Responding to a question in the House of Parliament, former UK International Trade Secretary Liam Fox noted the UK is currently involved in retaliatory tariffs as a result of the EU=UK steel dispute “and we are subject to tariffs that the US never wanted to apply to the UK.
“And as we separate ourselves from the European Union we can remove ourselves from the ensnarement of that which will enable us to remove many other tariffs which will beneficial to consumers and businesses on both sides of the Atlantic.”
U.S. Trade Representative Robert Lighthizer is in London, meeting with UK International Trade Secretary Liz Truss on a new trade agreement.