Statement
Published: 2 April 2025
BritishAmerican Business Statement on New US Tariffs on UK Exports
Share this page
Contact: Dominic Parker, Senior Communications and Media Manager, BritishAmerican Business
dparker@babinc.org | +44 7500 115352
Commenting on today’s announcement of a 10% tariff on all UK exports to the USA, BritishAmerican Business CEO Duncan Edwards said:
“BritishAmerican Business members will be disappointed to see that new tariffs are being imposed on imports from Britain and elsewhere into the USA. The 10% general tariff is unhelpful but is significantly lower than many had feared and than has been imposed on many other major US trading partners, including the EU.
“The Steel and Car tariff rates are also confirmed and for UK car exporters in particular, the 25% tariff is going to be a blow.
“On a more positive note, the door is very clearly open for the UK government to continue the good work it has been doing in Washington to try to reach an agreement with the US. Our hope is that an agreement can be reached soon resulting in lower tariff and non-tariff barriers for both countries.”
About BritishAmerican Business
BritishAmerican Business is the leading transatlantic trade association incorporating the British-American Chamber of Commerce in the US and the American Chamber of Commerce in the UK.
We are committed to strengthening the economic corridor between the United States and the United Kingdom by supporting policies and actions that protect and enhance the environment for transatlantic trade and investment on behalf of our members.
We convene and serve a growing network of companies and business leaders through networking opportunities, bespoke programming and marketing platforms. We actively promote trade and investment and support those who make the transatlantic corridor part of their business growth ambition.