UK Increases Export Finance Support to Counteract Tariff Impacts

17 April, 2025 by
UK Increases Export Finance Support to Counteract Tariff Impacts
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In light of recent US-imposed tariffs, the UK government has announced an expansion of export finance support by £20 billion, elevating the total lending capacity of UK Export Finance to £80 billion.​

Of this, £10 billion is specifically allocated to support industries most affected by the tariffs, including steel, aluminum, and automotive sectors. Additionally, small and medium-sized enterprises will have access to loans of up to £2 million through the British Business Bank's Growth Guarantee Scheme.​

Vietnam Steel by Hoa Sen Group

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