Tag: United Kingdom
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The United Kingdom and the United States are locked in negotiations to resolve tariffs on British steel and Scotch whisky measures that have strained trade relations since 2018. These tariffs, originally imposed under the Trump administration’s Section 232 national security justification, have had significant economic and political consequences. Steel tariffs of 25% and whisky levies…
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Steel at the Crossroads: The EU-UK Tariff Rift and Its Industrial Reverberations Introduction: A Strategic Shock to the Steel Spine of Europe In late 2025, the European Commission unveiled a sweeping proposal to overhaul its steel import safeguards slashing tariff-free quotas by nearly half and doubling out-of-quota tariffs to 50%. For the United Kingdom, whose…
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Updated: December 8th, 2025 The US-UK Pharma Deal: A New Chapter for Trans-Atlantic Pharmaceutical Trade In early December 2025, after months of tense negotiations, the United States and the United Kingdom announced a landmark agreement that could reshape how medicines are traded, priced, and developed on both sides of the Atlantic. The deal promises zero…
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For decades, air conditioning in Europe was viewed as a cultural anomaly a symbol of excess, environmental disregard, or simply an American import that didn’t fit the continent’s temperate climate and architectural traditions. In the UK, the idea of installing AC in homes was often met with raised eyebrows, dismissed as unnecessary or even unhealthy.…
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From Steel to Pharmaceuticals: UK–Vietnam Trade Enters a New Era As the global economy shifts and countries redefine their partnerships, the United Kingdom and Vietnam have taken a decisive step forward. On July 18, 2025, a landmark agreement saw the UK lower tariffs on Vietnamese steel and electronics, while Vietnam began granting broader access to…
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As the world witnesses a paradigm shift in globalization, the upcoming India–UK Mini Deal is a milestone that blends economic pragmatism with strategic ambition. Slated for signing in July 2025 during Prime Minister Narendra Modi’s official visit to London, this compact but powerful trade agreement sets the stage for deeper cooperation between two countries that…
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On 17 July 2025, the United Kingdom and Germany signed the Kensington Treaty, a sweeping bilateral agreement that redefines their post-Brexit relationship. This treaty is not merely a trade pact—it’s a strategic framework for economic resilience, defense cooperation, migration control, and technological leadership. Signed by UK Prime Minister Keir Starmer and German Chancellor Friedrich Merz,…
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Tariffs Between Canada and the UK Trade tariffs between Canada and the UK have evolved over time, influenced by economic policies, trade agreements, and global market conditions. The Canada-United Kingdom Trade Continuity Agreement (CUKTCA) has helped maintain preferential tariff rates since April 2021, ensuring that 98% of Canadian exports to the UK remain tariff-free. However,…
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The Age of Trade and Protectionism Tariffs—taxes imposed on imported goods—have played a critical role in shaping economies, protecting industries, and influencing international relations. Though often seen merely as tools of economic policy, their history is deeply interwoven with nationalism, industrialization, war, and diplomacy. For centuries, major world powers have struggled to balance protectionism and…
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The United Kingdom has long been a key player in international trade, shaping economic policies through bilateral agreements, European partnerships, and global market strategies. Since Brexit, the UK has pursued independent trade deals, strengthening relationships with the U.S., China, India, and Middle Eastern nations. The May 14, 2025 tariff updates mark a significant shift in…