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.
