UPDATE: 9 APRIL 2025 ADS is disappointed by the announcement of a 10% reciprocal tariff on UK exports by the United […] Read More
Tariffs
8 May: UK and US announce trade deal
On 8 May 2025, the UK Government confirmed that the UK is the first nation to secure a trade deal with the new US administration.
While there is clearly more detail to come, this is a welcome step for UK advanced manufacturing.
Our flash reaction – accurate to 1700 BST, 8 May 2025, can be read on the right.
This page will be updated as more information comes to light.
Please visit the Government website for more information:
BLOG: ADS response to US Tariffs – updated
Useful Information
- General terms for the United States of America and the United Kingdom of Great Britain and Northern Ireland Economic Prosperity Deal
- Statement by the Trade Secretary on US Tariffs
- Business review on US tariffs has concluded
- Question on the likely impact of EU tariffs on the Northern Irish Economy
- Latest updates from the BBC
- US Trade Tariffs – House of Commons Library
- Petersen Institute for International Economics – Trump Trade War Timeline 2.0
- Trade Tariff: look up commodity codes, duty and VAT rates
Events
UK Export Academy are hosting their first webinar, on Monday 28 April at 14:00, to help businesses learn about how to navigate the new US Tariffs rules and what they mean for doing business.
The session will cover:
- What is happening with US Tariffs
- How the current situation with US Tariffs will impact UK businesses
- How Rules of Origin will affect tariffs
The UK Finance annual Sanctions Conference, on Thursday 5 June, will provide an update on sanctions policy priorities, showcase the key activities for the sector and government, and deliver insights allowing businesses to confidently navigate the upcoming challenges they are likely to face and need to be aware of.
Hosted at A&O Sherman’s offices in London, the conference will also give you a chance to join a distinguished speaker faculty of government and industry leaders.
ADS Member AlixPartners brought together experts from their Sourcing & Procurement, Supply Chain, and Growth teams for a webinar on strategies to address new US tariffs. A helpful A&D-focused presentation is also available both resources can be accessed here. Their Sourcing & Procurement, Supply Chain, and Growth teams for a webinar on strategies to address new US tariffs. A helpful A&D-focused presentation is also available both resources can be accessed here.
UK-India trade deal: conclusion summary
This conclusion summary outlines the benefits of the concluded deal between the UK and India, and explains the provisions and chapters in the UK-India Free Trade Agreement (FTA) and Double Contributions Convention (DCC).
As soon as the deal comes into force, 64% of tariff lines will be eligible for tariff-free imports into India, covering £1.9 billion of current UK exports to India (2022). This will include UK exports of advanced manufacturing such as aircraft parts and scientific and technical measuring instruments.