UK agrees interim trade deal with Canada amid Brexit uncertainty - News Summed Up

UK agrees interim trade deal with Canada amid Brexit uncertainty


US-UK TRADE DEAL FACES POTENTIAL HURDLES FROM BIDEN, CONGRESS OVER BREXIT FIGHTThe government said it gives certainty for British businesses and locks in about $27 billion in trade between the countries. The deal includes zero tariffs on car exports, and tariff-free trade on goods including beef, fish and seafood. If no deal is agreed to, then the countries will move into World Trade Organization terms. The U.K. has been working with the U.S. to thrash out a vital trade deal, but that deal may prove less certain than it appeared under a Trump administration. “Any trade deal between the U.S. and U.K. must be contingent upon respect for the Agreement and preventing the return of a hard border.


Source: Fox News November 21, 2020 20:37 UTC



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