UK's exports to the US drop 25% after Trump imposes tariffs
¬ US media: US debt exceeds economic output for the first time since WWII
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According to data from the UK Office for National Statistics, following President Trump's imposition of tariffs, UK goods exports to the US declined by 25%, falling to £4.7 billion (approximately $6.4 billion).
The UK Office for National Statistics reported: "After the tariff increase, UK goods exports to the US dropped by £1.5 billion (a decline of 24.7%) in April 2025 compared to March 2025, decreasing to £4.7 billion."
As of February 2026, export levels have not recovered to previous levels. Furthermore, after the tariff increase, the UK's trade with the US shifted into deficit, reaching a deficit of £1.5 billion in February this year.
Last year, Trump decided to impose import tariffs on various countries based on 1970s-era legislation. Earlier this year, the US Supreme Court ruled that the tariffs set by the president under these laws lacked legal basis. Following this decision, Trump uniformly imposed a 10% tariff.
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According to reports cited by Fox Business Network, citing US budget-related documents, as of the end of March, the country's total national debt surpassed its GDP for the first time since the end of World War II.
According to estimates from the US Bureau of Economic Analysis, as of March 31, the total US debt amounted to approximately $31.27 trillion. At the same time, the estimated size of the US GDP at that time was around $31.22 trillion.
Reportedly, the last time such a situation occurred was in 1946, when US debt accounted for 106% of GDP.
Source: sputniknews
Original: toutiao.com/article/1864001633384523/
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