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UK-US tariff deal begins but still no news on steel

Source: BBC

A deal to cut import tariffs between the US and UK has come into force, giving British car makers preferential access to the world's biggest consumer market. It will allow UK motor manufacturers to sell up to 100,000 vehicles to the US at a tariff of 10% - a big advantage over international competitors - while tariffs on UK aerospace exports have been cut to zeroIn return, the UK will scrap tariffs on US ethanol…

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Read the original source at BBC