UK tariff activity remained minimal to start the week. Today’s published update contained only 13 back-dated changes, all of which were minor updates to product descriptions across a variety of sectors including electrical machinery and organic chemicals. No new measures took effect, and no new trade defence actions, quotas, or significant duty changes were loaded for the future.
What to watch
Following a quiet weekend and a similar start to the new week, attention remains on the significant trade defence action that took effect last Thursday. The expansion of anti-dumping duties to cover bicycles from Malaysia and Pakistan, and crucially, key bicycle parts from China, remains the most important recent development for trade professionals to monitor.