January 27, 2022

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Britain will push for a tariff deal on steel and aluminum

Britain will push for a tariff deal on steel and aluminum

This was stated by a senior British official who did not want to be named.

Washington. British Trade Secretary Anne-Marie Trevelyn, who is due to visit Washington on Wednesday, will urge US Secretary of Commerce Gina Raymond to begin formal talks on reducing US tariffs on steel and aluminum for the UK by the end of this year.

This was stated by a senior British official who did not want to be named.

During a meeting with U.S. Sales Representative Catherine Toy on Tuesday, Travelian said pressure was mounting in Britain to raise retaliatory taxes on whiskey and other U.S. products. .

Travelian is set to repeat the news at Wednesday’s meeting with Raymond.

Britain, which withdrew from the European Union (EU) last year, wants to join the US-EU agreement in October, which will allow tax-free entry to “limited quantities” of metals produced in the union, based on 25% and 10% taxes on aluminum by early steel.

British companies will face more pressure from January 1, when taxes on EU goods will be reduced due to an agreement between the United States and the European Union. Following the agreement with Washington, the European Union lifted its retaliatory obligations against the United States.

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