UK goods exports to US have not recovered from Trump’s tariffs
Britain has been pushed into an unusual trade deficit with its largest trading partner
Related reading
UK trade deficit for goods hits record high in 2025
Official figures show Britain also recorded historic services surplus
Live: How US tariffs have changed from April to August
US President Donald Trump announces levies on dozens of countries and formalises some trade deals
US goods exports tumble by most since 2020 as Trump’s tariffs disrupt trade
Figures are the latest to show the distortion to trade caused by the US president’s ‘liberation day’ trade levies
UK to focus new trade strategy on boosting services exports
Trade minister Douglas Alexander says policy will also involve strengthening anti-dumping defences amid Trump’s tariff war
Don’t be fooled — everything has changed for the global economy
Damage caused by US tariffs has so far been muted but that won’t last
The global economy turns out to be more resilient than we had feared
Trump’s tariffs have not led to the kind of retaliatory action many expected