US-China rift hurts British exports: Report

Chinese shipping containers seen at the Port of Long Beach, Los Angeles, on Sept 29, 2018.
Chinese shipping containers seen at the Port of Long Beach, Los Angeles, on Sept 29, 2018.PHOTO: AFP

The trade brawl between the US and China is drawing blood elsewhere in the world, with £1.9 billion (S$3.4 billion) worth of British exports taking the hit this year, according to a report.

British exports have been particularly hurt by US tariffs imposed on Chinese products because the UK is an integral part of the supply chain of the world's second-largest economy, said the Centre for Economics and Business Research, a London-based economic consultancy.

Last month, US President Donald Trump announced tariffs on US$200 billion (S$275 billion) worth of Chinese imports to top off the original list of US$50 billion.

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A version of this article appeared in the print edition of The Straits Times on October 04, 2018, with the headline 'US-China rift hurts British exports: Report'. Print Edition | Subscribe