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UK plans to cut tariffs on U.S. agricultural imports

Christian Fernsby ▼ | May 14, 2020
The United Kingdom is planning to cut tariffs on U.S. agricultural imports to advance progress on a free trade agreement, the Financial Times reported on Thursday.
UK fishing vessel
Talks   UK fishing vessel
The Department for International Trade was considering a "big concession package" to negotiators from the United States over the coming months to cut the cost of certain agricultural imports, the FT reported, citing government officials.

Topics: U.S. UK

The package has been led by UK trade minister Liz Truss, but is facing internal opposition from Environment Secretary George Eustice who has raised concerns that such a step could undercut UK farmers, the report added.