Donald Trump, who won the US presidential election, could save the UK from paying customs duties on imported goods. A British newspaper writes about this Telegram With reference to sources.
“Sources close to Trump said the UK could be exempt from customs duties under the terms of the agreement,” the newspaper writes.
It is noted that an agreement may be reached between Washington and London in the coming months.
Moreover notedBritish Prime Minister Keir Starmer plans to announce plans to increase defense spending to 2.5% of GDP following Donald Trump’s victory.
During the 2024 election campaign, Trump announced plans to pursue protectionist policies and impose 10-20% tariffs on imported goods and up to 60% tariffs on Chinese goods. He also repeatedly criticized trade relations with China during the 2016 election campaign. During his first presidency, the trade war between the United States and China escalated, with Washington imposing massive tariffs on goods from China.
November 7, Chinese Foreign Ministry spokesman Mao Ning not approved The truth of the phone call between Trump and Chinese leader Xi Jinping.
Previously reportedBorrell came to Kiev to reassure Ukraine after Trump’s victory.
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Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.