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  • Market Uncertainty Following Trump's Tariff Announcement on Canada, Mexico and China

    President Trump announced a raft of tariffs last weekend with levies of 25% on Mexico, 25% on Canadian non-energy goods, 10% on Canadian energy and a 10% increase to tariffs on China. The US dollar considerably strengthened at market opening for Asia, with the Euro/US Dollar hitting a low of under 1.02 and the Pound/US Dollar dropping to under 1.23. MXN, CAD and Chinese Renminbi also weakened considerably, but the FX market moves then settled.   When asked whether tariffs on the EU would follow, Trump stated, "It will definitely happen". In comparison, Trump has been more muted on trade terms with the UK and has even spoken positively about Prime Minister Starmer’s leadership. This boosted the pound against most other currencies.  For more information on the current FX movements and for help on how to plan with these changes, we offer all members a Free Foreign Exchange Healthcheck with our partner Moneycorp. Get in touch on 0161 393 4314 or international@gmchamber.co.uk  to discuss with one of the team.

  • President Trump Announces 25% Tariffs on Steel and Aluminium Imports

    The United States is set to introduce 25% tariffs on steel and aluminium imports this week, President Donald Trump announced on the 9th of February. This marks the latest in a series of trade measures introduced under his new presidency.  The US president stated that the tariffs would apply to "any steel entering the United States," adding that they would also cover aluminium imports. Trump previously implemented similar tariffs during his presidency from 2017 to 2021, arguing that US industries needed protection from what he deemed unfair competition from Asian and European nations.  According to US trade data, Canada is the leading exporter of steel and aluminium to the United States, followed by Brazil, Mexico and South Korea. Since taking office, Trump has demonstrated a willingness to use tariffs as a financial tool, targeting key trading partners such as China, Mexico, and Canada. Initially, he suspended the 25% tariffs on Canada and Mexico for a month after both nations agreed to take measures against the flow of fentanyl and undocumented migrants entering the US. However, tariffs against China have remained in place and, as of 11 February, Chinese goods entering the US will face an additional 10% levy.  Beijing has retaliated with targeted tariffs on American exports, including coal and liquefied natural gas, which will take effect on 10 February.  According to Goldman Sachs, China’s latest tariffs impact $14 billion worth of US goods, whereas Trump’s newly announced tariffs apply to $525 billion of Chinese imports. Trump has also pledged to impose tariffs on the European Union, warning that he will soon introduce unspecified "reciprocal tariffs."  The US trade deficit, the largest in the world, reached nearly $920 billion last year. While Trump has promised a "new golden era" for the country, he insists that the burden of tariffs will fall on foreign exporters rather than American consumers, despite most experts arguing otherwise. Nevertheless, after imposing tariffs on Mexico, Canada, and China earlier this month, he acknowledged that Americans might experience some "economic hardship."  Trump has also used tariffs as a negotiating tactic to achieve broader political goals. Recently, he threatened to impose tariffs on Colombia after the country refused entry to US military planes carrying deported migrants. However, following a day of tense exchanges with Trump, the Colombian government reversed its stance.  If you're doing business with the US or have a supply chain that includes the US, and you're looking to reassess your duty management strategy, contact the International Trade team at the Greater Manchester Chamber of Commerce by emailing international@gmchamber.co.uk today for expert guidance.

  • What 'America's First Trade Policy' Executive Order means for UK-US trade?

    On January 20, 2025, President Donald Trump issued the "America First Trade Policy" Executive Order, signalling a renewed focus on reducing trade deficits and protecting U.S. economic interests. This policy mandates comprehensive reviews of existing trade agreements and practices, aiming to identify and address imbalances and unfair practices, outlining a significant shift in US trade policy going forward. Some of the key aspects of this new policy include the focus on national security as part trade policy. Whilst there was no immediate tariffs announcement, the order directs the U.S. Department of Commerce to investigate the causes of persistent trade deficits and recommend appropriate measures, which may include global supplemental tariffs which will stack up on top of existing duties. While the initial focus appears to be on countries with substantial trade surpluses with the U.S, the UK must remain vigilant. Also worth mentioning, the focus of this investigation is goods and not services, where the US has a big USD$300 bn in surplus. As mentioned in earlier blogs, for the United Kingdom, this new policy introduces both challenges and opportunities. The US remains as one of the UK’s top trading and investing partners, and this is not different for Greater Manchester. So, whilst tariffs are not being implemented straight away, the America First Trade Policy certainly signals these may come sooner rather than later, and thus, both UK government and traders must prepare now. Another area the Executive Order calls is for the review of unfair trade practices by other countries, which could lead to the imposition of tariffs or other remedial actions. The UK must assess its trade practices to ensure compliance and avoid potential conflicts. The establishment of an External Revenue Service to collect tariffs and duties further underscores the U.S. administration's commitment to enforcing its trade policies. In response, the UK government is preparing to engage in strategic discussions with U.S. counterparts to mitigate any adverse effects on UK-US trade. This includes exploring avenues to strengthen economic ties and address any concerns arising from the new U.S. trade policies. The appointment of key diplomatic figures, such as the potential selection of Peter Mandelson as UK ambassador to Washington, is seen as crucial for maintaining robust transatlantic relations during this period. While the "America First Trade Policy" Executive Order aims to bolster U.S. economic interests, it requires careful navigation by the UK to preserve and enhance its trade relationship with the United States. Proactive engagement and strategic diplomacy will be essential to address the challenges and leverage the opportunities presented by this policy shift. UK Exporters – specially those trading goods need to prepare and plan for the eventuality of tariffs being applied, and also how their current supply chains may be affected. Don’t wait around and plan ahead! Need Support? Contact our team at international@gmchamber.co.uk Sources: The Guardian, DOJO Consulting, The White House, ICC

  • GM Chamber: Empowering Global Supply Chains through ITC SheTrades Initiative

    For those who are not aware what the ITC SheTrades Initiative is all about, let us tell you a little about it!       ITC SheTrades  Recognising the importance of women’s economic empowerment has been a central feature of the global development agenda for decades. Whilst significant progress has been made, it is fair to say there is still so much more that can be done to support women, especially in developing countries. The International Trade Centre, a joint agency of the World Trade Organisation and United Nations, launched this flagship Women and Trade Programme to help remove some of the persistent barriers that have prevented more women taking part in trade.    Greater Manchester Chamber has been a keen supporter of this initiative and in 2024 we supported many business missions going to Asia and African countries, with some of our members and customers making meaningful connections with potential women entrepreneurs.  This year, however, we are going a step further and, for the first time, Greater Manchester Chamber in partnership with the International Trade Centre as well as UK International Development, with support from Birmingham Chamber of Commerce, London Chamber of Commerce, West and North Yorkshire Chamber and Liverpool Chambers of Commerce, will be hosting a delegation of 50 women entrepreneurs from 10 different Asian and African countries.  This is a unique opportunity for members and companies across Greater Manchester, the North West, Yorkshire and Humber and across the UK to meet potential new suppliers across a wide range of sectors, such as:  Agri-food (Fresh and Processed): Honey, tea, coffee, dehydrated and frozen fruits (passion fruit, mango, banana, pineapple), dried cereals, tropical fruit jam, fresh produce (e.g. avocados, vegetables, chillies, French beans, sweet potatoes, etc)  Apparel & Accessories (Women, Men, Kids and Baby wear): Sportswear (e.g. jogger suits, hoodies, etc), blazers, socks, motorcycle safety wear, night wear, and accessories such as pashmina and cashmere finished products (e.g. scarves), leather products etc.  Textiles: Cotton, Silk, Chiffon, processed leather,  georgette fabrics  Beauty & Cosmetics: Essential oils – wild and natural (e.g. Baobab, Ximenia, Beard, Mongongo, Marula, Mafura, Citrus, Floral and Herbal), body creams with shea butter and avocado oil, African Black soap, natural silks and scrubbers, facial serums, lip balms and detox clay  Handicrafts/Home Décor: Baskets, lampshades, bamboo products, Jute, Hogla, Leather goods, cashmere and Yak wool products, blankets and throws (home décor).  IT and BPO: Software development, Mobile Applications, Web development, enterprise solutions, call centres  View the full suppliers’ profiles here    Why shouldn’t you miss this event?  Save valuable business development time as we present you with high quality and experienced suppliers helping you to diversify your supply chain effectively  Save time and money by cutting down overseas travelling time & expenses (flights, hotels, related costs) by meeting potential suppliers at your doorstep, here in the UK.  Whilst virtual connections are helpful, take advantage of the opportunity to meet face to face with potential partners and develop fruitful buyer-supplier relationships.  Support a great global initiative which can support your marketing and promotional efforts!  By 2050 many African and Asian countries are due to be some of the fastest growing markets in the world, with many of them ranking in the top 10 largest markets in the world!      Who should attend?  British companies seeking to expand or grow their supply chain the above sectors  British companies seeking to establish partnerships within the IT and BPO sectors  Does it have a cost?  No, it is FREE for member and non-members, but you must register your expression of interest here   Don't miss on this unique opportunity!

  • DEFRA: Foot and Mouth Update for traders

    Following the recent Food and Mouth outbreak in Germany, DEFRA has issued a series of updates to support traders: Great Britain (England, Scotland and Wales) has suspended the import of the following commodities to GB from Germany, following confirmed cases of FMD on 10th Jan 2025: live (including non-domestic) ungulates (ruminants and porcine animals, including wild game) and their germplasm fresh meat from ungulates meat products from ungulates that have not been subject to specific treatment D1 or higher (including wild game) milk, colostrum and their products, unless subjected to treatment as defined in Article 4 of Regulation 605/2010 animal by-products, unless treated to effectively mitigate the risk of FMD Defra have issued information on the restrictions , and technical details are on the relevant lists on GOV UK. Traders can also view a webinar where experts answered some of the most frequently asked questions from businesses, including processing requirements. FMD – Permitted treatments for raw ham and pepperoni DEFRA has received questions about permitted treatments for products which go through a fermentation and maturation process, such as raw ham or pepperoni. These products must comply with the treatment requirements in D. Raw ham will require a treatment consisting of natural fermentation and maturation of not less than nine months and resulting in the following characteristics: • Aw value of not more than 0.93 • pH value of not more than 6.0 Short-fermented products with German content, such as pepperoni, will still require the heat treatment set out in D, even if they meet the pH and AW level in D. FMD – Import conditions for untreated wool and hair, animal casings To protect animal health in Great Britain, action has been taken to amend the foot and mouth disease (FMD) import conditions for: • untreated wool and hair • animal casings Imports of untreated wool and hair of species susceptible to foot and mouth disease (FMD) (except porcines) will only be permitted from countries or zones that are recognised as free of FMD by the World Organisation for Animal Health (WOAH), and must be accompanied by: • a commercial document or importer declaration (if applicable**) • the health certificate provided in the safeguard declaration (only applicable to countries with FMD that are exporting from FMD-free zones) Import of untreated wool and hair - Import Information Note (IIN) ABP/23A - GOV.UK contains guidance on when an importer declaration would be applicable. Imports of animal casings of species susceptible to FMD, classical swine fever (CSF) and African swine fever (ASF) without specific risk mitigating treatment will only be permitted from EU and EFTA countries and non-EU countries or zones approved to export fresh meat of the relevant species and are recognised by the World Organisation for Animal Health (WOAH) as free of FMD. For countries or zones that are not recognised as free of FMD and/or not approved to export fresh meat of the relevant species, the casings must: come from holdings that are not under restrictions due to notifiable diseases in Annex 4 of the special measure below have been subjected to a risk mitigating treatment as set out in the relevant model export health certificate For imports of animal casing, the date from which the animal casings certificate (GBHC370 Version 2.0 Jan-25) must be used is 16 April 2025, allowing for a three-month implementation period. Version GBHC370 v1.1 Aug-23 will only be accepted until 16 April 2025. This is the last date (inclusive) that the certificate will be accepted, based on the date it was signed, not the date the consignment arrives in Great Britain. From 17 January 2025, importers of untreated wool and untreated hair (except porcine), and animal casings of species susceptible to FMD must ensure compliance with the new requirements. Please see Imports, exports and EU trade of animals and animal products: topical issues - GOV.UK for more information on the new requirements. What to do if your animal product import is held at the border If your animal product import is being held at the border, there may be a number of reasons: • current restrictions due to foot and mouth disease in Germany • the Port Health Authority requires an inspection • Incorrect, missing or no documentation • errors in your CHED import notification or your customs declaration Your first point of contact for animal product imports held at the border should always be the port health authority at the point of entry. You’ll find full contact details for all PHAs on GOV UK and on this map . You must provide: The CHED import notification references (format CHEDX.2025.XXXXXXX) for the consignments being held Vehicle registrations and trailer numbers for any trucks or trailers held It’s also useful to provide the customs declaration MRN number and the Goods Movement Reference if there is one. The PHA will be able to tell you why the goods are being held and what action you need to take to resolve the hold. Sources: DEFRA, Mersey Port Health Newsletter

  • Global Sustainability Compliance Regulations: Why UK Traders Must Stay Ahead

    Climate change and its impact on earth has been putting pressure on governments and policy markets to ensure we are promoting a sustainable economic growth across the globe. It is therefore no surprising that global sustainability compliance regulations are being introduced and these are reshaping the way businesses operate, and UK traders are no exception. These regulations encompass environmental, social, and governance (ESG) standards designed to address pressing global issues such as climate change, resource depletion, and ethical labour practices. For UK traders, adhering to these standards is becoming increasingly critical to remain competitive in the global marketplace. Key frameworks driving global sustainability include the Paris Agreement, the European Union’s Green Strategy, and the UN’s Sustainable Development Goals (SDGs). Additionally, the UK’s own Environmental Bill and net-zero targets further emphasize the importance of sustainable practices. These regulations require businesses to adopt transparent supply chains, reduce carbon footprints, promote circular economies as well as uphold ethical labour standards. Failure to comply can result in legal penalties, loss of trading opportunities, and damage to brand reputation. For UK traders, the importance of aligning with global sustainability compliance cannot be overstated. Trading partners and consumers alike are prioritizing environmentally and socially responsible products and if your business implements these it will definitely give you a competitive advantage. Many international markets now mandate sustainability certifications, such as the ISO 14001 for environmental management, as prerequisites for trade. Staying compliant not only ensures access to these markets but also bolsters trust and loyalty among customers and stakeholders. Proactive compliance offers additional benefits. By integrating sustainable practices, traders can reduce operational costs through energy efficiency and waste reduction while fostering innovation. Furthermore, sustainability-focused businesses often enjoy greater resilience against economic and regulatory risks. How can UK traders stay ahead? To meet these demands, traders must invest in robust compliance strategies, including staff training and technology adoption. Understanding the evolving landscape of global sustainability regulations ensures businesses can navigate complexities and seize opportunities. In a world increasingly driven by sustainability, UK traders who prioritize compliance will not only safeguard their operations but also contribute to a greener, more equitable global economy. Interested in up-skilling and remain compliant? Book in our upcoming Training Course 'Introduction to Global Sustainability Compliance, March 2025 ', 5th March, Online. Need compliance support? Email us at international@gmchamber.co.uk and discover how our team and network of associates can help.

  • Latin America and the Caribbean: Markets of Opportunity for UK Businesses

    Is your company ready to seize the potential of one of the world's most promising markets? Latin America and the Caribbean are emerging as one of the most dynamic and attractive regions for UK businesses. With a population of 650 million people, a combined economy exceeding $5 trillion, and a 22% growth in bilateral trade with the UK over the past five years, the region offers opportunities you cannot afford to miss. Source: Inter-American Development Bank (IDB), "Trade Trend Estimates: Latin America and the Caribbean – 2024 Edition. Accelerated digitalization, infrastructure projects, and a focus on sustainability are transforming the region, creating fertile ground for sectors such as technology, food and beverages, manufacturing, and renewable energy. Why Are Latin America and the Caribbean the Key Destination for Your Company? Economic Growth and Strategic Sectors Latin America leads the growth of e-commerce globally (37% in 2023), becoming a strategic hub for sustainable production. Consumers seek premium, innovative products aligned with the green economy, where UK companies have a competitive edge. Advantages for UK Businesses Accessible entry costs: Lower compared to Asia or North America. Strong trade relations: Agreements with countries like Mexico, Brazil, and Chile remove market entry barriers. Receptive market: Consumers value the quality and reliability of UK brands. 3. Key Trends Accelerated digitalization across all sectors. Growing demand for technological, financial, and logistical solutions. Infrastructure projects funded by international organizations. Latin America and the Caribbean: More Than a Tourist Destination Latin America and the Caribbean are much more than a tourist destination; they are vibrant markets full of opportunities for UK businesses. At the upcoming Business Clinic organized by the Greater Manchester Chamber of Commerce, you will gain strategic insights, connect with international trade experts, and discover how to take your business to the next level. Do you want to learn more about Latin America and the potential of its market? Join our next free Business Clinic taking place on the 30th Jan 10AM-2PM and take the opportunity to speak with market experts and expand your knowledge. Click below to book your slot

  • Importing animal by-products which require an import authorisation, from the EU to Great Britain

    Since April 2024, all imports of animal by-products from the EU which require an import authorisation, have been covered by one of four authorisations published here. This means importers do not currently need to apply to the APHA for a specific import authorisation for their goods. In a change to published guidance, the introduction of the requirement for importers to apply to the APHA for a specific import authorisation for their goods, from 1 February 2025, will not go ahead. Where no health certificate is required, importers can continue to import their goods with only a commercial document travelling with the consignment, using one of the appropriate general import authorisations published on gov.uk .  The authorisation does not have to travel with the consignment unless the authorisation states otherwise. New general import authorisations are currently under development for certain types of products from the EU, which may introduce new import conditions for these products, to ensure animal and public health is protected. These will be published here and sufficient time will be given to traders before their use is required. **The above does not apply to goods originating in non-EU countries, transiting the EU on their way to the UK. These goods will continue to follow existing rules for importing ABP from non-EU countries to Great Britain. Relevant Import Information Notes will also be updated to indicate when new general import authorisations have been published for different types of ABP. It is the responsibility of the importer to ensure that the most up-to date and appropriate general import authorisation is being used before importing their goods. If there isn’t a relevant import information note, your goods may still need an import authorisation. If in doubt, please contact your relevant Port Health Authority. You can find out whether your goods need an import authorisation by checking the relevant import information note. Guidance on gov.uk will shortly be updated to reflect this change. We will communicate with traders once guidance is available. Need further support? We offer customs advice on export and import matters, simply call our team at 0161 393 4314 or email us at international@gmchamber.co.uk Need to upskill your team on importing procedures? check our training and events calendar

  • The New European General Product Safety Regulation: Key Takeaways for UK Traders

    The European Union's updated General Product Safety Regulation (GPSR) came into force in June 2023, replacing the long-standing General Product Safety Directive (GPSD) and the Food Imitating Product Directive and comes into effect from the 13th December 2024. This new regulation aims to modernize consumer protection in the EU, reflecting changes in technology, e-commerce, and market dynamics. For UK traders selling into the EU, understanding the GPSR's requirements is critical to maintaining compliance and avoiding penalties. What Products are covered under the new GPSR? It applies to any product made available on the EU market, whether new, used, repaired or reconditioned, with a few exceptions, including the below and those goods covered under the CE Marking: Medicinal products (for human or veterinary usage) Food and feed Living animals and plants Genetically modified organisms and microorganisms Plant and animal products related to their reproduction Animal by-products Products for plant protection Travel equipment operated by a service provider for consumers’ riding purposes Aircraft Antiques Key Changes in the GPSR Focus on E-Commerce: The GPSR includes specific provisions for online marketplaces, requiring platforms to actively ensure product safety. This marks a significant shift from the GPSD, which lacked clear rules for digital sales. Enhanced Traceability: Economic operators, including manufacturers, importers, and distributors, must ensure robust traceability systems. Products must have clear labels indicating their origin, and operators must keep detailed records for at least 10 years. AI and Technology Risks: The regulation acknowledges risks posed by emerging technologies, including AI-driven products. Safety assessments now explicitly consider cybersecurity vulnerabilities and software updates. Market Surveillance: EU authorities have broader powers to enforce safety standards, including the ability to recall unsafe products swiftly and impose penalties on non-compliant businesses. Implications for UK Traders UK businesses exporting to the EU must align with the GPSR’s requirements. Non-EU traders must appoint an EU-based responsible person to ensure compliance with product safety laws. Additionally, businesses must adapt their documentation and labelling practices to meet the regulation’s stringent standards. Failing to comply could result in fines, product recalls, or loss of access to the EU market. For UK traders, staying informed and proactive is essential. Seeking legal advice or consulting compliance experts can mitigate risks and ensure smooth operations within the EU. By prioritizing safety and transparency, UK traders can not only comply with the GPSR but also build trust and competitiveness in the European market. What exporters, manufacturers and suppliers to the EU market need to do? Carry out a risk analysis of their products Appoint an EU operator, if you do not have an EU presence, who will be responsible for ensuring the products comply with safety requirements, respond to consumer enquiries and raise any safety issues with authorities. Requirement to include an electronic address on the product. If that is not possible, then on the packaging or an accompanying document. Requirements about labelling including adding warnings and safety notifications in a language the purchasing consumer can understand. Online marketplaces are also subject to additional requirements, they must, for instance: Have in place a single point of contact for market surveillance authorities and enquiries.  Record product and customer information.  Use the Safety Business Gateway to report any issues.  Report and cooperate with market surveillance authorities and other operators  Establish internal compliance procedures.    The UK is not currently planning to adopt this new regulation, and will continue to operate under the old 2005 (which mirrors the EU’s GPSD). A consultation has taken place reviewing the existing regulatory framework but there has not further updates. Selling to Northern Ireland The new EU GPSR will also apply to goods sold to NI from the 13th December. So if you are selling into NI, make sure you are taking the respective measures to comply with the new regulation. Need support? Talk to our expert team and network of associates! Email us at international@gmchamberco.uk or call us at 0161 393 4314. Sources: European Commission, UK government, i-Croner, SGS, BCC

  • Importing ‘Research & Diagnostic Samples’ from the EU and EFTA countries to Great Britain (GB) from 1st February 2025

    Research and Diagnostic Samples are defined in the Regulation (EU) 142/2011 as ‘animal by-products and derived products (ABPs) intended for examination in the context of diagnostic activities or analysis for the promotion of progress in science and technology, in the context of education or research activities. They also must: be imported in accordance with the requirements laid down in Regulation (EU) 142/2011 have been authorised by the competent authority of the country of destination Any subsequent use of research and diagnostic samples for purposes other than those referred to above shall be prohibited. They cannot for example be used for commercial use. At this moment, there is no requirement for consignment of Research and Diagnostic samples from the EU and European Free Trade Association (EFTA) countries (Iceland · Liechtenstein · Norway · Switzerland) to be accompanied by an import authorisation or facilitation letter. However, as from 1st February 2025, this changes with consignments having to be accompanied by a general import authorisation, a form that will be available soon at Gov.uk This general authorisation can be used for any product that meets the definition of ‘research and diagnostic sample’ and can comply with the conditions for import as set out in this import information note. Traders will no longer need to apply to APHA for a specific import authorisation to import research and diagnostic samples from the EU and EFTA member states, instead they will simply be required to obtain an authorisation from Gov.uk Here's other things UK importers need to be aware of: 1. Health Certification Requirements: For medium and high-risk animal by-products (ABPs) used in research and diagnostics, importers must provide an official health certificate or a commercial document if no health certificate is applicable. These documents must confirm the safety and origin of the samples 2. Pre-Notification and Documentation: All imports need to be pre-notified using the IPAFFS system. For certain samples categorized as low risk under the Border Target Operating Model (BTOM), simpler documentation like a commercial document may suffice. This categorization is based on the product's processing level and disease transmission risk 3. Approved Establishments: Samples must originate from EU or EFTA facilities approved to export to GB. Importers should verify the establishment's status on official listings to avoid delays at border inspections. 4. Physical Inspections: Increased physical checks will be introduced for certain sample types, focusing on medium and high-risk imports. Ensuring accurate paperwork will expedite border clearance. Businesses involved in importing research or diagnostic materials should familiarize themselves with these requirements and prepare early to avoid disruptions. For detailed guidance, refer to resources like the UK government's animal by-products import page. Importing Help If you require support with the importing of Research and Diagnostic samples, feel free to drop our team an email asking for support. From importing training to documentation or customs clearance and compliance advice, our team is at hand to support. Call us at 0161 393 4314 or email us at international@gmchamber.co.uk Source: Merseyside Port Health Authority, Gov.uk

  • Celebrating Christmas in Latin America and the Caribbean: A Festive Opportunity for UK Businesses

    Latin America and the Caribbean transforms into a vibrant tapestry of culture, traditions, and joyous celebrations during the Christmas season. For UK businesses looking to strengthen and embrace new markets, this is a time of boundless opportunity. From the rhythmic beats of festive music to the fragrant aromas of traditional foods, the holiday season in this region offers a unique blend of warmth and hospitality that resonates deeply with its people. A Diverse and Rich Cultural Experience Christmas in Latin America and the Caribbean is a rich tapestry of diverse cultural expressions. In Mexico, the season kicks off with Las Posadas, a nine-day reenactment of Mary and Joseph's search for shelter, culminating in colourful parades and joyous feasts. Meanwhile, in Peru, the streets come alive with festive music and traditional dances, where communities gather to celebrate with gusto. In Brazil, the largest Christmas tree in the world lights up the Lagoa in Rio de Janeiro, drawing visitors from across the globe. The Caribbean islands, known for their hospitality, host a variety of unique traditions. In Jamaica, Grand Market, a lively street fair, fills the air with laughter, music, and the scent of jerk chicken and rum cake. The Dominican Republic's Aguinaldos, like carolling, sees people going door-to-door singing Christmas songs, accompanied by traditional instruments. In Chile, the celebration includes the "Novena," a series of prayers and songs leading up to Christmas, with families gathering to share in the joy of the season. Why UK Businesses Should Consider Exporting The festive season presents a great opportunity for UK companies to tap into the vibrant markets of Latin America and the Caribbean. The regions' growing economies and increasing consumer spending during the holidays make them ideal for businesses looking to expand their footprint. From festive decorations and seasonal foods to gifts and technological gadgets, the demand for high-quality, diverse products soars during this time. Additionally, Christmas is the perfect season to reconnect and strengthen business relationships with clients. By embracing the local culture and understanding the traditions that make these celebrations unique, UK businesses can build strong relationships and brand loyalty. Tailoring products to meet the preferences of these markets, offering promotions, and participating in local festivities can significantly enhance brand visibility and acceptance. Connecting with your clients can be as easy as sending a heartfelt GIF over WhatsApp or an e-card. The thought goes a long way in relationship-based business cultures such as Latin America and the Caribbean. Embracing the spirit of Christmas in Latin America and the Caribbean can open doors to not only new customers but also long-term growth and success. It's a season of joy, connection, and opportunity—one that UK businesses cannot afford to miss. If you want to add this region to your Christmas wish list, start by visiting the Department for Business and Trade’s (DBT) Market guides on www.great.gov.uk for more information. Source: DBT

  • Anti-dumping measure on imports of steel ropes and cables from China is kept

    The Secretary of State for Business and Trade accepted on the 14th November, the recommendation made by the Trade Remedies Authority (TRA’s) recommendation to maintain anti-dumping duties on imports of steel ropes and cables from China, protecting the UK’s £36 million industry. This measure was among those inherited from the EU. The TRA conducted a transition review to establish whether it was still suitable for the UK’s need. The TRA has found that the UK industry would be adversely impacted if the measure wasn't maintained, as imports of steel ropes and cables from China would likely become cheaper by up to 37.7%, which UK producers would not be able to match. As a result, UK production would likely cease. The TRA therefore recommended that the duty on imports of steel ropes and cables be kept at 60.4% for all exporters to the UK and the Secretary of State has accepted that recommendation. Source: UK Government

  • EU CBAM Changes in 2025: What UK Traders Need to Know

    The European Union’s Carbon Border Adjustment Mechanism (CBAM) is poised to transform international trade, with significant changes taking effect from 2025. CBAM is part of the EU's broader European Green Deal, aimed at reducing carbon emissions and levelling the playing field for EU industries subject to stringent environmental regulations. UK traders exporting to the EU need to prepare for these upcoming adjustments. Key Features of CBAM CBAM introduces a carbon pricing mechanism for imported goods in certain high-emission industries, including steel, aluminium, cement, fertilizers, and electricity. Importers in the EU will need to purchase CBAM certificates, reflecting the carbon emissions embedded in the products they bring in. The price of these certificates will mirror the cost of carbon allowances under the EU’s Emissions Trading System (ETS). Changes in 2025 Starting January 1, 2025, the transition phase of CBAM will end, and the full mechanism will be operational. Key updates include: Mandatory Reporting: While reporting requirements began in October 2023, they will become stricter and include verification of embedded emissions by accredited bodies. EU importers will only be able to report emissions using the EU Methodology, and default or estimates values will only be allowed for complex goods that account for less than 20% of the embedded emissions. New Portal Section of the CBAM registry will now enable non-EU installation operators to upload and share emission date securely. Purchase of CBAM Certificates: UK exporters to the EU will be indirectly affected, as their EU importers must buy CBAM certificates for their goods. This could influence pricing and demand for UK products. Expanded Scope: Future extensions to CBAM’s sectoral coverage are likely, potentially affecting more industries, although this may not happen until 2030, and these will be aligned with the full range covered under the EU’s Emissions Trading Scheme (ETS). Implications for UK Traders UK businesses exporting goods subject to CBAM must assess their supply chains and production processes to understand their carbon footprint. Engaging with EU importers is essential to provide accurate emissions data and mitigate potential costs. Proactively adopting decarbonization strategies and ensuring compliance with EU standards will help UK traders remain competitive. Early preparation is critical as CBAM reflects the EU's commitment to climate action, signalling a shift toward sustainability-driven trade policies. Sources: EU, Greenly.earth , Normative

  • UK Businesses Under Investigation for Violating Russia Sanctions

    In response to Russia’s 2022 invasion of Ukraine, the UK and other nations imposed strict sanctions to curb Russia's ability to fund its war efforts. A key part of these sanctions was a cap on Russian oil prices, aimed at limiting the country’s revenue from its primary export. However, investigations suggest that UK-linked firms may be breaking these rules by helping Russia sell oil at prices higher than allowed.  Despite the ongoing investigations, no penalties have been issued, raising questions about the effectiveness of the sanctions.  Purpose of Sanctions  The UK’s sanctions on Russian oil limit the price to $60 per barrel to reduce Russia's income from its oil exports. Oil is a major source of revenue for Russia, and keeping prices low is intended to diminish its financial capacity. UK-linked businesses involved in transporting or insuring Russian oil are required to adhere to these rules. If they facilitate oil sales above the $60 limit, they are violating sanctions.  Data obtained by the BBC reveals that, since December 2022, 52 UK-linked businesses have been investigated for possibly breaching the oil price cap. These investigations are managed by the Office of Financial Sanctions Implementation (OFSI), a unit within the Treasury responsible for enforcing sanctions. As of August 2023, 37 of these investigations are still active, while 15 have concluded, but none have resulted in fines.  Many of the firms under investigation are thought to be maritime insurance companies, which play a critical role in global oil shipping. If found to have insured or transported oil sold above the price cap, these firms could face significant penalties. However, the lack of enforcement so far has sparked criticism.  With 37 investigations still ongoing, pressure is mounting on the government to take more decisive steps. Critics argue that if no penalties are issued, the sanctions risk becoming ineffective, allowing UK businesses to continue indirectly supporting Russia’s oil revenues, and by extension, its war efforts in Ukraine.  EU Implements new Sanctions against Russia   The UK's challenges in enforcing oil price caps on Russian exports come at a time when the EU is also intensifying its efforts to counter Russia’s destabilising activities. On 8th October 2024, the Council of the EU enacted new sanctions under Regulation (EU) 2024/2642, which target individuals and entities involved in actions that undermine democratic processes and security. This coordinated international response demonstrates a unified stance against Russia’s influence, reinforcing the importance of sanctions in curbing both its economic capabilities and its hybrid activities abroad.   Source BBC   Are you exporting or thinking of exporting to Russia but unsure about whether your goods require a licence or compliance? Are you in need of expert guidance through the minefield of export licences?   The Chamber offers a comprehensive array of export control and licence services, both in Manchester and beyond, available for face-to-face or virtual consultations:  In-house and Bespoke Export Control Compliance Training:  We provide tailored training, whether in-house or virtually, covering topics ranging from general compliance to specific business processes and procedures.  Export Control Audit:  Our team conducts internal business audits to assess your Business Management System's compliance with export control regulations. This can be part of your annual BMS audit schedule or in preparation for an Export Control Joint Unit (ECJU) visit/audit.  Export Control Managed Service:  Acting as your trusted partner, we serve as the central point for all licensing activities, ensuring alignment with your internal business processes and export control regulations.  Product Codification:  We audit and codify your products against the UK Export Control List, ensuring accurate definitions and understanding of licensing requirements. This typically includes an initial site visit for a comprehensive product assessment.  Licence Application:  We act on your behalf to ensure timely and accurate license applications, ensuring a seamless export process. These services can often be conducted remotely, especially if a prior product codification visit has been completed.  SPIRE Set up and Management:  We facilitate the setup of an HMRC SPIRE Account on your behalf and, if needed, provide ongoing account management to ensure efficient license management through the HMRC system. This can be accomplished remotely, depending on your IT requirements.  ECJU Visit Representation:  We offer representation services during an ECJU Audit, typically recommended when one or more of the above services have been availed.  For more detailed information on any of the services listed above or to discuss your specific requirements, please don't hesitate to contact our expert team at international@gmchamber.co.uk . We're here to assist you in navigating the complexities of export control and licensing with confidence.

  • Understanding Customs: Direct vs Indirect Representation

    For most UK businesses, customs declarations are handled by a freight forwarder or customs agent, often on either a direct or indirect basis. Many exporters/importers may not fully understand how this setup works, or the implications involved, but it’s essential for all parties to be clear on their responsibilities and liabilities. This understanding ensures that proper checks and audit processes are in place. What is a customs declaration? An export or import declaration is required when goods leave or enter the UK, regardless of the destination or origin. This official document outlines essential details on the goods, the reason for export/import so customs can assess duties, taxes or legal requirements. Completing a customs declaration requires access to the Customs Declaration Service (CDS) via specific software and specialised knowledge and expertise - which is why most businesses choose to work with a customs agent. What does direct/indirect representation mean? The representation level refers to the roles the customs agent (or freight forwarder) assumes when handling customs declarations on behalf of a business: Direct Representation : This is the most common representation level used. The agent acts in the name of and of behalf of the business, usually based on clear instructions. The trader is solely liable for errors and customs debt. However, in the situation were the agent makes a “deliberate or unreasonable error”, the agent becomes jointly liable for errors and debt. Indirect Representation : The agent will act in their own name on behalf of the business, sharing joint liability with the business for the accuracy and compliance of the declarations. Both parties could be held accountable for any errors or issues. What can you do to manage your liability? Your agent is most likely operating under direct representation, so providing clear instructions is crucial. While some agents offer a checklist, it’s wise to create your own, covering details like any special procedures (e.g., is it a repair?), the origin of the goods (e.g., are you claiming preferential rates?), and required licenses (e.g., dual-use items). The clearer your instructions, the lower the risk of errors from your agent. However, if a mistake does occur and you’ve provided thorough instructions, your agent will be responsible for making amendments or compensations. You should also check declarations to make sure you are satisfied with what has been declared and your compliance levels. How can the Chamber help? The Chamber can act as your customs agent (direct representation) – we pride ourselves on compliance so speak to our team at chambercustoms@gmchamber.co.uk  to find out more.   For more information about our services, click here If this is new to you, consider joining our export/import training courses  or completing a Foundation Award in International Trade . Contact international@gmchamber.co.uk  or call 0161 393 4314 to discuss further.

  • What You Need to Know About Duty Deferment Accounts

    What is a duty deferment account? Duty deferment is the main payment method for customs, import VAT and excise duty. Having a duty deferment account lets you defer payments for customs duty, import VAT and excise duty and make monthly payments to HMRC through Direct Debit, instead of paying for individual consignments immediately at import, or when released from an excise warehouse. In order to benefit from a DDA, you are required to satisfy certain authorisation criteria upon application and during the length of time that the account is held. See  GOV.UK   for more information. How does it work? It works like a credit account where you pay HMRC via monthly Direct Debit. The payment for customs duty and import VAT is usually taken on the 15th day of the month. This date also applies to excise registered consignees. Excise payments are normally taken on the 29th of the following month. More information on payment dates can be seen on GOV.UK . Once you’re approved for a DDA and your account is set up, you will be issued with a seven-digit Deferment Approval Number (DAN) which will need to be quoted on customs and excise declarations. Each DDA has a deferment limit which caps the amount you can defer each month. You may need to get a guarantee to hold a DDA. See more information on whether you need a guarantee below. When should I apply for a duty deferment account? If you import non-controlled goods into Great Britain from the EU and use delayed declarations, you’ll need to have access to a duty deferment account when you submit your first supplementary declarations (which should be within 175 days after goods are imported to GB). When we have all the information to process your DDA application, we will aim to complete this within 30 working days. However, if you need to apply for a financial guarantee, this may take longer. You must apply for your DDA and Simplified Customs Declarations Processes authorisation in good time to meet the 175-day deadline for supplementary declarations. See GOV.UK  for more information on delayed declarations. If you use a full customs declaration to declare your goods to free circulation you can choose to pay any import duties due using a DDA or you will need access to another payment method. Non-controlled goods are goods not included on the  controlled goods list . You cannot use delayed declarations if you are importing goods on this list. What do I need to know before I apply for a duty deferment account? You may need to provide a guarantee for duty deferment covering two months’ liabilities if you’re not eligible for a waiver. You will also need to be able to arrange a Direct Debit instruction from a UK bank. Can I apply for a DDA without getting a guarantee? When applying for a DDA in Great Britain, you may be able to get one without using a guarantee if you are eligible for a  guarantee waiver : You may defer customs duty, import VAT and excise duty up to £10,000 per month without providing a guarantee if your business is solvent and you do not have a history of serious non-compliance. If you wish to defer above £10,000 per month, you’ll only qualify for a full guarantee waiver if you meet the above criteria and have sufficient resources to pay the full amount you have asked to defer. You may still be eligible for a partial waiver if you do not meet the requirements for a full waiver. If you do not qualify for a guarantee waiver, you can still be approved to use duty deferment if you provide a guarantee. See  GOV.UK  for more information on guarantees. If you have Authorised Economic Operators (AEO) status, Excise Payment Security System (EPSS) approval or Simplified Import VAT Accounting (SIVA) status, you can use duty deferment in Great Britain without providing a guarantee.  If you hold a DDA prior to January 2021 without AEO status, EPSS approval or SIVA status, you can apply to HMRC  to have a guarantee waiver applied to your existing DDA. UK VAT registered businesses can account for import VAT using Postponed VAT Accounting (PVA) for goods they import into Great Britain from outside the UK, and into Northern Ireland from outside the UK and EU. This means they will account for and recover import VAT on the same VAT return. If a trader uses PVA then there is no need to include the relevant import VAT amounts in their duty deferment account or any associated guarantee. More information on PVA can be found on  GOV.UK . How do I apply for a duty deferment account? You can apply for a DDA and an optional guarantee waiver in Great Britain using an online application form. If you’re applying for a guarantee waiver over £10,000, you’ll need to complete additional information (on form PFS1) about your financial standing and provide supporting documents. Guidance on how to apply for a DDA in Great Britain can be found on GOV‌‌.UK. Can an intermediary help me? If you’re using an intermediary to move your goods, they may already be approved or authorised by HMRC for various facilitations, including DDA which they can use on your behalf. Some intermediaries may still require you to have your own DDA, so you should check this with them and provide written authority to HMRC before they use your DDA. See  GOV.UK   for more information. If you move goods between GB and NI, you may be able to use the TSS’s DDA. Need further support? Chamber Customs - If you need any assistance with completing declarations or require advice on how to submit these declarations, our team is at hand to help. Simply email them at chambercustoms@gmchamber.co.uk or complete our short online survey and a member of our team will be in touch. Need help understanding new VAT rules ? We work closely with Strategic Partners who can offer you up to 30 min complimentary virtual advice session. Email us at exportbritain@gmchamber.co.uk to book one. Source: HMRC

  • Shifting Tides: How Trump's Presidency and EU Regulations will Reshape Global and UK Trade

    The results of the U.S. presidential election, combined with the introduction of several European Union (EU) trade regulations, are poised to significantly alter the global trade landscape in 2024 and beyond. These changes will bring opportunities and challenges for businesses worldwide, particularly those in the UK. U.S. Election: A Trade Policy Shift? The outcome of the U.S. election will influence trade priorities for the world’s largest economy. As Trump takes office, it is highly likely its Republican administration will adopt a more protectionist stance, potentially reintroducing tariffs and renegotiating agreements. Experts think Trump Administration may either considering a universal US tariff – meaning imposing import duties between 10 or 20% on all imports – which in will be less detrimental as if they decide to go imposing different tariffs for imports coming from different countries. However, any tariff impositions could lead to other countries or blocs as the EU responding with similar measures. Either scenario will require UK businesses to carefully monitor U.S. policy shifts and recalibrate strategies for exports, particularly in key sectors like aerospace, automotive, and pharmaceuticals. The other issue for British companies to consider is the US-China Relations and if you are currently manufacturing goods in China which are then shipped to the US, then you need to consider how tariffs on Chinese origin goods may impact your business’ revenue and profitability. Is there a UK-US Trade Agreement in the horizon? Trade agreements on normal circumstances take years to come to fruition and these sometimes come faster when two countries or more wish for improving market access conditions. However, if the Trump administration leans towards protectionist measures and imposing trade restrictions, it will be fair to say the chances for an FTA will fade in the immediate future. However, we can expect more MOUs being signed between the UK with different states and whilst these are not really trade agreements, it may help efforts on trying to negotiate one in the longer term. And what about New EU Trade Regulations? UK Traders must keep track of several EU measures which are impacting exports from the UK into the bloc and ensure they are preparing now to be ready. Some of the below have already started but may see their ‘scope’ to widen up in the coming years too, and some other changes are expected to take place in 2025. Carbon Border Adjustment Mechanism (CBAM): Designed to prevent carbon leakage, CBAM imposes a levy on imports based on their embedded carbon emissions. Energy-intensive UK exporters in sectors such as steel, cement, and aluminium must now account for higher compliance costs and align production with EU climate standards. The UK has also announced they will be introducing a UK CBAM in 2027 – which we expect will be very much in line with the EU one, but this without a doubt will place more red tap burden on businesses, and specially SMEs. Import Control System 2 (ICS2): ICS2 enhances customs security by requiring detailed data submissions for goods entering the EU. For UK businesses, this means investing in updated logistical processes to avoid delays and ensure smooth trade flows. VAT E-commerce Reform s: The EU’s VAT reforms introduce stricter reporting requirements for cross-border online sellers. This will particularly affect SMEs, necessitating greater administrative effort and potentially raising costs for UK businesses targeting EU consumers. EU’s Deforestation (EUDR): This new regulation aims at combating deforestation linked to supply chains. Whilst EUDR was due to come into force in 2024, global partners called for an extension, and the EU has agreed to postpone allowing 3rd countries and member states, operators and traders to prepare in their due diligence obligations. Large businesses will have till the end of 2025, whilst Micro and SMES will have till Jun 2026. Additional EU Regulatory Measures: New packaging waste directives and digital trade standards are also in the pipeline, pushing businesses to embrace sustainability and modernize operations. UK upcoming changes Safety and Security declarations for goods imported from the EU: Whilst this has been delayed, from the 31st Jan, UK traders will be required to submit safety and security declarations on goods being imported from the EU into the UK. Windsor Framework implementation: Despite some delays, 2025 will continue to see the implementation of new schemes and regulations. Implications for the UK Traders A recent survey by the British Chambers of Commerce, which took place earlier in July and August with over 1300 respondents revealed that UK traders continue to face hurdles when exporting, with over 45% of the companies reporting ‘customs procedures and documentation’ being a top barrier, and 40% indicating that geo-political events impacted their business over the last year. The survey also shows awareness on incoming changes, as the ones mentioned above – specially on new EU regulations, is low amongst firms who are actively trading globally. For instance, 52% of firms reported no knowledge of security and safety declarations needed for imports from the EU, which was originally due to be in force at the end of this year. So whilst the changes mentioned above present some challenges, it will also bring opportunities for UK traders. Compliance costs could rise, particularly in carbon-intensive industries. However, aligning with EU standards offers access to the bloc’s lucrative markets. Additionally, businesses may find opportunities in green technologies, sustainable supply chains, and emerging U.S.-EU trade synergies. To navigate these shifts, UK businesses must adopt a proactive approach, leveraging trade advisors, investing in compliance technology, and diversifying markets. By staying ahead of regulatory changes and adapting to geopolitical trends, the UK can maintain resilience and competitiveness in a rapidly evolving global trade environment. How to prepare for upcoming changes and understand shifts in global trade? Make sure to tap into the right business advice and start preparations now. Don’t leave it to the last minute to implement robust processes and systems to enable you to remain compliant. The Chamber can help you via our Compliance services Up-skill your staff! T he new EU regulations required your staff to have a good understanding of what will be required in terms for information, monitoring and reporting – specially for CBAM. Your EU customers will expect you to be able to support them with their reporting requirements. The Chamber offers a wide range of courses that can help you with that and we also offer bespoke solutions. Attend our upcoming Trade Forum which will be covering upcoming EU and UK regulatory changes. Book on the link below!

  • Windsor Framework Updates - Steel Quotas changes and Intrastat declarations reminder  

    On the 24th of October, HMRC released new guidance on the movement of steel, particularly affecting traders moving steel from Great Britain to Northern Ireland. This guidance clarifies that steel imports falling within certain categories can continue without additional safeguard charges, provided the relevant quotas are open.  Under the Windsor Framework, new quotas for UK-origin steel moving from GB to NI have been in effect since the 1st of January 2024, covering categories 7, 8, 9, 13, 17, 25A, and 28. This arrangement allows traders to make quota claims, which - when successfully submitted via Full or Simplified Frontier Declarations - permit duty-free imports up to a specified limit. Beyond this limit, however, a safeguard duty of 25% applies. Missing the submission deadline for these declarations may result in additional duty charges.  If traders’ quota claims aren’t successful, they can recover duties using the Duty Reimbursement Scheme or Customs Duty Waiver Scheme, which allows them to recoup any excess charges.  Quota Adjustments for Category 1 Steel   Further changes have been made to Category 1 steel (non-alloy and other alloy hot-rolled sheet and strip), with the Secretary of State for Business and Trade approving modifications to the quota structure. The existing Category 1 quota has been divided into two parts:  Category 1A : Reserved for commercial applications and retains its current quota levels.  Category 1B : A new, globally capped quota at 40% per exporting country, designated specifically for steel used in downstream processing.  This quota structure for Category 1 steel, effective as of the 1st of October 2024, will remain in place until the safeguard measure expires on the 30th of June 2026.  For more details on submitting quota claims and understanding customs processes, traders can refer to “The Steel Notice” on the GOV.UK website.  Notification of Intrastat Declarations due date   HMRC has reminded traders that Intrastat declarations for October 2024 are due on 21st November and encourage traders to submit data before its deadline to avoid potential financial penalties for late, missing, incomplete or inaccurate submissions.  (Intrastat reporting are due by the 21st of the month after the reference period)  For more information, please check Notice 60: Intrastat general guide   Need help?   Understanding steel quotas, customs documentation, and duty requirements can challenging. Let us help you avoid costly mistakes or compliance penalties with expert advice tailored to your business.  Our experienced team, supported by a trusted network of associates, approved suppliers, and strategic partners, works with traders of all sizes and sectors to ensure they stay compliant with customs regulations. We offer services both virtually and at your premises, including:  Customs Compliance Audit:  A thorough review to help you prepare for HMRC Customs Audits and identify any areas of concern.   Tariff Classification Review:  Guidance on commodity codes to make sure your goods are classified correctly, avoiding errors and delays in customs processing.  If you need support with any aspect of customs or trade, we’re here to help. Please don’t hesitate to get in touch with our expert team at international@gmchamber.co.uk .   Source: The Steel Notice  on GOV.UK , TSS,  HMRC

  • What to consider when importing alcohol for corporate gifting this Christmas

    As the festive season approaches, many businesses are looking for ways to show appreciation to their clients, partners, and employees. Corporate gifting, especially with high-quality wines, goes beyond just giving a present, it’s about building relationships. A carefully selected gift, like artisan wine, reflects thoughtfulness and quality, and offer a memorable experience, linking your brand to quality and leaving a lasting impression. Choosing premium, limited-edition gifts over mass-produced options also strengthens your brand image, demonstrating that your company prioritises excellence.    However, when importing alcohol for corporate gifting, there’s more to consider than simply picking the perfect bottle.    While purchasing alcohol domestically is usually straightforward - assuming the goods are in free circulation and all taxes, including excise duties, are paid - it’s not uncommon for businesses to seek premium wines directly from distributors in renowned wine-producing countries like Italy, Spain, or France. In their search for exclusive bottles, companies may bypass local suppliers.  However, this approach can bring challenges, such as dealing with import regulations and unexpected costs.     It’s important for companies to carefully review all details, and one often overlooked factor is excise duties. While selecting the right gifts is essential, managing the logistics of alcohol imports - and fully understanding the associated costs, like excise duties - is just as important to ensure everything runs smoothly.    What are excise duties?     If you want to import alcohol, it becomes liable for UK Excise Duty when it arrives in the UK. When goods are imported from outside the UK, excise duty is charged in addition to import duty and VAT. These duties typically apply to “luxury” or “non-essential” products such as alcohol, tobacco, and fuel. The system is divided into several categories, each with its own regulations and rates.  For alcohol, excise duties cover products like beer, wine, spirits, and other alcoholic beverages. The rates vary depending on the type of alcohol and its strength. For example, beer duty is calculated based on the volume and alcohol content (ABV), with smaller breweries benefiting from reduced rates to support local production. Similarly, wine and cider duties are tiered, with sparkling wines and higher-strength ciders attracting higher rates. Spirits, due to their higher alcohol content, face the highest duties. In addition to alcohol, excise duties also apply to tobacco products, including cigarettes, cigars, loose tobacco, and to energy products like hydrocarbon oils and biofuels.  Currently, excise duty on wines with an alcohol content between 11.5% and 14.5% ABV is calculated at a flat rate of £2.67 per bottle, thanks to a simplification introduced last year. However, from the 1st of February 2025, this flat rate will be replaced by a more complex system, where duty will vary based on the strength of the wine. For example, the duty on a bottle of wine with a 14.5% ABV will rise from £2.67 to £3.09.   Managing costs, budgeting, and compliance when importing alcohol   Excise duties significantly impact the final price of products and, ultimately, your business budget. It’s important to fully understand the regulations and extra costs involved when making the decision to import alcohol, especially when it’s not your primary industry, such as when sourcing premium wines for corporate gifts.  Let us help you avoid costly mistakes and compliance penalties with expert advice tailored to your business. Our experienced customs team works with traders of all sizes and sectors to ensure they stay compliant with customs regulations. We help importers navigate the tax implications and legal requirements when bringing alcohol into the UK.  We offer both virtual and on-site services to help you manage the complexities of alcohol imports and ensure compliance, including:  Customs clearance services  we are an HMRC compliant customs broker with direct links to all UK ports and terminals. GM Chamber is dedicated to ensuring smooth and efficient customs processes for businesses of all sizes, helping you stay compliant and avoid unnecessary delays or costs.   Customs compliance audit : a comprehensive review of your import processes to ensure you’re meeting all the regulations and preparing for any potential HMRC customs audits. We’ll help you identify areas of concern and avoid costly mistakes.  Tariff classification and duty/excise review : Expert guidance on the correct classification of alcoholic beverages, ensuring your products are assigned the appropriate commodity codes.   If you need support with any aspect of customs or trade, we’re here to help. Please don’t hesitate to get in touch with our expert team at international@gmchamber.co.uk

  • Understanding the Latest Changes to End User Certificate Regulations

    The landscape of international trade, particularly in the export of sensitive or dual-use goods and technologies, has always been closely regulated. One of the documents in these transactions is the End User Certificate (EUC), a formal statement that assures authorities that the goods or technology being exported will be used by the stated recipient and not diverted to unintended or prohibited uses. Recent regulatory changes have introduced a more rigorous and standardised approach to the handling of End User Certificates. These updates aim to close loopholes, improve transparency, and enhance the enforcement of export control laws. Some key elements of the new regulations include: Enhanced Due Diligence Requirements: Exporters must now take a more proactive role in verifying the authenticity of the End User and ensuring that the goods will not be diverted for illicit purposes. This includes additional steps to confirm the legitimacy of the buyer, their business activities, and their track record with previous transactions. Digitalization of EUC Processing: Many countries are moving toward digital EUCs to streamline the submission process, reduce paperwork, and improve efficiency. These electronic versions are easier to track and verify, making it harder for fraudulent certificates to slip through the cracks. Stronger Penalties for Non-Compliance: Exporters who fail to comply with the new regulations can face significantly harsher penalties, ranging from financial fines to restrictions on their ability to export certain goods. This creates a stronger incentive for companies to carefully vet their clients and ensure they are adhering to all legal requirements. Increased Scrutiny on End-User Verification: The new regulations mandate stricter controls on the verification process of the final end-user. This may include background checks and, in some cases, requiring exporters to obtain a certificate or affidavit from the recipient regarding the end-use of the goods. Broadened Scope of Controlled Items: The list of items that require an EUC has expanded, now covering more types of high-tech products, components, and even software. As the technology landscape evolves, countries are ensuring that newer innovations—such as AI chips and advanced software—are controlled under export regulations. Do you need help? You can contact our Trade Team on 0161 393 4314 or international@gmchamber.co.uk . We are also hosting an online Export Controls and Sanctions training on Wednesday 29th January. We are currently offering 10% discount on this course and a further 5% discount if mention ‘Black Friday’ when booking until the end of November. Book on the link below.

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