UK Supply Chains Hit with 12.5% Tariff as EU Wins Better US Trade Terms
The new US forced-labour tariff regime imposes 10-12.5% duties on UK exports while the EU operates under a more favourable deal, creating a procurement cost gap that threatens to relegate British suppliers to second-tier status. Supply chain consultancy Proxima warns UK firms are underprepared for the compounding cost pressures. Procurement teams face immediate sourcing recalculations as US importers gain a structural incentive to switch from UK to EU suppliers.
Source: aol.co.uk · penarthtimes.co.uk