Statement

Published: 12 March 2025

BritishAmerican Business Statement on Steel and Aluminium Tariffs

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Contact: Dominic Parker, Senior Communications and Media Manager
dparker@babinc.org | +44 7500 115352

Commenting on the introduction of the Steel and Aluminium tariffs on March 12th, BritishAmerican Business CEO, Duncan Edwards said:

“The new US administration has set out to be a pro-business, pro-growth government and there is much in its agenda that our members will be encouraged by. However, imposing tariffs on a close trading partner like the UK, does not feel helpful to either country. Rather than fostering economic growth, these measures introduce unnecessary friction in a strong and mutually beneficial trade relationship.

“We welcome the UK government’s decision not to introduce its own retaliatory tariffs, and we hope discussions between the two governments can help reduce trade and investment barriers, strengthen economic ties, and ensure businesses on both sides of the Atlantic can thrive.”

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.