More than a third of the UK's entrepreneurs are concerned about the financial impact of the proposed commercial tariffs Donald Trump, according to a new survey conducted by Network Network.
The poll poll, which conducted between 10 and 11 February among the 400 members of Helm – who are born with 8 billion pounds – that 37 % of the respondents are afraid that the definitions will be subjected to “great costs” to their operations.
The United States is the second largest export market in the United Kingdom, representing 22 % of the total UK exports, making it a decisive commercial partner for British companies.
However, since the proposed definitions mainly target goods instead of services, the majority of HELM (63 %) members are still not interested. Many believe that Trump's commercial threats are primarily a negotiation tactic, while others are not affected because they are not trading in the United States or export services mainly, which are currently exempt.
Andreas Adids, CEO of Helm, noted that British entrepreneurs are sharply divided around this issue. He said: “While some fear of high costs and disrupting the supply chain, others see potential opportunities with the transformation of trade routes.” “The elasticity of the UK's entrepreneurs and the ability to adapt is extremely important in moving in these uncertainty.”
Sayed Ndim, founder of Digital Solutions Clock, which derives 40 % of its revenue from the United States, rejected Trump's speech as “often a trick and let”.
Canada and Mexico have learned to manage these threats. Since the services excluded from the definitions, we are confident that they will not affect us directly, although the broader economic impact is still a source of concern. “
Meanwhile, MAZ DARVISH, CEO of Ai Firm Confore Hub, noted that removing the minimum doorstep-which currently allows imports of less than $ 800 to enter the customs-free-can settle the stadium for small and medium-sized companies.
He said: “If the United Kingdom and the European Union follow its example, it may enhance local e -commerce and protect consumers from unsafe imports.”
However, some entrepreneurs are still very concerned about high costs and supply chain challenges.
Harry Zalk, Co-CEO for Matrix Group for infrastructure, warned that the customs tariff “will significantly increase the costs of our imports and exports”, while the potential removal of the non-confrontation threshold would increase e-commerce.
For Tobi Schneidler, founder of BoundaPad, founder of BoundaPad, potential effect.
The United States is a main market for us. He said that the definitions will add to the challenges of Britain's exit from the European Union, which makes us more striking exports to us.
As Trump's commercial policies remain in the flow, UK entrepreneurs will closely monitor to assess the potential impact of their business. Whether the proposed definitions are a reality or a political bargaining tool remains, British exporters will need to stay in an increasingly unconfirmed commercial environment.
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