Re: President Trump 2.0
The sheet confirmed that the 10% tariff Trump levied on the UK last month will remain in effect.
The deal appears to center predominantly around cars, the US’ sixth-top export to the UK and the UK’s top export to the US, according to data from the Commerce Department.
“Under the deal, the first 100,000 vehicles imported into the US by UK car manufacturers each year are subject to the reciprocal rate of 10% and any additional vehicles each year are subject to 25% rates,” the fact sheet states. That’s a change from the 25% tariff in place for foreign cars shipped to the US.
Wow
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No point in being pessimistic. You know it won`t work.
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