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commerce
shāng yè
商业
·HSK 5

United Kingdom
Yīngguó
英国
to the US / toward the US
duì Měi
对美
exports
chūkǒu
出口
due to / because of
yīn
Trump (Donald Trump)
Tèlǎngpǔ
特朗普
tariff / customs duty
guānshuì
关税
to plunge / to crash
bàodiē
暴跌
25 percent
25%
25%

United Kingdom
Yīngguó
英国
Office for National Statistics (ONS)
Guójiā Tǒngjìjú
国家统计局
data / statistics
shùjù
数据
to show / to indicate
xiǎnshì
显示
since / from
Trump (Donald Trump)
Tèlǎngpǔ
特朗普
last year
qùnián
去年
to implement / to enforce
shíshī
实施
tariff
guānshuì
关税
since (a time point)
yǐlái
以来
United Kingdom
Yīngguó
英国
toward the US
duì Měi
对美
goods / merchandise
shāngpǐn
商品
exports
chūkǒu
出口
to fall / to decline
xiàdiē
下跌
approximately / about
yuē
24.7 percent
24.7%
24.7%
at the same time / meanwhile
yǔ cǐ tónɡshí
与此同时
United States
Měiguó
美国
toward the UK
duì Yīng
对英
exports
chūkǒu
出口
to continue / to sustain
chíxù
持续
to grow / growth
zēngzhǎng
增长
to lead to / to cause
dǎozhì
导致
UK-US
Yīng-Měi
英美
trade
màoyì
贸易
to appear / to emerge
chūxiàn
出现
trade deficit
nìchā
逆差

May 6, 2026 at 12:20 PM

United Kingdom
Yīngguó
英国
Office for National Statistics
Guójiā Tǒngjìjú
国家统计局
on / at (time marker)
May 1st
wǔyuè yī rì
五月一日
to release / to publish
fābù
发布
report
bàogào
报告
to show / to indicate
xiǎnshì
显示
United Kingdom
Yīngguó
英国
toward the US
duì Měi
对美
goods / merchandise
shāngpǐn
商品
exports
chūkǒu
出口
to fall
xiàdiē
下跌
approximately
yuē
24.7 percent
24.7%
24.7%
this
zhè
equivalent to / amounting to
xiānɡdānɡyú
相当于
export value
chūkǒu é
出口额
to decrease / to reduce
jiǎnshǎo
减少
approximately
yuē
1.5 billion British pounds
15 yì Yīngbàng
15亿英镑
since / from
last year
qùnián
去年
April
sìyuè
四月
Trump (Donald Trump)
Tèlǎngpǔ
特朗普
to announce
xuānbù
宣布
so-called
suǒwèi
所谓
Liberation Day (tariff announcement date)
jiěfàng rì
解放日
tariff
guānshuì
关税
since (a time point)
yǐlái
以来
United Kingdom
Yīngguó
英国
automobile / car
qìchē
汽车
exports
chūkǒu
出口
to continue
chíxù
持续
sluggish / depressed
dīmí
低迷
at the same time / meanwhile
yǔ cǐ tónɡshí
与此同时
United States
Měiguó
美国
toward the UK
duì Yīng
对英
imports
jìnkǒu
进口
in / during
zài
early 2026
2026 nián chū
2026年初
to increase
zēngjiā
增加
to lead to / to cause
dǎozhì
导致
United Kingdom
Yīngguó
英国
consecutively / in a row
liánxù
连续
three months
sān gè yuè
三个月
toward the US
duì Měi
对美
to appear / to emerge
chūxiàn
出现
trade
màoyì
贸易
trade deficit
nìchā
逆差
exporters
chūkǒushāng
出口商
to face / to be confronted with
miànlín
面临
tariff
guānshuì
关税
labor costs / employment costs
yòng gōng chéngběn
用工成本
to rise / to increase
shàngshēng
上升
and / as well as
raw materials
yuáncáiliào
原材料
price
jiàgé
价格
pressure
yālì
压力
triple / threefold
sānchóng
三重
squeeze / compression
jǐyā
挤压
survey / investigation
diàochá
调查
to show / to indicate
xiǎnshì
显示
approximately
yuē
33 percent
33%
33%
structural particle
de
United Kingdom
Yīngguó
英国
export
chūkǒu
出口
enterprise / company
qǐyè
企业
to state / to indicate
biǎoshì
表示
to be affected by
shòudào
受到
United States
Měiguó
美国
tariff
guānshuì
关税
impact / shock
chōngjī
冲击
currently / at present
mùqián
目前
UK-US
Yīng-Měi
英美
trade
màoyì
贸易
negotiations
tánpàn
谈判
still / continuing
réng zài
仍在
in progress / underway
jìnxíng zhōng
进行中
steel
gāngtiě
钢铁
tariff
guānshuì
关税
already
in / under
zài
partial / some
bùfen
部分
agreement
xiéyì
协议
under the framework of
kuàngjià xià
框架下
to cancel / to remove
qǔxiāo
取消

New Words

shāngpǐn
商品
goods/merchandise
chūkǒu
出口
exports
xiàdiē
下跌
to fall/decline
guānshuì
关税
tariff
chíxù
持续
to continue
dīmí
低迷
sluggish/depressed
màoyì nìchā
贸易逆差
trade deficit
yòng gōng chéngběn
用工成本
labor costs
yuáncáiliào
原材料
raw materials
chōngjī
冲击
impact/shock
xiéyì
协议
agreement
kuàngjià
框架
framework

News in English

Business

UK Goods Exports to US Plunge 25 Percent Following Trump Tariff Blitz

UK Office for National Statistics data shows goods exports to the US fell approximately 24.7 percent since Trump implemented tariffs last year. Meanwhile, US exports to the UK continued to grow, pushing the UK into a trade deficit with its largest trading partner.

The UK Office for National Statistics released a report on May 1st showing that UK exports of goods to the United States fell by approximately 24.7%.

This is equivalent to a decline in export value of approximately 1.5 billion British pounds.

Since Trump announced so-called Liberation Day tariffs last April, UK automobile exports have remained consistently sluggish.

Meanwhile, US imports to the UK increased in early 2026, leading to the UK experiencing a trade deficit with the US for three consecutive months.

Exporters face triple pressure from tariffs, rising labor costs, and raw material price pressures.

A survey shows that approximately 33% of UK export enterprises report being impacted by US tariffs.

Currently, UK-US trade negotiations continue, with steel tariffs already being cancelled under a partial agreement framework.

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zhōngguó
中国
plan
jìhuà
计划
2026
2026 nián
2026年
artificial intelligence
AI
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chip
xīnpiàn
芯片
production capacity
chǎnéng
产能
triple
fān sānbèi
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China
zhōngguó
中国
artificial intelligence
AI
AI
chip
xīnpiàn
芯片
manufacturers
zhìzàoshāng
制造商
revenue
yíngshōu
营收
significantly
dàfú
大幅
grow
zēngzhǎng
增长

Chinese AI Chipmakers Report Soaring Revenue Growth in 2026 Earnings Season

United States / American
Měiguó
美国
July
7 yuè
7月
Consumer Price Index (CPI)
CPI
CPI
only / merely
jǐn
to rise / to go up
shēng
0.1 percent
0.1%
0.1%
interest rate hike
jiā xī
加息
worry / concern
dānyōu
担忧
to ease / to alleviate
huǎnjiě
缓解

US July CPI Rises Just 0.1 Percent as Tame Inflation Data Boosts Markets

Trian Fund Management (investment firm)
Tèlǐān Jījīn
特里安基金
to plan / plan
jìhuà
计划
to acquire / takeover
shōugòu
收购
Wendys (fast-food chain)
Wēndí
温迪
stock price
gǔjià
股价
to rise / to go up
shàngzhǎng
上涨
13 percent
13%
13%

Trian Fund Prepares Bid to Take Wendys Private as Stock Jumps 13 Percent