Keywords: Tariff reduction


Tariff reduction on UK cars and aircraft parts to the US takes effect

A trade agreement between U.S. President Donald Trump and UK Prime Minister Keir Starmer, aimed at reducing certain tariffs on British imports, officially took effect on Monday, according to the British government. Under this new deal, UK car manufacturers can now export vehicles to the United States......

Us and China agree to reduce tariffs, signaling trade war pause

The United States and China have reached a historic agreement to significantly reduce tariffs on each other’s goods for a period of 90 days, marking a pivotal moment in their ongoing trade relations. This accord, announced by US Treasury Secretary Scott Bessent, emerged from negotiations held over......

India offers major tariff cut to fast-track trade deal with Trump

In a significant move to finalize a trade agreement with the United States, India has proposed cutting the average tariff gap between the two countries to under 4%, down from nearly 13%, according to sources familiar with the negotiations. This would be a reduction of approximately 9 percentage points......