Government statement on conclusion of US tariff review.
The process seeking views from businesses and interested
stakeholders to shape any future UK action on tariffs has now
concluded.
The four-week Request for Input launched on Wednesday 3 April in
response to the US imposing tariffs on a range of products and
has received over 200 responses. Work to analyse those responses
begins while keeping all options on the table.
The Government will now rapidly analyse the comments and data
which scope out the impacts of possible UK tariffs, as well as
views on a range of products that could be included in any UK's
response.
Negotiations on an economic prosperity deal with the US to remove
existing and future tariffs continue at pace and remain our
focus.
Business and Trade Secretary said:
We are now in a new era for trade and the economy, and that means
going further and faster to strengthen the UK's economy.
All options remain on the table and any future UK action will be
made in the national interest – and that is exactly why this
engagement was so important.
Our approach so far has been guided by the interests of British
business and their voice will continue to be at the heart of our
decisions.
While we analyse responses, this Government's priority will be to
build on the strength of our relationship with the US and
continue talks to find a resolution for UK businesses.