UK exports to the U.S. plunge by most on record as tariffs bite
- On Wednesday, Canada's exports to the U.S. fell nearly a third in April, with auto exports dropping 23%, marking the largest monthly decline since 1997.
- Since March, U.S. tariffs targeted steel, aluminum, and autos, making April the first full month of duties that sharply impacted Canada's automotive exports and manufacturing.
- Statistics Canada reported a 17% decline in auto shipments to the U.S. in April, with Kingston citing a '25% tariff' making vehicle production challenging.
- U.S. automakers GM and Stellantis announced layoffs and shutdowns, while Ontario carmakers slashed production and laid off workers amid tariff impacts.
- Canada’s record export decline and auto sector hit underscore the urgent need for U.S. tariff removal to restore North American production.
48 Articles
48 Articles
North American Plastics Machinery Shipments Drop Again In Q1 2025 - Canadian Plastics
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Euro Zone Industry Faces Major Setbacks Amid U.S. Tariff Challenges
Euro Zone Industry Faces Major Setbacks Amid U.S. Tariff Challenges In a month riddled with economic setbacks, Euro zone industry and trade faced substantial declines in April, with industrial production falling 2.4%, as per Eurostat data released on Friday.The downturn is largely attributed to U.S. tariff announcements, which prompted American firms to expedite purchases earlier in the year.The data reveals a significant drop in the euro zone's…
Trump Tariff Chaos Weighs on Trade With UK
Exports to the US – the country the UK trades with the most with – saw its largest monthly decrease in April since records began, official data has shown. The onset of President Trump’s trade war with some of his closest allies and foes put governments on standby as major forecasters warned the world economy would suffer from painful tariffs on goods. Fresh data published by the Office for National Statistics showed the UK was not immune to tu…
British Exports to US Suffer Record Slump as Tariffs Take Effect
UK exports to the United States suffered a sharp drop of 8.8 percent in April, as the effect of U.S. President Donald Trump’s sweeping tariffs began to take effect, official data revealed on June 12. After rising for the past four months, British goods exports declined significantly, by 2.7 billion pounds ($3.7 billion) in April 2025, with falls in exports to both the EU and non-EU countries. “After increasing for each of the four preceding mont…
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