JLR is a high exporter to the United States] The UK’s trade relationship with the US is most reliant on the exchange of services, with exports to the US valued at £129bn in the 12 months to 2024 alone.
Prime minister Sir Keir Starmer indicated on Monday in Brussels that the UK should not have to choose between the US and the EU, saying: “In relation to the US and the EU, or Europe more generally, if you look at our vital interests, it's really important that we work with both and we don't see it as an either/or.”.
The US is the UK’s largest single trading partner, although the UK imports more goods, including things such as food, cars, machinery and medicines from Germany.
Tariffs on UK goods exported to the United States may still be on the cards, though Mr Trump has said a deal “can be worked out” - but an EU tariff decision is “going to be pretty soon”.
As Donald Trump wields the threat of tariffs on EU and even UK goods, which industries would be worst affected and could the two trading partners develop closer ties?
