1699 / 5000
Translation results
On Thursday, the British administration issued a statement saying their decision to postpone tariff retaliation against the United States was fruitful. This is because the United States has chosen to exclude Britain from the list of U.S. tariff increases where it will be imposed on French and German products.
The UK administration is also of the view that the UK will exercise the freedom enjoyed as a result of the agreement reached with Brexit by dropping the trade policy used by the EU while establishing trade relations with the United States.
The UK has decided to postpone tariff repayment which has been a 16-year dispute over aircraft subsidies. U.S. Administration on Wednesday said it would raise tariffs on certain EU products, including aircraft and alcohol components from France and Germany, on the grounds that the EU had imposed unfair tariff rates.
British officials say the UK is not subject to tariffs because the UK has decided to suspend tariffs and has negotiated trade with the U.S. On that basis it can be said that the UK has made strategic decisions.
The United States and the EU have imposed tariffs on billions of dollars of goods. Analysts argue that Britain's decision to suspend U.S. goods tariffs starting January 1, as soon as Britain leaves the EU it also has its own risks such as the possibility of unrest between the UK and Europe.
The GBP still maintained its strength against the US dollar with a consolidation of 0.21% at the 1.3651 exchange rate as of 9.50 p.m.
