Site navigation

Swinney Calls for ‘Decisive’ Action from UK Gov Over Tariffs

Elizabeth Greenberg

,

scotland us tariffs
“This is a time of real uncertainty for industry and workers, as we face potentially damaging economic headwinds from the US Government’s implementation of tariffs,” the first minister said.

First Minister John Swinney met representatives from the Scottish business community and trade unions at Bute House, as he underlined his commitment to work together to ensure Scotland’s economic resilience in the face of global uncertainty.

US tariffs have been looming over every industry as it threatens global market stability and looks to negatively affect supply chains. The US is imposing a 10% tariff on all goods imported from the UK, which will affect Scottish exports to one of the world’s largest markets.

“This is a time of real uncertainty for industry and workers, as we face potentially damaging economic headwinds from the US Government’s implementation of tariffs,” the first minister said after the meeting.

“I am determined that we have a coordinated response with business and trades unions and that we work together to map out the actions that need to be taken in response, both here in Scotland and across the UK.

“I have been clear today that the Programme for Government I publish on 6 May will include measures to ensure we drive economic growth, draw in new investment and create rewarding, well-paid jobs in Scotland.

“But I have also been clear that we need to see bold and decisive action from the UK Government that reflects the uncertainty being felt by business and families.

“I have heard directly from Scottish industry and workers representatives today – and I will now ensure the UK Government understands Scotland’s distinctive challenges and opportunities as I seek formal intergovernmental discussions on the UK’s economic response.


Recommended reading


“The UK Government’s response must include closer alignment with the EU, removing the self-imposed straitjacket of the Chancellor’s fiscal rules and reversing the tax on jobs through the national insurance hike.

“And it must include serious investment in Scotland’s green economic future – treating our industry on a par with sites elsewhere in the UK.

“The breadth of industry represented during our discussions today shows the fundamental strength of Scotland’s economy – but the UK Government needs to act and not treat Scotland like an afterthought.”

Elizabeth Greenberg

Staff Writer

Latest News

AI

Nvidia Launches Open Secure AI Alliance for AI Safety and Security

AI Business Recruitment

Nearly a Quarter of Orgs Reducing Entry-level Hiring Due to AI Automation

Business

Scottish Businesses Turn to Self-funding as Growth Confidence Dips in H2

Data Finance

Payment Leaders are Struggling to Get Real-time Data