Updated
Updated · smeweb.com · May 1
UK goods exports to the United States fall almost 25% after tariffs
Updated
Updated · smeweb.com · May 1

UK goods exports to the United States fall almost 25% after tariffs

10 articles · Updated · smeweb.com · May 1
  • ONS data showed a £1.5bn monthly drop in April 2025, leaving exports £0.8bn, or 14.1%, below April 2024 levels.
  • March exports had surged to £6.2bn, likely from stockpiling before tariffs, but car exports then fell and stayed below pre-tariff levels while UK imports from the US exceeded exports for three months.
  • By late February 2026, 33% of UK exporters reported tariff effects and 18.7% cited extra costs, while exports were slightly redirected towards Hong Kong and Germany.
Are US tariffs permanently rerouting global trade, pushing the UK to find more reliable economic partners?
If tariffs raise consumer prices without boosting jobs, what is the actual economic goal of the current US policy?