In response to new 10% tariffs imposed by US President Donald Trump on UK imports, the UK government is consulting businesses to understand the potential impact of retaliatory measures. Business Secretary Jonathan Reynolds aims to gather stakeholder views for a month, suggesting the UK may take necessary actions if an economic deal is not achieved with the US. While he believes the UK has received a more favorable tariff rate compared to others, opposition figures challenge this assertion, highlighting the wider context of global tariffs affecting multiple countries.
Kate Whannel House of Commons The UK government is launching a consultation with businesses on how taking retaliatory tariff measures against the US would impact them.
Business Secretary Jonathan Reynolds told MPs he would 'seek the views of UK stakeholders over four weeks until 1 May 2025 on products that could be potentially included in any UK tariff response'.
Reynolds also indicated that the UK could pursue tariffs if an economic deal with the US is not reached, emphasizing 'we reserve the right to take any action we deem necessary'.
Conservative shadow business secretary Andrew Griffith criticized the notion that the UK's lower tariffs on US goods 'vindicated the pragmatic approach' of the government, arguing it faced the same tariffs as many others.
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