Duty

TDUK Trade Note: Government updates Temporary Duty Suspensions process
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TDUK has released a new Trade Note containing the latest information on the 2024 Duty Suspension Application Process affecting Plywood Products. Over recent months, TDUK has worked with the Department of Business and Trade to clarify confusion over revisions to this process, and DBT has now published an amended list...
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What impact will US tariffs have on the UK timber market?
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Amidst rising economic uncertainty, our latest TDUK trade note explores the impact that US tariffs - and any UK Government response - could have on the UK timber market. The importance of the industry staying aligned both in the UK, and globally, is essential. The UK is currently facing 10% tariffs, while...
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TDUK Trade Note: Update to CPTTP agreement – Updated October 2024
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On 29 August the UK Government announced that Peru has ratified the critical new CPTTP trade agreement. The CPTPP is a free trade area that, once the UK joins, will span five continents and almost 600 million people.  TDUK believes it is very welcome news that six of the 11...
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