60% trade will come into UK tariff free with new UKGT regime

UK announced a new post-Brexit MFN tariff regime today, called the UK Global Tariff (UKGT). This will replace the EU’s Common External Tariff starting on January 1, 2021, at the end of the Brexit Transition Period. Under the new regime, tariffs on a wide range of products will be eliminated. 60% of trade will come […]
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