In response to the announcement that the U.S. has suspended tariffs on UK goods as part of an ongoing trade dispute, BritishAmerican Business said:

We are pleased to see today’s announcement that the United Kingdom and United States have agreed on the removal of a range of retaliatory tariffs on British goods entering the U.S. for a period of four months, including Scotch Whisky, Textiles, Machinery, and Agricultural Products, among a range of other goods, as well as a joint de-escalation of the Boeing-Airbus dispute.

As we found during our recent Making a Difference Virtual Roadshow, the tariffs imposed as part of the Boeing-Airbus dispute particularly impacted SMEs who struggled to absorb the additional costs of doing business across the Atlantic. We look forward to continuing to support both sides in reaching a long-term settlement to the dispute.