Bibby Financial Services is offering West Midlands companies help navigating the new world business order created by an aggressively protectionist America.
British businesses are being urged to stay calm and plan ahead following Donald Trump’s imposition of a 10% tariff on all imports from the UK to the US.
European markets reacted badly in the first instance, although by Tuesday had begun to settle, with investors shifting towards risk-off assets and safe havens, amid growing fears of a wider impact on global trade and economic stability.
Despite the UK’s longstanding status as one of America’s closest allies, British exports will not be exempt from the new tariff regime.
UK British Minister Reynolds acknowledged the close relationship between the two nations but stressed the importance of “remaining calm and committed to doing this deal, which we hope will mitigate the impact.”
For businesses across the West Midlands, especially those involved in international trade, the uncertainty could affect everything from pricing and profit margins to supply chains and future growth plans.
managing currency risk in volatile times
That’s why Bibby is stepping in to offer practical support.
“If you have a requirement to buy or sell any currency in due course for your business, I’m more than happy to provide you with my opinion or a quotation — with no obligation or cost,” said Jaspaul Bains, Forex business development manager at Bibby Financial Services.
With years of experience helping businesses navigate political and economic turbulence, Bibby is well-placed to advise West Midlands firms on managing currency risk and planning strategically in volatile times.
As the trade landscape continues to shift, having a steady hand and trusted insight could make all the difference.
Disclaimer: WM News has no commercial or other agreement with Bibby. We just see their stuff and they seem credible.
