The changes introduce different tariff treatments depending on the country of origin of the imported goods and are expected to have implications for UK fashion and textile businesses exporting to the US market.
To help members understand the new requirements, UKFT has published a new guide explaining the new Section 301 tariff framework, what the changes mean for UK exporters, how the tariffs apply to products from different countries of origin, the different tariff methodologies applying to key trading partners, including the UK and the European Union, and the steps businesses should take to assess the potential impact on their exports.
UKFT will continue to monitor developments and update the guidance as further information becomes available. The full UKFT Guide to the US Section 301 Tariffs can be requested by UKFT members by emailing compliance@ukft.org
