A crucial time to strengthen global relationships

Matt Smith, Head of International, shares about upcoming activities for the May edition of the SMMT International Update.

The United States is the second-largest export market for UK vehicle exporters, so the imposition of tariffs is of huge concern. Tariffs threaten not only the flow of finished vehicles but also the broader supply chain, impacting UK-based component suppliers doing business in the US market. While the final outcome on tariffs remains uncertain, it’s crucial that we continue to strengthen relationships with American partners, showcasing the world-class products and leading technologies that UK companies have to offer.

To support these efforts, SMMT will be taking a trade mission to Alabama and Tennessee this October. The USA programme will include a regional automotive conference, B2B meetings and visits to OEM production sites. Register your interest here.

While recent news has been focused on the US, Asian markets continue to grow and innovate and seek better trading ties with the UK, with yesterday’s announcement of the historic UK-India Free Trade Agreement securing the first partial liberalisation of the Indian automotive market.

Thailand is also of interest, as a major manufacturing hub with a plan to shift to electrification and a willingness to work with the UK, underscored by the signing of a UK – Thai Trade Pact last year. You can join an SMMT delegation to Bangkok from as little as £295 and see the market for yourself. If this sparks your interest, contact us for a conversation about Thailand and the opportunities there. 

Upcoming events:

2-4 July, Thailand: Trade show – MobilityTech Asia Bangkok exhibit on the UK pavilion

6-9 October, USA: Trade mission – Southeastern EV supply chain join the trade mission to Alabama and Tennessee

14-18 October, France: Trade show – Equip Auto Paris SMMT members receive an exclusive discount to exhibit

4-5 November, Czech Republic: Trade mission – CEE Automotive Supply Chain the programme includes a conference, B2B meetings and networking