07-05-2025, 09:19
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#1747
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laeva recumbens anguis
Cable Forum Team
Join Date: Jun 2006
Age: 68
Services: Premiere Collection
Posts: 43,621
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Re: President Trump 2.0
From today’s Telegraph
https://archive.ph/xHuo3
Quote:
Britain’s tariff burden worse than EU
Britain faces a higher rate of US tariff than the European Union despite Donald Trump’s hatred of Brussels, new analysis shows.
The UK’s effective tariff rate – the average charged on British goods exported to the US – is 11.6pc, compared with 9.5pc for the EU, according to Capital Economics.
British imports also face a higher average rate than Mexico, Canada, India, Thailand and Vietnam.
The figures reflect the mix of products being exported to the US. Despite the UK facing just the minimum 10pc tariff introduced by Mr Trump, compared with 20pc for the EU, many British exports are subject to extra sector-specific levies.
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