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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
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.
gov.uk/government/new…
Most other eliminated tariffs are not on products that mid/low income countries export.
gov.uk/government/new…
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.
#UKGlobalTariffTM
gov.uk/government/new…
No other country in the world has bothered to give its common-or-garden applied MFN tariffs a brandname.
#UKGlobalTariffTM
gov.uk/government/new…
