UK autos spared under U.S. tariff cut but steel still in question
From cnbc.com
The U.K.-U.S. trade deal comes into play on Monday, giving a preferential tariff rate to British cars imported to America, while questions linger over final levies on the U.K.’s metal exports. Back in May, the U.K. became the first country to negotiate a trade deal with the U.S. since White House leader Donald Trump unveiled his so-called reciprocal tariffs a month prior. The terms of the agreement are effective as of June 30. Under the deal, a blanket 10% tariff now applies to U.K. goods imported into the United States. It will also see the first 100,000 vehicles sold from the U.K. to the U.S. every year subjected ...
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