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Investing.com -- The British government released a list of goods on Thursday that could be targeted in a potential tariff response to U.S. President Donald Trump’s decision to impose a 10% import tariff on the nation. The list was published as the government initiated a four-week consultation period with businesses to discuss the potential impacts of any retaliatory tariffs.
The provisional list of products accounts for approximately 27% of British imports of goods originating from the U.S., based on data from 2024, as stated in a government consultation document. The list, referred to as the ’indicative list’, provides an overview of the goods that could be affected if the UK decides to respond with its own set of tariffs.
The move to publish this list and start consultations with businesses comes in response to the U.S. President’s decision to impose a 10% import tariff on Britain. The imposed tariffs and potential retaliatory actions could have significant impacts on trade between the two nations.
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