International Tariff Turmoil: How global trade policy is rewriting UK SME finance strategy

International trade tariffs are reshaping the way UK small and medium-sized enterprises (SMEs) operate. From supply chain costs to customer pricing, tariffs influence competitiveness in both domestic and global markets.

To better understand this evolving landscape, CPiO has commissioned a new research report: “International Tariff Turmoil: How global trade policy is rewriting UK SME finance strategy”, providing fresh insights for business leaders navigating today’s trade environment.

The survey involved collating the views and opinions from 250 UK Finance Decision-Makers who work within the Manufacturing and Distribution/ Logistics sectors (minimum annual turnover of £1m or more). It also explores the key challenges faced by businesses and how they plan to adapt to the global uncertainty. 

Key Findings from the report

Our research highlights several critical ways tariffs affect SMEs:

1. Rising costs – Increased import and export charges directly impact margins.

2. Supply chain disruptions – Tariffs can make sourcing materials more complex and costly.

3. Market access limitations – Smaller businesses face higher barriers when expanding internationally.

4. Uncertainty in growth planning – Tariff fluctuations make long-term forecasting more difficult.

Why this research matters now

With global trade shifts, Brexit-related complexities, and ongoing geopolitical tensions, tariffs are expected to remain a defining factor for UK SMEs in the near future. By understanding these challenges, SME leaders can make better-informed decisions about procurement, pricing, and international growth strategies.

Download the full report

This blog shares only a snapshot of the findings. To access the full insights, including sector-specific analysis and practical strategies, download the full PDF report (free with registration).

UK SME's can take action 

Up-to-date ERP systems are vital to help you take the next step towards stronger forecasting and smarter digital infrastructure. A robust solution can help you to deliver a better understanding of:

• Business operations
• Provide high-quality financial modelling
• Facilitate the cross-business collaboration and responsiveness.

Commenting on the results, Andrew Watkinson, Managing Director at CPiO, said, “This research shows that the changing trade tariffs are more than a policy issue - they’re directly stalling sales pipelines, straining supply chains and paralysing decision-making for UK SMEs. These results will not come as good news to the Chancellor, with UK economic growth slowing between April and June to 0.3%, down from 0.7% in the first three months of the year. Will the next quarter see a similar downturn? Let’s hope not.” 

Contact CPiO today to learn how we can support your industry and keep you moving forward despite tariff challenges.