Although not part of the new trade pact, the UK could have a competitive advantage thanks to lower tariffs on its products compared to the EU.
Raluca Ioana Draghici
Economy
www.shutterstock.com
Always see our news on Google
Experts suggest that the UK could benefit from the new EU-US trade deal, thanks to lower tariffs of 10% for its products, compared with 15% for EU products. This could boost British exports and induce European companies to relocate to the UK. However, the concrete benefits are uncertain and will take time to play out as trade conditions get tougher for both sides.
Sources
Latest News
12:38
"Emily in Paris" ends with the final Christmas season
12:31
Bucharest: The rehabilitation works of the tram tracks on Armand Călinescu street have been suspended due to the discovery of possible archaeological remains.
12:29
Romania has received 2.5 billion euros from SAFE for defense and infrastructure. Which highways are receiving European funds?
12:21
EPPO sends two people to court for an alleged fraud of 240,000 euros from Erasmus+ funds.
12:11
A new star on the world map / The autonomous region of Bougainville in Papua New Guinea has overwhelmingly voted for independence
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
