In today’s globalised economy, even policies made across the Atlantic can send ripples through the UK’s industrial landscape. One example that’s becoming increasingly relevant to our sector is the potential impact of US tariffs—particularly on steel, aluminium, electronics, and lift components—on the British lift industry. 

At International Lift Equipment Ltd (ILE), we believe it’s important not only to respond to changes in the global trade environment, but to anticipate them. Tariff shifts don’t just affect exporters. They alter supply chains, cost structures, and market dynamics, regardless of whether your business sells directly to a particular country or not. 

Let’s explore how this is playing out—and why it matters to the UK lift industry. 

Global Tariffs, Local Impact

While the UK may have enjoyed relatively strong trade relations with another country, fluctuations in tariff policy—especially under shifting administrations—have created uncertainty. Although the UK is no longer directly tied to EU tariffs post-Brexit, its trade exposure remains high. Components for lift systems such as control panels, drives, and even structural materials like steel or aluminium often originate from international suppliers that are themselves affected by others tariffs. 

For example, if US tariffs make Chinese-manufactured electronics more expensive, those price increases can trickle down the global supply chain. A UK lift installer sourcing a component from a European supplier may discover that the part’s cost has increased—not because of anything local, but due to upstream pressures tied to US trade actions. 

This indirect exposure is particularly relevant for lift companies operating with complex, international supply networks. 

Currency Volatility and Pricing Pressure

Tariff announcements and trade disputes often rattle currency markets. Sterling’s value against the US dollar or euro can fluctuate in reaction to global events, further complicating procurement strategies for British businesses. 

For lift companies, especially independents and SMEs, this volatility makes it harder to maintain stable pricing for long-term contracts or public sector tenders. Components may suddenly cost more, lead times may lengthen, and supplier commitments can become less predictable. All of these variables challenge operational agility and margin stability. 

Potential for Protectionism to Spread

The broader concern is that protectionist policies can be contagious. If the US doubles down on tariffs to shield its domestic manufacturers, other nations may follow suit in a tit-for-tat escalation. This could create a fragmented global market, where the free flow of goods is restricted and every shipment is more expensive and harder to source. 

For the British lift industry, which relies on precision components and reliable supply timelines, this fragmentation could hinder innovation and slow the adoption of newer, smarter technologies. 

The Case for Localised Supply Chains

One upside to these challenges is the growing incentive for UK companies to reconsider local sourcing. By strengthening domestic supply chains and reducing reliance on volatile global ones, British lift firms could improve their resilience. 

At ILE, we’ve long championed the importance of supplying high-quality components locally. We work with UK-based manufacturers where possible and maintain robust relationships with European partners to ensure reliability. But this isn’t just about mitigating tariffs—it’s also about improving responsiveness, reducing carbon footprints, and supporting UK industry. 

Relationships become more important

Relationships between nations is one thing; relationships between companies and people is another. Here at ILE, we have a strong and enduring history of working with GAL/Vantage as an American supply partner and together we continue to keep close communications to mitigate the effects of any tariff applications as far as possible. It’s in everyone’s interest to limit any impact on customers, and we will make sure to do what we can to negotiate the best possible terms while keeping all our local stakeholders informed as the situation develops. 

Looking Ahead: What Should the UK Lift Sector Do?

In times of trade uncertainty, complacency isn’t an option. Lift companies must stay agile, diversify their suppliers, and work with partners who offer transparency and responsiveness. 

Industry associations also have a role to play. Greater collaboration between UK manufacturers, installers, and policymakers can help ensure the sector has a voice when trade deals are being negotiated. If the UK wants to maintain a modern, efficient, and globally competitive lift industry, it must push for trade conditions that support—not stifle—innovation and growth. 

Conclusion

Tariffs may feel like a distant concern to many British lift companies, but the interconnectedness of today’s supply chains means their effects are anything but remote. As the world becomes more unpredictable, resilience and foresight will separate the industry leaders from the rest. 

At ILE, we’re committed to staying ahead of the curve—and helping our partners do the same.