US’ warnings of levying 25 per cent tariffs on UK exports has disappointed the UK Fashion & Textile Association (UKFT). As per reports, US’ has announced its intention to levy these tariffs in retaliation for a UK tax on technology firms. The duties are designed to raise $325 million, the amount the United States believes the UK tax will raise from US technology companies

The tariffs are now subject to a consultation in the US over the next few weeks.

The UK exports include women’s and girl’s dresses, men’s and women’s coats, men’s shirts, ties, shoes and jewellery, according to a list published by the US administration.

With the industry still struggling with the impact of COVID-19 and understanding the new trade arrangements with the EU, an additional burden on UK exports couldn’t come at a worse time, said Adam Mansell, CEO, UKFT