UK exporters trading with the United States should be aware of an important upcoming change that may affect costs, contracts and compliance obligations.
The United States has announced plans to introduce a 10% import tariff from 1 February on goods imported from the UK and several EU countries. These include Denmark, France, Germany, the Netherlands, Sweden, Norway and Finland.
These measures are linked to an ongoing geopolitical dispute relating to Greenland. In this situation, trade tariffs are being used as leverage between allied nations. However, while the political background sits outside exporters’ control, the commercial impact for UK businesses trading with the US could be significant.
These new US tariffs may result in:
For many businesses, exporting on Delivered Duty Paid (DDP) terms may create immediate exposure. This is particularly true where contracts are long-standing or unclear about who is responsible for US import duties.
As a result, some exporters may assume historic arrangements still apply, only to find that additional tariffs shift cost and risk back onto the UK seller.
At Exporter Services, we are currently supporting businesses exporting to the US to:
With implementation expected from 1 February, now is the right time to review US export arrangements. It is important to understand clearly where risk, cost and responsibility sit within your supply chain.
If you would like support reviewing your exports to the United States, please contact our consultancy team or call us on 0115 727 0018.
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New US tariffs from 1 February may affect UK exporters trading with the United States. Find out what this means and how to prepare.
