US Tariffs: Best response is increasing trade with Europe
UKTBC Chair Andrew Lewin MP responds to US tariffs
On 2 April, President Trump announced a new set of global tariffs, including a 10% tariff on all UK imports to the US and a 25% tariff on all foreign manufactured automobile imports to the US.
Responding to the introduction of new tariffs on UK imports to the US, Andrew Lewin MP, Chair of the cross-party UK Trade and Business Commission said,
"We have agency in how we respond to President Trump's tariffs and the greatest opportunity for our economy lies with the UK/EU reset.
“Now is the moment to pursue an ambitious new trade deal, with deep alignment on goods and services.
“If we tear down barriers to UK/EU trade, we can gain significantly more from our largest trading partner than we stand to lose as a result of the decision made in Washington."