Businesses across Northamptonshire are being encouraged to speak up and share their views following the UK Government’s launch of a nationwide call for input in response to newly announced US trade tariffs on UK exports.
On April 2, the United States announced that a new 10% tariff will be applied to UK goods entering the US – on top of existing duties, fees, and taxes. The tariff came into effect on April 5 and is part of wider measures introduced by the US government. The new tariffs exclude certain sectors including steel, aluminium, automobiles, pharmaceuticals, semiconductors, energy, and key raw materials.
In response, the UK Government has announced a formal request for input, seeking views from UK businesses on the potential impact and what products should be considered in any retaliatory tariff measures. This consultation is open until May 1, with the Government stressing that a negotiated deal remains the preferred outcome.
The Government is particularly keen to hear from businesses involved in exports to the US, as well as those indirectly affected by the changes. Businesses can view an indicative list of potentially impacted products and respond to the consultation via the official Government website.
In a recent statement calling for participation from businesses to help formulate a response, Jonathan Reynolds MP, Secretary of State for Business and Trade, said that this Government is committed to standing up for British businesses and jobs. While the Government remain hopeful of reaching a negotiated agreement with US partners, they must also prepare for every outcome. This call for input ensures British businesses have their voices heard in shaping any UK response.
Head of Policy at the Northamptonshire Chamber of Commerce, Simon Cox said “These new tariffs from the United States pose serious questions for businesses across Northamptonshire that rely on exports to the US. It’s vital that local voices are heard at the highest level to ensure any response is proportionate and protects our regional economy. I strongly encourage all affected businesses to respond to the government’s call for input before the 1st May deadline. This is a real opportunity to influence the UK’s trade policy and help shape a fairer outcome for our local exporters.”
With the US-UK trade relationship valued at £315n and supporting 2.5 million jobs, the impact of these tariffs is significant. The Northamptonshire Chamber of Commerce are now urging companies – large and small – to take part in the consultation and help shape the UK’s trade strategy.
Businesses wishing to have an input can respond by visiting this website here.
