UK Seeks Business Views, Import Data to Shape Tariff Responses

The UK opened a one-month consultation with businesses on how to craft a response to the Trump administration’s reciprocal tariffs.

Business and Trade Secretary Jonathan Reynolds said Thursday the government wants information from UK companies on the average value of their US imports, the impact they would feel from possible UK tariffs, and how they would adjust to such tariffs. UK tariffs are a last resort and other options remain open, Reynolds’ department said.

“The best interests of British business has shaped our approach throughout as we prepare for all scenarios, which is why we are asking them for their ...