On October 4, 2019, the US International Trade Commission (USITC) announced the release of a report that catalogs the trade-related barriers perceived to be affecting exports of US small and medium-sized enterprises (SMEs) to the United Kingdom (UK).
The report, U.S. SME Exports: Trade-related Barriers Affecting Exports of U.S. Small and Medium-sized Enterprises to the United Kingdom, was requested by the US Trade Representative (USTR).
As requested, the USITC, an independent, nonpartisan, factfinding federal agency, catalogued trade-related barriers that US SMEs perceive as disproportionately affecting their exports to the UK, as compared to larger US exporters to the UK. The report focuses on barriers identified by SMEs that hinder their ability to export to the UK. The USITC collected primary qualitative information and data to analyze both tariff and nontariff measures that may affect US SME exports to the UK.
The report includes suggestions from SMEs and relevant literature for actions that would help address some of the identified barriers and enhance the participation of US SMEs in US-UK trade.
