New Adjustment in US-UK Trade Agreement: The US Raises Tariffs on British Goods

American raises tariffs on British goods! According to the trade agreement reached between the United States and the United Kingdom, the UK has reduced the import tariff for American goods from 5.1% to 1.8%, while the US has raised the tariff on British goods from 3.4% to 10%.

In addition, the UK has also lifted restrictions on the free entry of $5 billion worth of American goods into its market.

It is estimated that the US benefits over $6 billion from this agreement.

Original article: https://www.toutiao.com/article/1831598239156236/

Disclaimer: The article represents the views of the author only.