Logistics Magazine - News Article
Logistics UK responds to Trump’s 15% global tariff announcement
US President doubles down with new tariff ‘effective immediately’ after Supreme Court ruling.
Responding to reports that the US intends to impose a 15% global tariff following the Supreme Court ruling on previous tariff measures, James Mills, Head of Trade Policy at Logistics UK, said:
“The US is the UK’s largest single-country trading partner and accounts for around one sixth of all UK exports, so any changes to tariff arrangements matter significantly for British businesses. Companies now need urgent clarity on how the proposed 15% levy will apply in practice and confirmation that previously agreed sector arrangements will be honoured.
“Exports to the United States support nearly one million UK jobs, making stability in this relationship vital. In a more volatile global environment, trade-led growth depends on predictability and on keeping trade as open, efficient and frictionless as possible, because the UK grows when it trades.”
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