Issued by the British on May 19, after take off the tariff policy, is scheduled to take effect on January 1, 2021, through to streamline the import tariffs on more efficient, and use in terms of the pound.
In fasteners (
products (7318) series, the original common external tariff of 3.7%, after the new system implementation to zero tariff.
Through such policy, the British government hopes to make imports more easily, and enterprise with benefits to the price of imports to support the British economy.International trade minister, Liz, ras (Liz Truss) said: “this is the first time in 50 years the British tariff system to establish a suitable for the UK economy, our new” global tariff will be through the cut red tape and reduce the cost of tens of thousands of kinds of daily necessities, the benefits of the consumers and families in the UK.