The UK government is discussing its digital services tax (DST) and Online Safety Act (OSA) with the United States as part of negotiations aimed at avoiding American trade tariffs, Prime Minister Sir Keir Starmer has confirmed. Washington opposes the DST, which levies taxes on large technology firms
Tarrifs
Half of UK adults say they are now less likely to buy American products in the wake of Donald Trump’s tariffs on the UK, a new poll has revealed. The Savanta survey, commissioned by the Liberal Democrats, found 59% of UK adults support a 'Buy British' campaign in response, with support rising
US President Donald Trump's proposed tariffs could cost the UK economy nearly £22 billion over the next two years, according to analysis by KPMG. The economists predict a potential US trade war would reduce UK economic output by 0.8% by 2027, leaving the country £21.6bn worse off and add
Stuart McCallum examines the potential consequences of higher US tariffs on two of Scotlands key exports – whisky and salmon – considering how producers might adapt and the possible effects on consumers and the wider economy. Whisky and salmon are two of the largest exports from the UK s
UK businesses will shape the UK’s response to US tariffs announced overnight, as part of plans announced by the Business and Trade Secretary. Following the 10% reciprocal tariffs on a range of products announced by the Trump administration yesterday, UK companies are being invited to give thei
Over a third of Scottish mid-market businesses have said that they expect to be directly affected ‘to a significant extent’ by the US Government tariffs, according to the latest survey from BDO. Its survey of 500 mid-market businesses conducted between 24 March and 2 April - before
US President Donald Trump has announced potential new tariffs on imports, proposing a 10% levy on goods entering America from the United Kingdom. The prospect has caused significant concern within Scotland's whisky industry, for which the US market is paramount, generating approximately £1 bil