『United Kingdom Tariff News and Tracker』のカバーアート

United Kingdom Tariff News and Tracker

United Kingdom Tariff News and Tracker

著者： Quiet. Please
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 This is your United Kingdom Tariff Tracker podcast.

Discover the "United Kingdom Tariff Tracker," your go-to daily podcast for the latest news and insights on tariffs imposed on the United Kingdom by the United States. Stay informed with comprehensive updates and expert analysis on how these tariffs impact trade, economy, and global relations. Whether you're a business professional, economist, or simply interested in international affairs, our podcast offers timely and relevant information to keep you ahead of the curve. Tune in each day to ensure you don't miss any developments in this dynamic and ever-evolving landscape.

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  • UK Whisky Exports Hit Hard by US Tariffs as Trade Tensions Escalate Amid Trump Administration Policies

    UK Whisky Exports Hit Hard by US Tariffs as Trade Tensions Escalate Amid Trump Administration Policies
    2025/09/10
    Listeners, welcome to United Kingdom Tariff News and Tracker. Today, we bring you the latest on tariffs affecting UK-US trade, with a special focus on the impact of President Trump’s policies and what they mean for British exporters and industries.

    Currently, the tariff situation is tense and dynamic. President Trump’s administration has imposed a 10% tariff on most UK goods entering the US, which is notably lower than the 15% tariff currently applied to European Union products. This was the result of recent negotiations secured by the UK government, aiming to soften the blow for UK exporters, but it hasn’t been enough to prevent significant industry pressure. According to the Scotch Whisky Association, the 10% tariffs on Scotch whisky alone are costing the sector about £4 million each week and could strip £200 million annually from UK exports. The US remains one of the most important overseas markets, with Scotch exports to America valued at nearly £1 billion last year, so the stakes for the industry are extremely high.

    This situation has prompted high-level political engagement. Scotland’s First Minister John Swinney recently met with President Trump in Washington to push for whisky tariff relief, calling for a “zero for zero” tariff deal. Swinney argues that lower barriers are in the interest of both sides, pointing out US bourbon casks are a key element of Scottish whisky production. Despite what Swinney described as constructive talks at the White House, the outcome remains uncertain, and the UK government continues to press for broader tariff concessions ahead of Trump’s state visit to the UK later this month.

    Beyond whisky, the US recently increased tariffs on certain steel products from the UK to 25%, as noted in new executive orders expanding the scope to derivative goods and announcing potential further increases up to 15-20% baseline tariffs as part of Trump’s renewed reciprocal tariff agenda. However, the UK’s aerospace sector has secured an exemption, meaning products covered by the WTO Agreement on Trade in Civil Aircraft will avoid these new levies for now.

    Industry analysts and trade bodies warn that these tariffs are already having a pronounced effect on trade flows and supply chains. The Global Port Tracker reports that major US container ports are expecting a 5.6% decline in import cargo volumes by the end of 2025, a change closely linked to increased tariffs and trade uncertainty. Retailers and producers on both sides of the Atlantic are stockpiling inventory and bracing for further disruptions, but many warn that additional costs will ultimately reach consumers, leading to higher prices on everything from spirits to automobiles.

    As tariff levels continue to rise, there is real uncertainty about how long the current rate structure will remain or whether more sectors could face stiffer restrictions or new levies in the coming months. The key date to watch: November 10, when the current US pause on the highest tariffs for Chinese imports ends, adding potential volatility to global pricing.

    Thanks for tuning in to United Kingdom Tariff News and Tracker. Don’t forget to subscribe so you never miss an update. This has been a quiet please production, for more check out quiet please dot ai.

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    4 分
  • UK Steel Exports to US Maintain 25% Tariff Amid Tense Trade Relations Under Trump's Second Term

    UK Steel Exports to US Maintain 25% Tariff Amid Tense Trade Relations Under Trump's Second Term
    2025/09/08
    Listeners, here are the latest developments for United Kingdom tariff news as of September 8th, 2025. The US-UK trade climate remains turbulent under President Trump’s second administration, with tariffs and negotiations dominating headlines. The most impactful news for UK exporters is that the United States continues to apply a 25% tariff on UK steel and derivative steel products, a rate kept steady while most other partners are facing 50% tariffs. This special status for the UK reflects ongoing negotiations following the Economic Prosperity Deal that the two countries announced in May 2025, although many details of this deal remain unsettled according to reporting from the Trade Compliance Resource Hub and analysis by Bain & Company.

    Listeners should note that an exemption is in place for certain UK aerospace products under the WTO Agreement on Trade in Civil Aircraft. This exemption, effective since June 23rd, 2025, is providing some relief for UK manufacturers in the aviation sector. However, the wider British export community still faces considerable barriers when accessing the US market—especially where steel, aluminum, and household appliances are concerned, given ongoing or expanded tariffs in those categories.

    There’s been growing anxiety in the wider business community. Bain & Company's Transatlantic Confidence Index highlights that overall confidence in the US-UK business corridor has slid to its lowest reading since the survey began. US businesses are showing less enthusiasm for expansion into the UK, citing ongoing uncertainty over tariffs, higher operating costs, and concerns about the narrow scope of the latest trade deal.

    Despite this, there are still some positive signals. The new Labour government in the UK is credited with improving perceptions of political stability, with transatlantic investors hopeful that this stability will enable overdue reforms and possibly pave the way for a deeper economic relationship with the US in the future. That said, businesses on both sides remain cautious, looking for concrete action beyond headline announcements.

    Meanwhile, the Trump administration has threatened baseline tariff rates in the 15% to 20% range for many imports, with even higher rates for certain countries and products. For UK-origin goods outside the steel and aerospace carveouts, most are subject to this baseline reciprocal tariff. Policy uncertainty is causing some US firms to delay hiring or investment. According to analysts cited by the World Socialist Web Site and the Financial Times, these tariffs have contributed to a marked slowdown in manufacturing and job creation, with some industries comparing today’s environment to the depths of the 2008-09 recession.

    Follow this podcast for continuing updates as negotiations evolve and clarity emerges on future US-UK trade policy impact. Thanks for tuning in, and remember to subscribe to stay on top of the latest changes in United Kingdom tariff news.

    This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

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    3 分
  • UK Secures Unique Trade Deal with US Amid Rising Tariffs Offering Major Economic Advantages for British Exporters

    UK Secures Unique Trade Deal with US Amid Rising Tariffs Offering Major Economic Advantages for British Exporters
    2025/09/07
    Welcome to United Kingdom Tariff News and Tracker, bringing listeners the latest on tariffs, trade dynamics, and the economic landscape as it unfolds between the United Kingdom and the United States.

    The most significant headline today is the dramatic rise in US tariff rates under President Donald Trump. According to The Budget Lab at Yale, the overall average effective tariff rate in the US for 2025 is now 18.3 percent, which is eight times higher than last year and the highest rate seen since 1934. These tariffs are mainly targeted at a broad array of imported goods, with consumer products like clothing and shoes facing some of the steepest hikes. The report estimates that shoe prices are 40 percent higher in the US, and apparel is up 38 percent in the short run, with longer-term prices expected to remain almost 20 percent above previous levels. For US consumers, that's an average household income loss equivalent to $2,400 for 2025, and the resulting combination of rising prices and slowing growth is fueling fears of stagflation—when both inflation and unemployment rise together.

    But what does this mean for the United Kingdom and its economic relationship with America? According to the Ditchley Foundation Annual Lecture delivered just yesterday, Britain has leveraged its post-Brexit regulatory freedom to deepen American investment and, crucially, has become the first country to negotiate a new trade deal directly with President Trump. This agreement reportedly covers the majority of the UK's high-value industrial and goods exports to the US and has secured the lowest US tariff rate so far for British products. This achievement reflects both countries’ long-standing ambition for closer trade ties, and experts are highlighting its political and economic value for the UK at a time when competition for American capital is fierce.

    As a result of these exemptions and negotiated rates, The Times of India notes that the UK is among a select group of US trade partners granted tariff relief—with zero US duties on aligned British industrial goods beginning earlier this week. For British exporters, this presents a major advantage: while other US allies such as Canada are facing tariffs on up to 35 percent of their exports and accused of inaction on border issues, the UK’s swift trade diplomacy has spared it from the harshest measures of the current US tariff regime.

    Meanwhile, public sentiment in the UK reflects ongoing concerns over tariffs and US policy. Kantar’s July survey found that—unlike in Canada, where consumer boycotts of US goods and travel have surged—British citizens have been comparatively less motivated to boycott American products. Interestingly, the survey showed that in the UK, those on the political right are more likely to participate in such boycotts than those on the left, a reversal of earlier patterns.

    For listeners tracking the pulse of UK–US economic relations: the current moment is defined by sweeping US trade protectionism, a standout British trade deal, and new opportunities and risks for British businesses and households. The situation remains dynamic, with further developments possible as both countries continue to negotiate their complex economic partnership.

    Thank you for tuning in to United Kingdom Tariff News and Tracker. Be sure to subscribe so you never miss an episode. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
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    4 分
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