Money and business

The start of applying reduced definitions to British imports to the United States


I entered The American definitions reduce British imports from the auto and aviation sectors on Monday, according to what the government announced in London, while continuing to negotiate with Washington on exemptions for the steel sector. "Car producers and spacecraft benefit from major discounts in customs tariffs with the entry into force of the American -British trade agreement into effect"." target ="_Blank"> Customs duties on the cars received from Britain, from 27 to 10% with a roof of 100,000 cars annually." target ="_Blank"> Care Starmer starting the application of the agreement, and indicated that it was "It will preserve vital sectors in the British economy, lead to the provision of hundreds of millions of pounds annually, and protect thousands of jobs.". For steel and aluminum imports, currently defined by 25%.
The British Ministry of Trade said: "We continue to achieve progress in this field, without setting a timetable for the agreement"
Other British imports remain subject to a 10%minimum fee, which was imposed by US President Donald Trump on many countries of the world, whether it was partners of his country or opponents.

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