comes despite a much-lauded US-UK trade agreement, designed to protect businesses from the worst of the added costs.Ministers are now facing calls to secure part of the deal that is still outstanding, on steel and aluminium, which still have a 25 per cent levy imposed on exports to the US.The wider tariffs have seen an extra 10 per cent slapped on goods from most UK sectors, ranging from food and drink to chemicals, the British Chambers of Commerce (BCC) said.Comparing the goods exported in the three months to June with the same quarter a year ago, the BCC said sales were £2bn lower, a drop of 13.5 per cent year-on-year. Trump imposed tariffs on countries around the world, including the UK More
