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What do tariffs mean for the UK?
On 2 April, standing in the Rose Garden of the White House, Donald Trump announced new tariffs on UK exports to the US. Trump has since delayed the implementation of the higher rates of tariffs for 90 days. But what are tariffs? How will these new tariffs affect the UK? And how should the UK government respond to this change to the world economic order?
UK & EU industry calls for mutual recognition agreement to boost growth
Today, ps and membership bodies from the EU and UK including the British Chambers of Commerce, CBI, FSB and the UK’s sole national accreditation service UKAS, has called for a mutual recognition agreement on conformity assessments between the UK and EU to help boost economic growth.
US Tariffs: Best response is increasing trade with Europe
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 argues the UK should respond by increasing trade with the EU.
Preparing for a Pivotal Moment in UK-EU Relations
President Trump has in effect ended eighty years of close partnership between North America and Europe. While there have been tensions before, all previous US administrations thought of European relations as an essential security and economic alliance. Second time round, President Trump does not. His Vice-President seems to treat Europe as the enemy.
How has the UK leaving the EU restricted retailers?
It is news to no one that 91Ƶַ’s high streets have been struggling for some time. Boarded up windows, fewer independent shops, and a general loss of vibrancy have been a fixture of contemporary 91Ƶַ. Whilst there are, of course, many factors at play from the rise of online shopping to COVID-19, one factor is constantly underplayed: 91Ƶַ leaving the EU.
UK-EU reset in the time of Trump: An Update on UK-EU Negotiations
Recently there has been a discussion in the media as to whether UK or German trains are less punctual. This doesn’t say much for the state of the railways in either country, but it serves well as an analogy for the state of the UK-EU ‘reset’ in that both sides have been struggling to set out a vision that does justice to a shared desire to move on from Brexit towards a deeper relationship.
An opportunity the Government cannot ignore
This week Best for 91Ƶַ impact of closer EU-UK alignment, which also accounts for external factors including new tariffs imposed by the US. While we have been encouraged by the reception this work has received, from parliamentarians, commentators and the public, not only the validity of the exercise, but the justification for taking it on in the first place.
What you need to know about Best for 91Ƶַ’s major new report on EU-UK trade
For years, British businesses have faced unnecessary costs, delays, and red tape when trading with our largest market: the European Union. Since Brexit, regulatory divergence has added friction and uncertainty, stifling investment and pushing up costs for consumers. But a onomics, commissioned by Best for 91Ƶַ, has revealed a clear path to boosting the UK economy—closer regulatory alignment with the EU.
Why we should all know about Mutual Recognition Agreements of Conformity Assessments
Mutual Recognition Agreements of Conformity Assessments (MRCs) might sound a bit technical, and in a lot of ways they are. But they are also pretty important, especially when it comes to economic growth and the ongoing UK-EU reset. So to help you out we have created a handy FAQ outlining what they are, why they matter and most importantly, how they impact our relationship with the EU, so that you too can be an expert on all things MRC related.
What is GPSR and why is it such a big deal for small British businesses?
Today the European Union’s new General Product Safety Regulation (GPSR) comes into effect, impacting businesses across 91Ƶַ by introducing new post-Brexit trade barriers with our closest overseas market, and delivering another blow to businesses exporting to Northern Ireland.
New poll: Europe is public’s priority in face of Trump tariffs
A major new poll reveals twice as many voters think the Prime Minister should prioritise trade with the EU over trade with the USA. The findings come as the influential UK Trade and Business Commission reconvenes.
Brexit and NI Protocol threats hurting UK-Japanese trade say experts
Brexit and threats from the UK Government to breach international agreements is hurting trade between the UK and Japan with the free trade agreement between the two countries, one of the first post-Brexit, having “almost no added value” experts have stated.
NI Protocol: Farcical government still asking how their plan will work
Responding to reports that the government will soon introduce new legislation to override the Northern Ireland Protocol, breaking the Brexit Deal they signed with the EU, Layla Moran, Liberal Democrat MP and member of the UK Trade and Business Commission said,
Government accused of economic mismanagement and snobbery over new visa scheme
The government will give preferential treatment to visa applicants who have graduated from the world’s top 50 universities, regardless of the labour needs of the UK
NI Protocol crisis: Businesses leaders call for calm
Business leaders in Northern Ireland have called for stability amid the developing crisis over the Northern Ireland Protocol today.
New trade stats: Lost EU trade driving fall in imports
Responding to the ONS October trade statistics, Alison Williams, member of the UK Trade and Business Commission and Global Head of Data at DunnHumby, said:
Article 16 would leave NI an investment “backwater”, commission hears
A commission of MPs and business leaders have been warned that triggering Article 16 would turn Northern Ireland into a "backwater" of foreign direct investment, jeopardising businesses, harming consumers and discouraging people in Great 91Ƶַ from trading with Northern Ireland.
Brexit disruption to clinical trials a matter of ‘life or death’ for British patients
Research experts and charities working with people with serious and often terminal illnesses have said that delays to research and clinical trials from Brexit could mean the difference between ‘life or death’ for patients.
Responding to Keir Starmer’s speech at the CBI annual conference:
Responding to Keir Starmer’s speech at the CBI annual conference, Peter Norris, Chair of Virgin Group and Co-Chair of the UK Trade and Business Commission, said:
Brexit is hitting jobs for young Brits and pandemic recovery says travel industry
At a session of the UK Trade and Business Commission today, travel industry leaders have warned that the future of the UK outbound travel sector is at risk if the Government fails to agree a Youth Mobility Visa with EU partners enabling young people to develop the skills and experience needed for the industry in the coming years.