China News Service, April 14th. According to foreign media reports such as the Financial Times, on April 13th local time, the British government announced that in order to reduce the burden on enterprises and promote economic growth, it has suspended tariffs on 89 products.
File photo: Starmer.
File photo: Starmer.
According to reports, the British government said that by July 2027, the UK will suspend tariffs on 89 products, including pasta, juice, plastic products, etc.
The British government estimates that the move will save British businesses at least £17 million a year.
According to reports, the UK government has also announced that it will expand its export financing support by £20 billion, and small businesses will also be able to obtain loans up to £2 million.
The Daily Telegraph pointed out that the move is part of a broader measure taken to protect British companies from U.S. tariff policies.
British Prime Minister Stamer said the UK will "stay calm and strive to reach the best deal with the United States" while also working with other countries to reduce trade barriers.
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