US Tariffs are a Threat to Fair & Ethical Trade

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US Tariffs are a Threat to Fair & Ethical Trade

The recent imposition of sweeping tariffs by the US on UK exports is not just an economic manoeuvre – it’s a coercive tactic that undermines fair trade principles and pressures the UK into unfavourable agreements. These tariffs, rather than any sort of equitable trade, serve as leverage to advance the interests of major US corporations, particularly in the technology sector.​

There is a risk that a new trade deal, to bypass tariffs, could be incredibly problematic for those of us interested in fairness. Global Justice Now warn that the proposed US-UK trade deal could “wave through Big Tech’s wishlist,” jeopardising the UK’s digital sovereignty and public interest. Such a deal risks removing our ability to regulate technology firms effectively, protect consumer data, and ensure fair taxation. Global Justice Now’s new briefing highlights that the deal could “weaken the UK’s standards and protections, while handing over power to Big Tech companies.” ​

In addition, the briefing underscores that previous attempts at US-UK trade deals faltered due to public outcry over threats to food standards, farmers’ livelihoods, and public services like the NHS. This iteration, with its focus on digital trade, poses similar risks by potentially undermining public services and data protection.

The UK’s capitulation to these tariffs and the pursuit of a hasty trade deal could have long-term detrimental effects on ethical trade practices. By acquiescing to the demands of Big Tech, we risk compromising workers’ rights, consumer protections, and the ability to hold corporations accountable. It’s imperative that the UK Government resists these coercive tactics and prioritises the interests of its citizens over the profit motives of multinational corporations.​

Trade should be a tool for mutual benefit and ethical standards, not a weapon wielded to enforce corporate agendas. The current trajectory threatens to erode the very fabric of fair and ethical trade that organisations like Scottish Fair Trade strive to uphold.

Louise Davies, 07 April 2025