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Trump’s latest tariffs put UK at disadvantage to EU, say experts

Source: The Guardian Published Fri, 24 Jul 2026 11:29:48 GMT
Trump’s latest tariffs put UK at disadvantage to EU, say experts

Why This Matters

Key context: <p>While overall levy for UK is unchanged, sectors not covered by Turnberry deal face tougher competition</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/jul/24/asian-stocks-slide-trump-countries-trade-tariffs-latest-economy-news">Business live – latest updates</a></p></li></ul><p>Donald Trump’s latest round of tariffs has put UK businesses at a disadvantage against the EU even though the overall tariff for British goods has not changed, experts have said.</p><p>In the levies, announced late on Thursday and said to be aimed against countries that engage in forced labour, the EU’s previous 15% near blanket tariff is reduced to 10%, the same level as the tariff deal struck by Keir Starmer and Peter Mandelson last year.</p> <a href="https://www.theguardian.com/business/2026/jul/24/trump-tariffs-uk-disadvantage-eu-turnberry-competition">Continue reading...</a> This development from The Guardian highlights ongoing changes in the sector.

While overall levy for UK is unchanged, sectors not covered by Turnberry deal face tougher competitionBusiness live – latest updatesDonald Trump’s latest round of tariffs has put UK businesses at a disadvantage against the EU even though the overall tariff for British goods has not changed, experts have said.In the levies, announced late on Thursday and said to be aimed against countries that engage in forced labour, the EU’s previous 15% near blanket tariff is reduced to 10%, the same level as the tariff deal struck by Keir Starmer and Peter Mandelson last year. Continue reading...

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