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The UK is one of very few countries that has a broad trade balance with the US on goods, which may help to shelter it from President Trump's reciprocal tariffs, while its growing trade in services shows where future growth may lie, the Resolution Foundation said today (Friday) in response to new ONS data on US-UK trade. The ONS data shows that the UK has a goods trade balance with the US - importing £57.1 billion of goods last year and exporting £59.3 billion of goods. [Read Full Article] |
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