BritishAmerican Business Statement on New US Tariffs on UK Exports

Commenting on the April 2nd 2025 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.”

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