UK exports to US drop 25% after Trump tariffs; trade deficit grows despite Scotch whisky tariff lift

UK goods exports to the US fell by about 25% following President Trump's tariffs introduced in April 2025, leading to a sustained decline in trade. This drop caused the UK to run a trade deficit with its largest trading partner for three consecutive months. While Trump recently lifted tariffs on Scotch whisky to honor King Charles III, this concession alone is unlikely to reverse the overall trade deficit. The tariffs, combined with rising costs, have pressured UK exporters and could impact the country's economic growth.