Episodes

  • US Tariffs Slam UK Exports Down 13.5 Percent Amid Trade Tensions President Trump Imposes Steep Duties on British Goods

    US Tariffs Slam UK Exports Down 13.5 Percent Amid Trade Tensions President Trump Imposes Steep Duties on British Goods
    Aug 15 2025
    Listeners, welcome back to United Kingdom Tariff News and Tracker, your essential update for all the latest on tariffs, trade deals, and what’s driving the economic headlines between the US and the UK in August 2025.

    The big story this week is the sharp impact of recent US tariffs on UK exports. According to The Independent, British exports to the US have dropped by 13.5 percent compared to last year, marking the lowest levels seen in three years. This decline is directly linked to a set of steep tariffs introduced by President Trump, with most UK sectors now facing an extra 10 percent duty on goods ranging from food and drink to chemicals. The British Chambers of Commerce confirmed these new “reciprocal” US tariffs hit UK exporters especially hard over the last quarter, translating to a loss of around £2 billion in sales.

    Despite the turbulence in goods trade, there has been a bright spot for the UK in service exports, which showed strong growth in the last quarter. However, UK manufacturers, particularly those reliant on transatlantic trade, are feeling the squeeze as tariff-induced costs rise. Industry leaders say the full implementation of the new UK-US trade deal is urgently needed, especially to ease pressures on critical sectors such as steel and aluminium. Yet the recent deal signed by Trump and Prime Minister Starmer at the G7 in June notably failed to secure exemptions for UK steel exports, leaving them subject to a hefty 25 percent US levy, which unions warn continues to threaten British jobs.

    For some sectors, there have been partial tariff reductions. As of June 30, 2025, there are zero tariffs on UK civil aerospace vehicles and parts, but copper exports have been hit with fresh 50 percent duties. Automobiles and automotive parts now face a general US tariff rate of 10 percent, which is lower than for some other global competitors, according to Seneca Trade Partners, but still adds significant costs for UK carmakers.

    Observers note that the complex relationship between Donald Trump’s administration and the UK continues, with both sides seeking closer trade ties but struggling over market rules and ongoing disputes. Dan Hannan in The Washington Examiner suggests that while Trump remains one of the most pro-British American presidents in recent memory, deeper hurdles—like the UK’s adherence to EU standards—are still limiting a full-blown trade breakthrough.

    That’s your tariff update for today. For ongoing developments on negotiations, sector-by-sector tariff changes, and the state of UK-US trade post-Brexit, keep it with us.

    Thank you for tuning in and don’t forget to subscribe. This has been a quiet please production, for more check out quiet please dot ai.

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    3 mins
  • US Tariffs Threaten UK Steel Exports: Economic Prosperity Deal Hangs in Balance as Trade Tensions Escalate

    US Tariffs Threaten UK Steel Exports: Economic Prosperity Deal Hangs in Balance as Trade Tensions Escalate
    Aug 13 2025
    Listeners, welcome to the United Kingdom Tariff News and Tracker, your source for the latest on tariffs, trade news, and key developments affecting the UK and its American trading partner.

    In the most pressing headline, the United States under former President Donald Trump has continued to upend global trade with new, sweeping tariff measures. According to Trade Compliance Resource Hub, since June 4, 2025, the US has imposed a 50% tariff on most foreign steel and aluminum, doubling the previous rate. However, for the United Kingdom, steel and aluminum exports to the US have stayed at a 25% tariff until July 9, after which the Commerce Secretary can impose a 50% tariff or quotas if the UK is deemed out of compliance with the Economic Prosperity Deal, a non-binding agreement struck in May between the UK and the US.

    GEODIS, a leading freight and customs authority, confirms that these tough tariffs target not just raw materials but also goods containing steel and aluminum, and crucially, eliminate key exemptions that allowed for some relief on products facing multiple tariff measures. That means British exporters now face more uncertainty than ever, with goods departing UK factories priced into a volatile US market.

    According to the Global Trade and Sanctions Law Blog, the Economic Prosperity Deal signed in May offered reciprocal tariff reductions to both sides in areas like automotive, steel, aluminum, and beef, but much of its impact remains pending contingent on US security reviews and further bilateral negotiation. While the UK has thus far avoided direct retaliatory tariffs, London has expanded trade defense measures—in particular, safeguards and anti-dumping actions—focused on sectors threatened by the US measures such as steel.

    On the economic front, The Economic Times reported yesterday that July saw the US take in a record $27.7 billion in tariff revenue. President Trump touts this as proof of his tariff strategy’s success, but economists warn that US businesses and consumers are absorbing most of the cost. The Yale Budget Lab projects that once all Trump-era tariffs are applied, America’s average effective tariff rate will hit 18.6%, a level not seen since the Great Depression. The cascading policy shifts have fueled market worries and left businesses on both sides of the Atlantic wary of long-term investments.

    Wikipedia’s summary of the Liberation Day tariffs highlights just how dramatic the Trump administration’s approach has been, with baseline tariffs of 10% on nearly all countries since April, higher country-specific rates following soon after, and constant legal wrangling. In fact, the United States Court of International Trade ruled in May that Trump’s tariffs overstepped authority, but a federal appeals court put the ruling on pause, so the new rates remain in force while the case is argued—meaning the legal and commercial environment is far from certain for UK exporters.

    In summary, while the UK and the US have demonstrated a willingness to talk and even strike sectoral deals, the current tariff landscape is extremely volatile. Steel and aluminum tariffs could double with only a few weeks’ notice. Tariff unpredictability now threatens investment, business planning, and even long-established UK-US trade patterns.

    Thanks for tuning in to United Kingdom Tariff News and Tracker. Remember to subscribe for weekly updates on tariffs, trade deals, and economic impact between the UK and the US. This has been a quiet please production, for more check out quiet please dot ai.

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    4 mins
  • UK Gains Trade Edge with 10% US Tariff Rate Amid Global Reciprocal Tariff Landscape, Offering Competitive Advantage Over EU Exports

    UK Gains Trade Edge with 10% US Tariff Rate Amid Global Reciprocal Tariff Landscape, Offering Competitive Advantage Over EU Exports
    Aug 11 2025
    You’re listening to United Kingdom Tariff News and Tracker for Monday, August 11, 2025. Here’s what UK exporters and importers need to know right now.

    The United States has activated sweeping “reciprocal tariffs,” and the United Kingdom faces a new baseline tariff of 10% on exports to the U.S., a preferential rate compared with the European Union’s 15% ceiling, according to London School of Economics’ EUROPP and law firm analysis at Saffery & Williams. LSE notes the UK’s 10% rate gives most British goods a 5% price advantage over EU goods in the U.S. market, potentially diverting investment and orders toward the UK, though policy volatility remains a risk, said LSE EUROPP on August 11. Saffery & Williams says the UK negotiated the 10% blanket tariff “on top of pre-April rates,” limiting damage relative to many peers as the measures went live this month.

    According to Caixin, the White House put in place reciprocal tariffs between 10% and 41% effective August 7, with rolling deadlines and ad hoc deals defining the approach. Caixin’s timeline highlights an EU political accord announced July 27 and an executive order July 31 setting the new tariff bands and a 40% duty on goods transshipped through third countries to avoid tariffs. Legal analysis from Mondaq confirms reciprocal tariffs of 10% to 41% on imports from over 60 partners took effect August 7 under the executive action.

    For UK sector impact, Peoples Dispatch reports a U.S.-UK understanding that cut a threatened 27.5% tariff on UK auto exports down to 10%, averting hundreds of millions in additional costs for British carmakers. That aligns with the broader UK 10% baseline cited by LSE EUROPP and Saffery & Williams, suggesting autos now sit at that negotiated floor rather than a punitive rate.

    What this means for UK businesses:
    - The headline U.S. tariff rate on UK goods is now 10%, versus 15% for EU-origin goods, creating a narrow but meaningful price edge in the American market, according to LSE EUROPP and Saffery & Williams.
    - Watch for enforcement on transshipment. Caixin reports a 40% duty on goods routed through third countries to evade tariffs, raising compliance stakes for UK supply chains using hubs.
    - Cost pass-through is real. Fortune reports that U.S. consumers and businesses bear the majority of tariff costs, complicating demand forecasting for UK exporters selling into price-sensitive segments.
    - Logistics may soften. Just Style notes tariff pressures are expected to push U.S. import cargo down about 5.6% in 2025, which could impact volume planning and freight rates that UK shippers face.

    Bottom line for listeners: UK-to-U.S. exports now carry a 10% tariff baseline with a relative advantage over EU competitors, but the policy environment is fluid and enforcement strict. Build tariff contingencies into pricing, audit routes for transshipment exposure, and prioritize sectors like autos that benefit from the capped 10% rate.

    Thanks for tuning in, and make sure to subscribe. This has been a quiet please production, for more check out quiet please dot ai.

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    4 mins
  • US Tariff Shakeup Hits UK Trade Tensions Rise as Trump Administration Implements Sweeping New Import Duties

    US Tariff Shakeup Hits UK Trade Tensions Rise as Trump Administration Implements Sweeping New Import Duties
    Aug 10 2025
    Listeners, welcome to "United Kingdom Tariff News and Tracker," your source for concise updates on tariffs affecting the UK, especially in the context of US policy and the latest from the Trump administration.

    On August 7th, the United States enacted a sweeping new tariff policy under President Trump, impacting more than 90 countries worldwide. These new tariffs range from 0% to as high as 50%, part of what the administration calls a reciprocal tariff strategy designed to pressure trading partners for fairer terms and to bolster American industry. The major shakeup includes a tiered system for the European Union, capping tariffs at 15% based on current duty rates. For the United Kingdom, which remains part of the broader EU customs area for most trade purposes, the maximum applicable US tariff stands at 15%, though key sectors—such as automotive and agriculture—may see preferential treatment in upcoming arrangements, including a tariff-free quota for British beef and reduced auto tariffs as noted by AINvest[JagranJosh, AINvest].

    Recent negotiations between US and UK officials have been fast-paced and, at times, opaque. Despite considerable pressure from Washington, no final agreement has been announced for UK steel exports or certain manufactured goods. White House teams have pushed allies into high-speed talks, trading the usual lengthy, legally binding deals for accelerated political agreements that can be adjusted or revoked at Trump’s discretion, a move described by Mitrade as a break from orthodox multilateral trade diplomacy. These emergency measures are being implemented with little transparency on crucial details such as rules of origin for goods—raising uncertainty for UK exporters worried about potential surges in tariffs if products are determined to contain too much non-UK or Chinese content[Mitrade].

    The economic impact is already substantial. According to The Wire, by mid-2025, the US’s average import tariff had surged from 2.5% pre-Trump to over 18%, with the result being higher consumer prices and inflation on both sides of the Atlantic. Key UK industries—especially car manufacturing and agribusiness—face heightened volatility as negotiations drag on, while financial markets remain jittery in anticipation of further tariff hikes or retaliatory action.

    On the energy front, a surprising source of friction has emerged: Trump has publicly criticized the UK’s restrictions on North Sea oil production, claiming that British policy is abandoning a vast economic resource for the sake of climate goals. In a recent visit and social media posts, he argued that the UK should incentivize oil drilling to lower consumer costs, highlighting philosophical and policy divides that add further tension to the trading relationship[DiscoveryAlert].

    Listeners, that’s the latest on tariffs and trade developments between the US, Trump, and the United Kingdom. Stay tuned as the story evolves and trade talks continue into the autumn. Thank you for tuning in—make sure you subscribe to "United Kingdom Tariff News and Tracker" for future updates. This has been a quiet please production, for more check out quiet please dot ai.

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    4 mins
  • US Tariffs Reshape UK Trade Landscape: Reduced Rates for Britain, Increased Costs for Exporters Under Trump Order

    US Tariffs Reshape UK Trade Landscape: Reduced Rates for Britain, Increased Costs for Exporters Under Trump Order
    Aug 8 2025
    Listeners, here’s the latest on United Kingdom tariffs and US policy, recorded on Friday, August 8th, 2025.

    Following President Trump’s July 31 Executive Order, sweeping new US tariffs took effect yesterday, August 7th, reshaping the global trade landscape. The UK, after intensive negotiation, is now subject to a 10 percent baseline tariff on most goods entering the United States, which is a notably reduced rate compared to many other countries. Canada now faces a 35 percent tariff, Brazil and India are at an unprecedented 50 percent, and Mexico’s rate has been held at 25 percent for an additional 90-day negotiation window. According to The Independent, only select major trading partners managed to lower their rate—Japan, South Korea, and the European Union settled at 15 percent after making commercial concessions.

    British exporters should note that specialty tariffs remain: aluminum and steel from the UK are subject to a 25 percent duty, unchanged through these latest updates. For automobiles, there is a 25 percent tariff on cars, though the UK benefitted from a quota system and some tariff offsets on parts, following an agreement struck in April. USTR notices confirm these rates will stay in effect, intended to support US domestic production and, as the Trump administration argues, rebalance the longstanding trade deficit.

    One headline development impacting UK businesses, especially smaller exporters, is the elimination of the de minimis exemption for low-value shipments under $800. From August 29, all UK goods entering the US will be subject to tariffs regardless of value, a move described by Mitchells as a major blow to UK small and medium-sized exporters.

    US Customs and Border Protection began collecting these new duties at midnight on Thursday. Trump declared "billions of dollars" would flow into the US Treasury, boasting that only trade partners granting concessions or making significant purchases—such as the UK’s commitment to buy $10 billion in Boeing planes—received a preferential tariff rate. Prices on many imported goods, including British products, are already rising, as confirmed by companies updating price tags to offset higher tariff costs.

    The Trump administration continues to frame these tariffs as vital for national security and economic independence, but economists warn the measures could dampen GDP growth and affect both sides of the Atlantic. The OECD and World Bank recently downgraded US growth projections, directly citing the impact of aggressive tariff policies.

    Listeners, that’s the essential rundown on current US tariff actions and what they mean for UK trade. Thanks for tuning in to United Kingdom Tariff News and Tracker. Don’t forget to subscribe. This has been a Quiet Please production, for more check out quiet please dot ai.

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    3 mins
  • UK Faces New 10% US Tariff Amid Global Trade Reshaping Trump Administration Imposes Significant Duties on British Exports

    UK Faces New 10% US Tariff Amid Global Trade Reshaping Trump Administration Imposes Significant Duties on British Exports
    Aug 6 2025
    Listeners, welcome to United Kingdom Tariff News and Tracker, your trusted update on all things tariffs as the global trade landscape reshapes beneath our feet. Today is August 6, 2025, and big changes have just landed for the United Kingdom’s trading relationship with the United States following new executive actions by President Trump.

    As reported by Metro Global and detailed in President Trump’s executive order signed just days ago, the United States has introduced a tiered system of tariffs impacting dozens of trade partners. For the United Kingdom, this means that as of August 7, all UK-origin goods entering the US are now subject to a 10% baseline tariff. This rate reflects successful negotiations between the UK and US, which helped the UK avoid steeper tariffs set for other partners—such as 15% for the European Union or even higher for countries like Canada, India, and Switzerland. For context, Canada now faces a staggering 35% tariff on most goods, while India faces 25% and Switzerland is hit particularly hard at 39%, based on the current rate schedule described in Metro Global’s August tariff update.

    For UK businesses, the 10% tariff covers a sweeping range of imports, most notably affecting manufacturing, automobiles, and specialty food exports. While not as severe as those imposed elsewhere, this rate is still the highest the UK has faced in recent history for US-bound goods. The increased costs mean importers and exporters alike are adjusting sourcing strategies and logistics, especially given the tight window for compliance: only shipments cleared before August 7 can bypass the new duties. Going forward, meticulous documentation proving UK origin is essential to avoid penalties or unintended higher charges.

    According to a recent analysis by Yale Budget Lab and trade policy expert Stephen Roach, these tariffs have sparked the sharpest single increase in US tariffs since 1815, pushing the average effective US tariff rate up to about 18.3% this year. In his substack, Roach notes that the UK and Brazil are unique among the outliers, securing a relatively moderate 10% tariff as a result of strong reciprocal purchasing and recent trade concessions.

    Trump’s push for reciprocal tariffs has been driven by a broader philosophy that trade deficits reflect economic disadvantage. Alongside the new tiered tariff regime, the administration argues this policy will boost US manufacturing and tax revenues, but global institutions and economists remain skeptical, watching for negative impacts on growth across exporting nations.

    Supply chains are in a state of re-mapping. UK companies are being advised to build flexibility and continuously monitor regulatory changes, as further tariff hikes or new sectoral duties could emerge rapidly—particularly as negotiations with China approach a key August 12 deadline.

    Thanks for tuning in to United Kingdom Tariff News and Tracker. Don’t forget to subscribe for all your essential UK–US tariff updates. This has been a quiet please production, for more check out quiet please dot ai.

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    4 mins
  • Trump Imposes Sweeping US Tariffs on UK Imports: Every Shipment Now Taxed, Automotive and Trade Sectors Brace for Impact

    Trump Imposes Sweeping US Tariffs on UK Imports: Every Shipment Now Taxed, Automotive and Trade Sectors Brace for Impact
    Aug 4 2025
    Listeners, welcome to United Kingdom Tariff News and Tracker. Today is August 4, 2025, and there is major news about US tariffs directly impacting the UK and the world of cross-border trade.

    Just days ago, President Trump signed an Executive Order ending the de minimis exemption on all imports, meaning that starting August 29, every shipment entering the United States—regardless of value—will be subject to tariffs. This marks a significant shift for UK exporters, many of whom previously benefited from skipping customs duties on smaller shipments. Trade analysts at Passport Global report that this sweeping change is part of Trump’s push for what he calls “reciprocal tariffs,” applied to most major trading partners including the United Kingdom.

    As of August 1, 2025, the US’s new tariff regime imposed a flat 10% tariff on most UK goods. This followed a 90-day pause on higher rates, which the administration introduced in April while giving countries a final window to negotiate their own trade deals. With talks still ongoing between the UK and the US, the 10% tariff remains in effect, but the White House has warned that country-specific reciprocal tariffs of up to 25% or even 40% could be levied on UK exports if no bilateral deal is reached by the next deadline.

    The automotive sector is one of the hardest hit. According to Ainvest, UK carmakers like Aston Martin and McLaren are feeling the sting of a 25% US tariff on foreign-made cars and components. Some have responded by shifting production to the US, while others are accelerating their focus on electric vehicle components to mitigate the blow. The pharmaceutical and chemical sectors face tariffs as well, though to a lesser degree. Many firms are reallocating their supply chains, investing in domestic and European manufacturing, or tapping digital compliance solutions to keep up with non-tariff barriers.

    The new US trade regime has also driven up prices at home. The Telegraph reports that Trump’s tariffs are estimated to increase costs for American households by around $2,400 for 2025 alone, with economists projecting a 1.8% bump in consumer prices in the short-term. These measures, justified by the Trump administration as protection for US industry and national security, have introduced volatility across global markets and are being closely watched by economists and policymakers worldwide.

    Looking ahead, all eyes remain on whether the UK and US can strike a deal before the next deadline, which could stave off the most punitive tariffs. Meanwhile, UK exporters are diversifying to other markets and streamlining compliance with new digital tools, demonstrating resilience and adaptability in an evolving trade environment.

    Thank you for tuning in to United Kingdom Tariff News and Tracker. Be sure to subscribe for ongoing coverage of the latest tariff changes and their impacts on UK trade. This has been a quiet please production, for more check out quiet please dot ai.

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    3 mins
  • US-UK Trade Tensions Surge: Trump Administration Imposes 10% Tariff on British Exports Amid Global Economic Shift

    US-UK Trade Tensions Surge: Trump Administration Imposes 10% Tariff on British Exports Amid Global Economic Shift
    Aug 3 2025
    Listeners, welcome to United Kingdom Tariff News and Tracker. US-UK trade is under the global spotlight following major tariff shifts under President Trump’s second administration. In the wake of sweeping changes in US trade policy, the average US tariff rate soared from 2.5% at the start of 2025 to 18.4% by July, the highest rate seen in over eighty years, according to the Yale Budget Lab. The United Kingdom, once facing an average US tariff of just 1.3% on its exports, now finds itself subject to a new baseline 10% tariff under the deal it struck with the Trump administration, dramatically increasing the costs for British exporters selling into the American market.

    This 10% rate, confirmed by Commerce Secretary Howard Lutnick and multiple media reports, was negotiated as part of a broader trade push, sparing the UK from even steeper tariffs threatened earlier in the year. For context, the European Union and Japan each negotiated their tariffs at 15%, while many countries that failed to reach a deal face rates as high as 41%. Analysts highlight that even though Britain “caved to Trump’s demands,” the UK’s deal is comparatively favorable among US allies. However, the 10% rate is still far higher than before, and select UK exports—such as pharmaceuticals—have reportedly been temporarily exempted, reducing Britain’s effective rate below the headline figure, according to the Telegraph.

    The changes affect nearly all categories of goods, with standout terms for automobiles—tariffs are now capped at 10% for the first 100,000 UK-made vehicles exported to the US, based on Ainvest’s analysis of the 2025 US-UK Trade Deal. Economists at Goldman Sachs and policy experts cited by the Times of India warn that US businesses and consumers are now absorbing most of the increased costs, with some of the world’s largest retailers, including Walmart and Best Buy, raising their prices in response. The Budget Lab estimates these increases will impose a $2,400 burden on the average US household each year.

    Despite these tough new terms, Trump administration officials insist the tariffs will promote American manufacturing and substitute for income taxes, but critics argue the policy is a blunt tool that is already dragging down global economic growth and souring economic relations even among close allies. Legal and political disputes are brewing in both US courts and among trading partners, with some analysts expecting parts of the new tariff regime could eventually be struck down or revised by Congress or the judiciary.

    Listeners, that’s where things stand as of August 3, 2025: UK goods face a 10% tariff exporting to the US, higher than almost any time in modern history, but in line with the new global tariff landscape shaped by Trump’s aggressive trade policy. Thank you for tuning in and make sure to subscribe for future briefings and expert interviews. This has been a quiet please production, for more check out quiet please dot ai.

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    3 mins