UK Businesses Brace for Response to US Tariffs

Britain's business secretary announced consultations with businesses regarding potential retaliatory actions in response to US President Trump’s 10% tariffs on British imports. The request for input aims to assess implications and help decide on further actions, ensuring all response options remain open for the UK.

In light of US President Donald Trump's imposition of a 10% tariff on British imports, Britain's business secretary has announced a consultation with businesses. The goal is to assess impacts and guide potential retaliatory actions.

Business Secretary Jonathan Reynolds informed parliament of a formal request for input. This consultation is a critical move to evaluate the repercussions on British businesses and keep all strategic options open.

The government seeks to balance economic impacts while maintaining a firm stance in international trade relations. British businesses are encouraged to share insights to shape the nation's response effectively.

(With inputs from agencies.)