Exports to US slump at record pace in ‘payback’ after rush ahead of tariff hikes

British exports slumped by nearly 9% in April (PA) - (PA Wire)

British exports slumped by nearly 9% in April after a record drop in goods exported to the US following President Donald Trump’s move to hike tariffs, official figures have shown.

The Office for National Statistics (ONS) said the value of goods exported to America tumbled by £2 billion in April – the fastest pace since records began in 1997.