Connect with us

Hi, what are you looking for?

Right Decision NowRight Decision Now

Business

Salmon Scotland urges further talks to scrap 10% US tariff after UK-US trade deal

Scottish salmon was today named as the UK’s top food export in 2023, following the publication of annual HMRC figures.

Salmon Scotland, the trade body representing the UK’s largest food export, has called on the UK Government to pursue further negotiations with the United States after it was confirmed that a 10% tariff on Scottish salmon exports will remain in place under the newly announced UK-US trade deal.

Speaking after discussions with UK Food Security Minister Daniel Zeichner, Tavish Scott, chief executive of Salmon Scotland, said the agreement marked a positive step but warned it should be viewed as a “staging post, not the destination” in ongoing efforts to reduce barriers for the industry.

“Scottish salmon is enjoyed in 50 countries worldwide, and we welcome strong trading relationships with overseas markets,” Scott said. “However, the 10 per cent tariff on exports to the US remains a barrier, and we want to see it removed.”

The US is Scotland’s second-largest export market, accounting for £225 million in sales in 2024 — more than a quarter of the UK’s total salmon exports by both value and volume. Despite the popularity of Scottish salmon in America, where it is considered a premium product, exporters face a competitive disadvantage compared to suppliers from countries like Chile, which dominates the US market.

Scott made his comments following meetings with UK officials and salmon businesses at the Seafood Expo Global in Barcelona, the world’s largest seafood trade event.

Scott also welcomed this week’s announcement of a UK-India trade agreement, which includes the removal of a 33% tariff on salmon exports, a move he described as a “welcome step” and a clear example of the benefits of close government-industry collaboration.

“It shows what can be achieved when government works with our sector to open new opportunities,” he said.

With international markets growing in strategic importance for the sector, Salmon Scotland is urging ministers to continue trade talks with the US to level the playing field and unlock further economic growth and job creation in coastal communities.

The salmon farming industry supports thousands of jobs across Scotland and contributes significantly to the UK’s agri-food exports. But the 10% tariff on US-bound salmon, retained under the new trade deal, remains a cost burden for producers and a competitive disadvantage in one of the world’s most lucrative seafood markets.

“We want to build on our success in the US, not be held back by unnecessary barriers,” Scott added.

As the UK continues to reshape its global trading relationships post-Brexit, the salmon sector is urging policymakers to use trade diplomacy to remove friction and open doors for premium British exports.

Scott concluded: “Today’s US-UK deal should be seen as a staging post – not the destination – on the path to reducing trade barriers, securing jobs in Scotland, and driving economic growth.”

Read more:
Salmon Scotland urges further talks to scrap 10% US tariff after UK-US trade deal

    You May Also Like

    World News

    In the latest round of the conference hosted by the Stratbase ADRi Institute, “Enhancing Indo-Pacific Security: Philippines-South Korea Cooperation Strategies” on Sept. 20, experts...

    World News

    DHAKA — As more extreme rainfall hits South Asia leading to floods that do not recognize national borders, regional countries must work together more...

    World News

    WELLINGTON – Tens of thousands of New Zealanders rallied before parliament on Tuesday in one of the country’s largest ever protests to oppose a bill that opponents say...

    World News

    SEOUL – South Korea’s Constitutional Court will begin on Monday reviewing the impeachment of President Yoon Suk Yeol over his Dec. 3 martial law attempt, while investigators said...

    Disclaimer: rightdecisionnow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 rightdecisionnow.com | All Rights Reserved