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