Manufacturing News

UK manufacturers brace for US tariffs

By Jasper Jolly for The Guardian

Oct 18, 2019

British manufacturers of products ranging from Scotch whisky to biscuits and Savile Row suits are braced for a significant financial hit after US tariffs came into effect in retaliation for subsidies given to aerospace manufacturer Airbus.

Tariffs of 25% came into effect at midnight on the US east coast (5am BST), damaging small businesses with few links to a 15-year aerospace industry battle between Airbus, the European champion, and American rival Boeing.

A broad variety of products across the EU have been hit by the tariffs, including French wine, Italian parmesan and Spanish olives.

To learn more, read "UK manufacturers braced for financial hit as US tariffs bite" from The Guardian.

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