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UK Government Announces New Global Tariff Regime to Replace EU's Common External Tariff

21 May 2020

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Approved Changes

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United Kingdom

The UK government issued a release on 19 May 2020 announcing the UK's new MFN tariff regime, the UK Global Tariff (UKGT), which will replace the EU's Common External Tariff on 1 January 2021. --- UK Global Tariff backs UK businesses and consumers The Government has this morning (19 May) announced the UK's new MFN tariff regime, the UK Global Tariff (UKGT). This will replace the EU's Common External Tariff on 1 January 2021 at the end of the Transition Period. Our new tariff is tailored to the needs of the UK economy. It will support the economy by making...