International News

Industrial Strategy ‘An Important Milestone’

The government has today (23 June) released its long-awaited Industrial Strategy, with Labour ministers talking up a new approach to business development and support for key sectors including manufacturing, professional services and the creative industry.

US Tariffs - Business Implications - FAQs

US - UK Economic Prosperity Deal (EPD)

The new Executive Order made by the US President on 16 June provides new clarity on timelines on tariff reductions provided for in the General Heads of Agreement within the Economic Prosperity Deal (EPD) made between the UK and US on 8 May 2025. It follows an agreement reached by the Prime Minister and the President on 16 June on implementing the EPD.

UK Spared New US Tariffs

Confirmation that new US tariffs on steel and aluminium should not affect UK exports.

HMRC Prepares to Scale Up Compliance Audits Efforts

There is a hint of a warning that UK businesses should think about possible customs compliance audits sooner rather than later, as the government strongly suggests that it’s time to ramp up audits to collect outstanding debt.

Fruit and Veg Import Checks Scrapped

In advance of a new SPS agreement with EU, fruit and veg imports will require no fees or border checks - saving businesses time and money

Import and Export Skills Bootcamps Are Back!

The Hull and Humber Chamber of Commerce is pleased to announce that we have received funding to deliver a further 3 Import and Export Bootcamps.

EU-UK Summit Marks New Beginning

The EU-UK summit yielded a deal that commits both parties to greater cooperation on defence, energy and Sanitary and Phytosanitary (SPS) controls, marking a meaningful shift in post-Brexit relations between the two.

Foot and Mouth Disease in Germany - Updated 14/05/2025

The following information is from DEFRA - 14/05/2025

US and China Agree to Lower Tariffs for Next 90 Days

The US and China have agreed a deal that will significantly cut the import tariffs they have imposed on each other, in a major de-escalation of their trade war.

US Trade Deal Provides Welcome Relief

UK prime minister Sir Keir Starmer and US president Donald Trump sign the UK-US Economic Prosperity Deal.

UK must commit to free trade, BCC President tells Mansion House guests

THE President of the British Chambers of Commerce has urged the Government to commit to free trade and to pursue an improved EU deal in a speech at the Mansion House.

Chamber welcomes UK and India trade deal which offers ‘substantial opportunities’

THE Hull & Humber Chamber of Commerce has welcomed a new trade deal between the UK and India that will make it easier for UK firms to export their goods.

UK Expands Russia Sanctions

New UK measures ban the export, supply, or use of additional goods in Russia — including chemicals, electronics, plastics, machinery, and metals — along with related services.

UK CBAM Update - Draft Primary Legislation Published

The government published the draft primary legislation for the Carbon Border Adjustment Mechanism (CBAM) for technical consultation.