British trade minister pledges to fight 'unfair' US tariffs

British trade minister pledges to fight 'unfair' US tariffs

FILE PHOTO: Members of Britain's cabinet meet at Downing Street in London
FILE PHOTO: Britain's Secretary of State of International Trade and Minister for Women and Equalities Liz Truss is seen outside Downing Street, as the spread of the coronavirus disease (COVID-19) continues, in London, Britain March 17, 2020. REUTERS/Henry Nicholls

REUTERS: British Trade Secretary Liz Truss pledged to fight UStariffs on Scotch whisky, calling them "unacceptable and unfair" in an op-ed in the Telegraph on Sunday (Aug 16).

"I will fight to consign these unfair tariffs to the bin of history," she wrote, while accusing the European Union of failing to protect British and Scottish interests.

The U.S. government said last week it would maintain 15 per cent tariffs on Airbus aircraft and 25 per cent tariffs on other European goods as part of a long-running trade dispute, although it held off adding some extra tariffs as it had threatened.

Britain had said it would step up demands for the United States to drop tariffs on goods such as single malt Scotch whisky after the industry warned a decision by Washington to retain the levy was putting its future at risk.

"U.S. tariffs on Scotch whisky are unacceptable and unfair. I cannot be clearer about that," Truss wrote. "Whisky-making is one of our great industries and a jewel in our national crown."

Truss said she would meet with her US counterpart, Robert Lighthizer, in the coming weeks, as round four of US negotiations begin, where she will address the existing tariffs on single malt Scotch and a host of other products.

"On Japan, we have consensus on the major elements of a deal that will go beyond the agreement the EU has with Japan," she added, reaffirming earlier reports that both countries seek to agree on a trade deal by the end of August.

Britain, which left the European Union in January, is seeking to clinch a trade agreement with Japan based on the 2019 EU-Japan agreement by the end of the year, when Britain's no-change transition arrangement with the EU will expire.

"I firmly believe free and fair trade remains the best way forward for the world and for Britain", she said, adding that talks with the United States, Japan, Australia and New Zealand to strike new free trade agreements were progressing well.

Source: Reuters

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