Exporters Brace for Higher US Costs as Tariff Rises Take Effect

Exporters brace for higher US costs as tariff rises take effect

UK exporters are preparing for higher costs as a new 15% tariff on goods imported into the United States is due to apply from 24 February. The move follows a further increase announced by the US administration, lifting the total levy from earlier levels to 15%. East Midlands Chamber has backed a proposal urging the […]

Chamber backs call for urgent support to help exporters as new US tariffs are applied - East Midlands Chamber

With a new 15% tariff applied to goods imported into the US expected from 24th February, East Midlands Chamber has given its backing to a proposal sent to Government calling for immediate support to ease increased cost pressure on exporters.   The British Chambers of Commerce (BCC) has presented six steps to Government it says would alleviate pressure on firms that export overseas, following the 5% increased import tariff announced by President …