エピソード

  • 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.

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

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
    続きを読む 一部表示
    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/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
    続きを読む 一部表示
    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
    続きを読む 一部表示
    4 分
  • UK Navigates Complex US Tariff Landscape with Strategic Trade Deals and Ongoing Bilateral Negotiations in 2025

    UK Navigates Complex US Tariff Landscape with Strategic Trade Deals and Ongoing Bilateral Negotiations in 2025
    2025/09/05
    Listeners, welcome to United Kingdom Tariff News and Tracker, your go-to podcast for the latest headlines and developments in trade policy and tariffs shaping the UK’s relationship with the United States and the wider world.

    The biggest story this September is the ongoing impact of President Trump’s second administration tariffs, which continue to alter the trade landscape for UK exporters and importers. According to the Trade Compliance Resource Hub, the current US tariff rate on steel imports from the United Kingdom remains set at 25 percent. This rate was reaffirmed and maintained even after the US increased steel tariffs to 50 percent for most other countries back in June. The UK has managed to maintain its 25 percent rate thanks to ongoing bilateral negotiations following the Economic Prosperity Deal announced in May and the UK's unique status as a close ally. Importantly for UK manufacturers, steel products that fall under the WTO Agreement on Trade in Civil Aircraft continue to be exempt from these tariffs, meaning the UK aerospace industry faces less direct impact than other sectors.

    In terms of regulatory changes, Holland & Knight reports the US Department of State's Directorate of Defense Trade Controls is finalizing new licensing exemptions and expedited review processes for the United Kingdom under the International Traffic in Arms Regulations. These updates represent a significant step toward reducing administrative friction in bilateral defense trade, going hand-in-hand with the AUKUS security partnership. The rules, which first went into effect on a provisional basis last September, aim to streamline military and advanced technology exports between the US, UK, and Australia.

    Zooming out from US-UK trade, listeners should note the historic UK-India trade agreement finalized earlier this year. As highlighted in the National Conference on Public Employee Retirement Systems’ most recent coverage, this deal will gradually eliminate tariffs on 99 percent of Indian goods entering the UK and cut tariffs on 90 percent of UK exports to India, including a dramatic reduction in tariffs on British automobiles and whisky over the next decade. The UK’s ongoing pursuit of global trade deals is partly driven by the shifting US tariff environment, making diversification essential for many British exporters.

    Meanwhile, Yale University’s Budget Lab calculates that the aggregate effect of the 2025 tariffs imposed by the US, including those affecting the UK, is a 1.7% rise in consumer prices and an average per-household income loss of $2,300 in the US. That knock-on effect is something UK exporters are watching closely as it influences US demand for British goods.

    With trade policy still a daily headline in the UK and US, and bilateral tariff issues far from settled, it’s crucial for businesses, policymakers, and investors to pay close attention. That’s your United Kingdom Tariff News and Tracker update for today. Thank you for tuning in. Be sure to subscribe for regular insights. 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
    続きを読む 一部表示
    3 分
  • UK Faces Challenging US Trade Landscape as Tariffs Surge and Export Volumes Decline Amid Complex Geopolitical Negotiations

    UK Faces Challenging US Trade Landscape as Tariffs Surge and Export Volumes Decline Amid Complex Geopolitical Negotiations
    2025/09/03
    Welcome to United Kingdom Tariff News and Tracker.

    In the latest headlines, the United States under President Trump has sharply increased tariffs on steel and aluminum imports, but with the United Kingdom securing a partial carve-out. As of June 2025, the White House doubled Section 232 tariffs on most countries’ steel and aluminum to 50%, while the UK—amid stalled trade talks—remains at a 25% tariff level on these metals, according to Wikipedia’s summary of the second Trump administration’s trade moves and confirmation from the Council on Foreign Relations. That 25% applies to the core steel and aluminum products, although negotiations announced in May promised that both sides would “make progress toward 0% tariffs on core steel products,” which has not yet materialized.

    This British carve-out is especially notable given that the White House simultaneously widened the range of tariffed goods to include major household appliances and derivative products with steel and aluminum components. UK exporters in these sectors continue to face added costs, but fares slightly better than EU and other rivals hit by the doubled rate.

    Meanwhile, Metro Global reports the average US tariff on imports has reached 15.2%, a dramatic rise from the pre-Trump era’s 2.3%. The new tariff regime is complex, featuring a base 10% for most goods, but higher rates—sometimes up to 41%—for countries targeted for geopolitical reasons. However, the UK’s trade relationship is somewhat insulated, thanks to the ongoing US-UK negotiations, unlike countries such as India, which now faces a 50% tariff after recent escalations.

    Despite the carve-out, British Chambers of Commerce data reveals a 13% drop in UK goods exports to the US during the second quarter of 2025 compared to the previous year. The higher average tariff rates and volatile trade landscape appear to be weighing on export momentum, even as talks continue.

    US legal challenges have added further drama. YouTube analysis from major political channels explains that a 2025 federal court ruling declared many of Trump’s tariffs unlawful, arguing the administration overstepped executive authority—yet most tariffs remain in effect while appeals move forward. This legal limbo has increased uncertainty for UK and other global exporters, raising real risks for British firms’ supply chains and landed costs.

    On a consumer level, companies such as Levi’s UK are flagging “anti-American risk,” with worries that continuing aggressive US trade policies could shift British consumers away from US brands, according to the company’s recent strategic report covered by FashionUnited UK. Despite currently strong profits, the firm warns that geopolitical tension and boycotts pose longer-term threats, particularly in a climate of higher costs and sluggish retail traffic.

    Listeners, with new sector-specific duties looming, parcel tax changes now hitting packages under $800, and pressure on both sides to ink a broader deal, the transatlantic tariff story remains highly dynamic.

    Thank you for tuning in to United Kingdom Tariff News and Tracker. Make sure to subscribe to stay on top of the latest updates. 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
    続きを読む 一部表示
    4 分
  • UK Exporters Brace for Impact as Trump Tariffs Reshape Trade Landscape with New De Minimis Restrictions and Steep Shipping Costs

    UK Exporters Brace for Impact as Trump Tariffs Reshape Trade Landscape with New De Minimis Restrictions and Steep Shipping Costs
    2025/09/01
    Listeners, welcome to United Kingdom Tariff News and Tracker. Today is Monday, September 1, 2025, and we're bringing the latest updates on tariffs and trade between the United States and the United Kingdom, with special focus on any recent headlines involving President Trump’s administration.

    Tariff news has dominated UK business headlines this week as the US-imposed *de minimis* tariff exemption officially ended on August 29. This significant policy change, announced just weeks ago by the Trump administration, means that low-value parcels under $800 are no longer exempt from import tariffs when entering the US market. According to retail tech communications provider Flagship, UK brands—among the top four shippers of small parcels to America—are expected to feel a sharp impact. UK online retailers, marketplace sellers, and direct-to-consumer brands now face reciprocal US tariffs on these smaller shipments, with flat fees between $80 and $200 per parcel for at least the next six months. That abrupt shift has triggered a 90% spike in UK searches for 'Trump Tariffs' as businesses scramble to respond, Flagship’s analysis found.

    Over 41 million of these *de minimis* shipments from the UK entered the American market last year, which puts the UK behind only China, Canada, and Mexico. These stats underscore why British businesses are especially nervous. While Asian countries will see the largest dollar impact, FashionNetwork.com reports that UK exporters in sectors like online fashion and consumer goods are urgently seeking alternative growth markets, notably in the Middle East and North Africa, with 76% of exporters now diversifying to other regions.

    Meanwhile, tariffs on booze are also making waves. New US tariffs on both the EU and the UK include a 10% levy on UK spirits such as Scotch whisky and gin, raising prices for American consumers. CBS MoneyWatch highlights industry voices in Scotland, who say this could add nearly $8 or more to every bottle. With a volatile US market, many distillers anticipated this price hike but are now pressured to pass on more of the cost as margins tighten.

    Legal uncertainty is adding to the disruption. The US Court of Appeals has ruled key elements of Trump’s sweeping global tariff regime illegal, following legal challenges by Democratic states and American businesses. However, the tariffs remain in place through October 14 as the White House appeals to the Supreme Court. The outcome could upend Trump’s reciprocal tariff strategy, including the new baseline tariffs affecting the UK. Bloomberg notes that if the Supreme Court overturns these tariffs, Trump would have to revert to much narrower tools, capping tariffs at 15% and limiting their duration to 150 days without explicit congressional approval. For now, though, British exporters must operate under the current regime, meaning higher costs, fewer exemptions, and continued uncertainty into the autumn.

    Those are today’s headline developments for UK businesses, global retailers, and anyone tracking US-UK trade. Thanks for tuning in and remember to subscribe for the latest updates. 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
    続きを読む 一部表示
    4 分
  • UK Exporters Face Mounting Pressure as Trump Tariffs Escalate Tensions and Reshape US-UK Trade Landscape in 2025

    UK Exporters Face Mounting Pressure as Trump Tariffs Escalate Tensions and Reshape US-UK Trade Landscape in 2025
    2025/08/31
    Welcome to United Kingdom Tariff News and Tracker. As of August 31, 2025, tariffs and trade tensions remain front and center for the United Kingdom, with ripple effects from decisions in Washington under President Trump shaping economic prospects for British exporters and importers alike.

    Listeners, the current U.S. tariff policy under President Trump is marked by sweeping changes and heightened uncertainty. According to Global Trade & Sanctions Law, the Trump administration has ramped up its America First approach with new Section 232 investigations targeting critical imports—such as pharmaceuticals, semiconductors, and critical minerals—alongside previously established tariffs on steel, aluminum, and vehicles. For UK exporters, this means continued scrutiny and the looming risk of further levies on targeted products.

    While the notorious U.S. steel and aluminum tariffs were increased to 50% for most trade partners as of June 4, 2025, the United Kingdom stands as a notable exception. According to Wikipedia’s summary of tariffs in the second Trump administration, the UK retains a tariff rate of 25% on steel and aluminum, a level unchanged as negotiations toward a U.S.–UK trade deal continue. That figure is crucial for British manufacturing and heavy industry, which rely on U.S. market access.

    Broader tariff measures have escalated, including headline moves like a 27% “reciprocal” tariff on Indian goods in April, which the Trump administration then doubled to 50% in late August after disputes over Russian oil imports, as reported by Global Trade & Sanctions Law. These sharp increases serve as a clear signal: allies and rivals are equally vulnerable to aggressive U.S. tariff policy.

    Shoppers and e-commerce businesses in the UK should also take note of a structural change affecting direct-to-consumer sales. A recent report from AOL explains that as of May 2025, the U.S. has ended the so-called de minimis exemption, which previously allowed goods valued under $800 to enter the U.S. tariff-free. Now, these low-value packages face standard country-of-origin tariffs—10% for UK goods. For British online retailers and logistics firms, this marks a significant hurdle, likely to raise costs for U.S. consumers and pressure UK sellers to remain competitive.

    Amid these developments, Trump’s overall tariff regime is facing a crucial legal challenge. The Economic Times reports that, while Trump’s tariffs remain in effect until at least October 14, 2025, the U.S. Supreme Court is reviewing whether substantial portions of his trade actions under emergency powers are even legal. If the court strikes them down, expect historic upheavals—including possible refunds to businesses and sharp changes in how presidents can conduct tariff policy in the future.

    Listeners, as the U.S.–UK trade dynamic remains volatile, the coming weeks will be critical, with legal decisions pending and negotiations ongoing. We will track how these high-profile disputes and policy shifts translate into real consequences for the UK economy.

    Thank you for tuning in—don’t forget to subscribe to stay informed. 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
    続きを読む 一部表示
    4 分
  • US Slashes De Minimis Exemption Shocking UK Exporters: New 10% Tariff Impacts Every Small Business Shipment

    US Slashes De Minimis Exemption Shocking UK Exporters: New 10% Tariff Impacts Every Small Business Shipment
    2025/08/29
    Listeners, on August 29, 2025, the landscape of US-United Kingdom tariff relations has shifted in dramatic fashion. Today marks the formal end of the de minimis exemption, meaning nearly all goods shipped to the US from the UK, regardless of value, will now be subject to import duties. Previously, items worth less than $800, or about £590, could enter the US duty-free, but now even low-cost parcels face the same charges as higher-value imports. Sky News reports that only letters and personal gifts under $100, or £74, remain exempt from this change. All other packages sent from the UK to the US are now hit with a flat 10% tariff, which is the baseline rate for British exports under the latest trade deal—just enough to avoid the heavier “reciprocal tariffs” faced by other trading partners.

    The tariff climate has become more volatile since President Trump enacted sweeping protectionist measures during his second administration. According to Wikipedia’s summary, the average US tariff rate soared from 2.5% to 27% in early 2025—a level not seen since the days of the Smoot–Hawley Act—before settling closer to 18.6% this August after a series of international negotiations. These blanket increases are part of a broader strategy to generate federal revenue, with tariffs now accounting for nearly 5% of all income to the US government, compared to just 2% historically.

    Of note to UK exporters and importers, the US has not spared its closest allies from the new rules. Future Forwarding confirms that starting this spring, there’s a 25% tariff imposed on cars and auto parts from most countries, though the United Kingdom and USMCA partners like Canada and Mexico are currently exempt from those specific increases. However, metals like aluminum from the UK face a 25% tariff, while copper and steel can see rates as high as 50%. This has especially troubled UK manufacturers, putting pressure on sectors dependent on US sales.

    On the ground, British businesses are already feeling the squeeze. International shipping companies such as DHL and FedEx have responded to the uncertainty by suspending some deliveries to the US or hiking fees. The British Beauty Council warns that the sudden end of de minimis could be devastating for small companies who rely on sending low-value products stateside, forcing them to reconsider their strategies or pass higher costs onto customers.

    Listeners, these developments highlight the complexities and rapid changes at the heart of UK-US trade in 2025. Every British business and consumer sending goods to America should prepare for significant new costs and policy hurdles.

    Thank you for tuning in to United Kingdom Tariff News and Tracker. Don’t forget to subscribe for updates as we continue to track the evolving story. 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
    続きを読む 一部表示
    3 分