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Analysis ⬇️

How UK 2021 applied tariffs (Global Tariff™️)—many slightly lower than now—affect middle/low income countries

—Value of preferential tariffs eroded slightly
—If no preferences, lower tariffs are beneficial
—Cameroon, Cote D’Ivoire, Ghana, Kenya not rolled over yet
Tariffs are cut slightly post-transition by converting tariffs in euros to sterling using a low exchange rate and getting rid of low “nuisance” tariffs (below 2%).

Most other eliminated tariffs are not on products that mid/low income countries export.…
In this, the UK is a world leader.

No other country in the world has bothered to give its common-or-garden applied MFN tariffs a brandname.

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