Trump trade war: How UK figures show his tariff argument doesn't add up
4 Articles
4 Articles
UK trade figures show which industries are most at risk from US tariffs
New official data has suggested that a number of key UK industries are exposed to the worst effects of tariffs should a trade deal not be agreed between the Labour government and the Trump administration
Trump Trade War: How UK Figures Show His Tariff Argument Doesn't Add Up - Great Yorkshire Radio
The first is that the US remains a vital customer for UK businesses, the largest single-nation export market for British goods and the third-largest import partner, critical to the UK automotive industry, already landed with a 25% tariff, and pharmaceuticals, which might yet be. In 2024 the US was the UK’s largest export market for cars, worth £9bn to companies including Jaguar Land Rover, Bentley and Aston Martin, and accounting for more than 2…
UK INDUSTRY TO SLASH JOBS SOON UNLESS TRADE AGREEMENT SECURED
Thu 24 April 2025: Britain’s manufacturers will start cutting jobs “within weeks” unless the government can strike a deal to safeguard the UK economy from US President Donald Trump’s trade war, industry leaders have told MPs. Senior executives from the UK’s automotive, manufacturing and energy sectors warned a committee of MPs to expect job losses […]
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