FINALISING OF BREXIT AGREEMENT ALLOWS FOCUS TO TURN ON HOW USA EXPORTERS MAY TAP UK AND EU THROUGH NEW TRADE DEALS
January 3rd, 2021
THE STRIKING of a trade agreement between the European Union (EU) and a UK to pave Britain’s final and full exit from the EU from January 1 has offered US auto exporters opportunities to boost sales to the UK, but with some significant challenges, say experts.
By avoiding a no deal Brexit, with all the steep tariffs that would have incurred on vehicles and parts, major US-owned auto multinationals will have avoided major disruption in their UK-EU trades. And the agreement opens the way for potential USA bilateral trade deals with the UK and EU, which could be ...
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