WASHINGTON, Dec 2 — The United States is delaying a deal to remove Trump-era tariffs on UK steel and aluminum as Washington's concerns over post-Brexit trade rules affecting Northern Ireland rise, the Financial Times reported on Wednesday.
In a communication seen by the newspaper, a US Commerce Department official was quoted as saying that talks with the UK on easing metals tariffs could not move ahead.
The official cited US concerns at British threats to trigger Article 16, the report said.
Article 16 is an emergency brake that allows the UK or EU to seek to suspend parts of the Brexit agreement that introduced some checks on the movement of goods to Northern Ireland from mainland Britain if they lead to persistent difficulties.
The administration of former President Donald Trump introduced 25 per cent and 10 per cent tariffs on steel and aluminum imports, citing national security concerns, prompting retaliatory measures from the European Union on goods such as motorcycles, whiskey and tobacco.
Britain incorporated those into its new independent tariff system when it completed its exit from the EU at the end of 2020, but is now reviewing the list of products to help protect UK-specific interests. — Bernama
Source: Malay Mail
A word from our sponsor:
Need Help With Your Personal Finance / Money Issue or need a coach to help you structure or just want to learn the financial skill to self manage your financial matters and retirement. iLearnFromCloud.com
Need to solve a problem quickly, now you can solve it by learning the art of problem solving Art Of Problem Solving
Feeling hungry. Latest food news from Best Restaurant To Eat Malaysian Food and Travel Blog
Memory loss. Need to organize better. Solve problem fast with Free Mind Mapping Software Mind Mapping 101
Need A Customized System Development for your business or Going Paperless XPERT TECHNOLOGIES - Empowering The Paperless Economy
No comments:
Post a Comment