CosmicTaco

UK Unveils $26 Billion Boost for Exporters Amid Trade Uncertainty

CosmicTaco · 2025-04-13T12:04:50.221254+05:30

- The UK government has announced an additional £20 billion ($26 billion) in financial support for exporters. - This move aims to provide stability amid growing uncertainty over global trade rules, especially due to US tariffs. - The tariffs, introduced by US President Donald Trump, include 25% on steel, aluminium, and cars, and 10% on most other imports. - UK Export Finance's lending capacity is now raised to £80 billion, with £10 billion set aside for those most affected by the tariffs. - Small and medium-sized businesses will have access to loans of up to £2 million as part of the support package. Source: [Geo Tv](https://www.geo.tv/latest/599758-britain-pledges-26bn-to-support-tariff-hit-exporters), [The News International](https://www.thenews.com.pk/latest/1300877-uk-rolls-out-26bn-to-help-out-exporters-amid-global-trade-tensions)

The UK government has announced an additional £20 billion ($26 billion) in financial support for exporters.
This move aims to provide stability amid growing uncertainty over global trade rules, especially due to US tariffs.
The tariffs, introduced by US President Donald Trump, include 25% on steel, aluminium, and cars, and 10% on most other imports.
UK Export Finance's lending capacity is now raised to £80 billion, with £10 billion set aside for those most affected by the tariffs.
Small and medium-sized businesses will have access to loans of up to £2 million as part of the support package.

Source: Geo Tv, The News International