UK to implement new global trade tariffs from 2021
LONDON - Britain is seeking far-reaching reductions in tariffs from a trade deal with the United States, trade minister Liz Truss said on Thursday, setting out the broad aims of her post-Brexit push to secure new free trade agreements.
“We will drive a hard bargain and, as with all negotiations, we will be prepared to walk away if that is in the national interest,” Truss said in a statement to parliament. Earlier on Thursday Britain also said it planned to develop a new tariff schedule which will enter into force at the start of 2021 and will apply to goods from countries around the world where no other trade arrangements are in place.
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