Trump tariffs could hit UK goods trade as hard as Brexit, says think tank

UK goods exports have stagnated since Brexit, and could face further headwinds if Donald Trump introduces general tariffs (Joe Giddens/PA) - (PA Wire)

Donald Trump’s threatened tariffs could hit UK trade with the US as badly as Brexit affected trade with the EU, a leading think tank has said.

In a report published on Wednesday, the Resolution Foundation said British trade since Brexit had been “a tale of two sectors”, with service exports growing strongly but goods exports stagnating.