The UK’s trade deficit in goods ballooned to a record £56.6 billion in the three months after Donald Trump launched his “liberation day” blizzard of tariffs, official figures show today.
The Office for National Statistics (ONS) said UK exports of physical goods, excluding precious metals, slumped by £6.5 billion from £100.1 billion to £93.6 billion in the April to June quarter. Imports of goods fell slightly from £150.8 billion in the first quarter to £150.2 billion in the second quarter.
