UK working with US' to analyse impact of supreme court's ruling against tariffs

"A spokesperson for Downing Street said: The UK government is working with the US to understand how the overturning of Donald Trump's tariffs by the supreme court will affect the UK but expects our privileged trading position with the US to continue. The UK was the first to strike a tariff deal with the US, with 10% tariffs on all imports from Britain, compared with a blanket 15% rate for the EU."

"We remain in close contact with the US administration as we seek clarity on the steps they intend to take in response to this ruling, it said. Businesses on both sides of the Atlantic depend on stability and predictability in the trading relationship. We therefore continue to advocate for low tariffs and to work towards reducing them. Companies affected by the tariffs should be able to demand refunds from the US administration, though the mechanism for doing this remains unclear."

Britain and the EU are assessing the implications of the US Supreme Court ruling that overturned Donald Trump's global tariffs. The UK expects its preferential 10% tariff rate with the US to continue, while the EU is analysing the ruling and seeking reductions from the US for European exports. Companies affected by the tariffs may be able to seek refunds from the US administration, though the refund mechanism is unclear. Tariffs on products such as steel are likely to remain in place. Experts warned the White House could switch to broader product-based tariffs affecting chips and agriculture, increasing uncertainty for businesses.

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