- Chancellor Rachel Reeves unveils plans to support fair trade for British businesses.
- Measures include addressing unfair practices like dumping cheap goods into the UK.
- Increased support for businesses to report unfair practices and improved trade data monitoring.
- Review of customs treatment for Low Value Imports to address retailer concerns.
- Immediate action by the Trade Remedies Authority to defend against unfair trade practices.
- Emphasis on the importance of an open global economy for UK growth.
- Recent government actions include reducing tariffs and supporting the zero-emissions vehicle industry.
- Strategic approach to industrial strategy to boost British manufacturing and sales.
- Tariffs suspended on 89 foreign products for two years as part of the Spring Statement.
Source: gov.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
