Trump’s back in office, and he's brought tariffs with him. And while it might sound like a US-China thing, UK businesses could feel the impact — even if you don’t trade directly with the US.
Let’s break it down.
Trump’s trade policy puts extra charges (tariffs) on goods coming into the US from countries like China, the EU — and yes, even the UK.
This includes everything from raw materials to everyday products.
Now that he’s back, these tariffs are expanding. That’s causing global supply chain shakeups and cost increases that could hit UK SMEs hard.
Even if you never ship a parcel to the US, here’s what might come your way:
Here’s how to stay ahead of the curve:
Know where your stuff comes from. If any of it involves the US or China, plan ahead.
Explore places where trade is a bit smoother — like the EU, Australia, or Canada.
Freeports, customs warehousing, and trade agreements can help lower or delay costs.
Make sure your product codes are accurate to avoid paying more than you should.
Keep an eye on updates and get advice from trade experts if you need it.
There’s opportunity too. If you make niche, high-quality, or tariff-free goods, demand could rise. Plus, more buyers may start looking for UK-made options if imports get pricier.
Tariffs can be a pain, but they don’t have to throw you off course. A few smart moves now can save a lot of hassle later.
Need a financial cushion to make some changes?
Apply for business funding here – it’s quick, easy, and built for businesses like yours.