Article 6Y86Z Chinese exports to UK rise as firms seek to avoid US tariffs

Chinese exports to UK rise as firms seek to avoid US tariffs

by
Heather Stewart Economics editor
from Economics | The Guardian on (#6Y86Z)

Data shows 16.1% jump as Bank of England suggests influx of cheaper goods could bear down on inflation

Chinese exports to the UK jumped in May, according to data from Beijing, raising the prospect of a flood of cut-price goods as firms look for alternative markets to avoid Donald Trump's tariffs.

Data published by the Chinese government showed a 16.1% increase in exports to the UK in May compared with the same month last year, hitting the highest level since February 2022.

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