Government draws up list of potential products to include in tariff retaliation
- The Government has created a list of US products that could face import taxes in response to Donald Trump's tariffs, according to Business Secretary Jonathan Reynolds.
- The Prime Minister admitted the UK will experience an economic impact from a 10% import tariff imposed by the US on British goods.
- Sir Keir Starmer emphasized that nothing is off the table regarding responses, stating, 'nobody wins in a trade war.'
- The FTSE 100 Index dropped 122.4 points, or 1.4%, shortly after trading began on Thursday, reflecting market reactions to the new tariffs.
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36 Articles
Toilet seats to Levi's jeans: UK preparing products list to retaliate against Trump's trade war, says Report
In the wake of US President Donald Trump's latest announcement of new tariffs on its trading partners, which have shocked governments and investors around the world, the UK is drawing up a list of approximately 8,000 US products that it could charge with retaliatory tariffs if London and Washington don't sign a pact by May 1, The Sun reports. The UK's Business Secretary Jonathan Reynolds published a 417-page list of US products that could be sub…
A 417-page British list of American products subject to countervailing duties has been prepared.
The British government has compiled an extensive list of American imports on which it may impose retaliatory tariffs in response to US tariff measures on British exports.
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