Britain seeking far-reaching tariff cuts in post Brexit US trade deal

Britain seeking far-reaching tariff cuts in post Brexit US trade deal

Britain is seeking far-reaching reductions in tariffs in a trade deal with the United States, trade minister Liz Truss said on Thursday, setting out the broad aims of her post-Brexit push to secure new free trade agreements.

Britain's International Trade Secretary Liz Truss is seen outside Downing Street in London
FILE PHOTO: Britain's International Trade Secretary Liz Truss is seen outside Downing Street in London, Britain, January 28, 2020. REUTERS/Peter Nicholls

LONDON: Britain is seeking far-reaching reductions in tariffs in a trade deal with the United States, trade minister Liz Truss said on Thursday, setting out the broad aims of her post-Brexit push to secure new free trade agreements.

"The FTA (Free Trade Agreement) will secure comprehensive, far-reaching and mutually beneficial tariff reductions - taking into account sensitive UK products - which will increase access to the U.S. market for UK businesses, and lower prices and increase choice for UK consumers," Truss said in a written statement to parliament.

(Reporting by Kylie MacLellan, writing by William James, editing by Elizabeth Piper)

Source: Reuters

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