Alert Message:
The United States and Britain have ended a four-year dispute over U.S. steel and aluminum tariffs. The two countries have pledged to work together to counter China in a deal that also removes British tariffs on U.S. exports including motorcycles, whiskey, and other products. Additionally, Chinese-owned steel companies in Britain must undergo annual audits to ensure that Chinese steel can’t enter the United States tariff-free.
You can read the full article on ABC News here: https://abcnews.go.com/Business/wireStory/us-agrees-lift-taxes-british-steel-aluminum-83610454
If you have any questions about these changes, the Logistics Plus Customs and Compliance team is here to help.