New US tariffs would be tough on exporters says Chamber

Richard Blackmore from The East Midlands Chamber

East Midlands Chamber has said fresh tariffs threatened on goods imports to the US would add to difficult conditions already faced by businesses trading overseas.

President Trump has suggested tariffs of 10% could be imposed on eight Nato countries, including the UK, until a deal on Greenland is reached.

East Midlands Chamber Director of Policy and Insight Richard Blackmore said: “The last thing exporters want to hear is any further tariffs applied to US goods imports, especially on the back of the anxiety of persistent on-off tariff threats throughout much of last year.

“Export already requires a mountain of paperwork and associated costs so it’s essential the UK government steps up talks with the US to prevent firms being hit with more headaches.

“The Chamber’s International Trade department stands ready to address any concerns of firms that export and can support with protection of foreign exchange, exploration of other markets and all the processes involved with trading overseas.”