Biden Increases Tariffs on Chinese Goods

US president Joe Biden has hiked tariffs on a wide range of Chinese goods, citing “unfair competition” from Beijing. In an announcement by the White House, the Biden administration said it had increased tariffs on a number of Chinese imports, citing a need to protect...

Government Phasing Out Old Export Licensing

The old SPIRE system for export licensing is being slowly retired as the government switches to a new system. The Export Control Joint Unit (ECJU) is bringing in a new system called Licensing for International Trade and Enterprise (LITE). It’s estimated that £15bn...

Concerns Raised Over UK-EU EV Deal

Parliament’s European scrutiny committee has raised concerns over the UK and EU’s deal to prevent electric vehicle exports being hit by post-Brexit tariffs. Last year, the EU and UK reached an agreement that avoided a so-called ‘tariff cliff edge’, delaying the...