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Trump tariff: British exporters on pain and opportunities

Trump tariff: British exporters on pain and opportunities

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The UK's US auto market has a tremendous impact on the UK economy. Last year, the UK exported to 9 billion US.

The division has already published 25%of US tariffs on Trump's previously announced cars and light vehicles.

Mike Hawes, the chief executive of the motor manufacturer and trader association, says:

Trump's Wednesday will be announced on Wednesday, as the US tax is announced at 10%for all British imports, which will now increase the order to include the same thing as the electric motorcycle manufacturer MAEVING.

SEB Inglis-Jones, co-founder and co-committee member of Coventry Company, said US sales are “always evolving.” For example, 68%of sales came from the United States last month, but in general, the United States accounts for about 40%of the annual turnover.

INGLIS-JONES says the United States has helped to respond to poor economic outlooks in other major markets in Maeving, such as the UK, France and Germany.

“In the United States, there are more disposable income, like us, more discretionary purchases, slightly more expensive British electric motorcycles, Americans can spend more money.”

He said that MAEVING has recently raised prices in the United States, and the cost of doing business in the state, not preemptive movements before tariffs.

Will the company raise the price again?

INGLIS-JONES thinks that we are more interested as a young EV. [electric vehicle] Make sure your company, growth and price are suitable for US customers.

“If we can't disguise it, we will have to raise the price again.”

Sources

1/ https://Google.com/

2/ https://www.bbc.co.uk/news/articles/c2308dnmgygo

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