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UK exports to U.S. plunge by 25% after Trump’s ‘liberation day’ tariffs blitz

Official data shows the drop followed a 10% blanket tariff and new duties on car exports, Scotch whisky and other spirits, the ONS said.

  • UK goods exports to the United States plunged 24.7%, or £1.5 billion, following President Donald Trump's "liberation day" tariff blitz, according to Friday data from the Office for National Statistics.
  • Britain's exports have remained muted since Trump introduced a 10% blanket tariff on most British imports in April 2025, ending the zero-tariff trade environment.
  • Car and pharmaceutical exports declined, driving the downturn, while rising imports led to a trade deficit with the United States for three consecutive months starting in December 2025.
  • President Trump announced Thursday he would remove tariffs on Scotch whisky "in honor" of King Charles III and Queen Camilla, following their state visit.
  • Exporters face a "triple squeeze" of higher trading costs, taxes, and input price pressures, eroding margins and complicating international competition, despite the removal of whisky tariffs.
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Insider Paper broke the news on Friday, May 1, 2026.
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