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U.S. lays out plan to reduce tariff, non-tariff barriers in UK trade deal

U.S. lays out plan to reduce tariff, non-tariff barriers in UK trade deal© Reuters. FILE PHOTO: A dock worker uses a crane to unload a ship in Associated British Ports facility in Goole

WASHINGTON (Reuters) – The United States on Thursday laid out objectives for a trade deal with the United Kingdom that would ensure fair and balanced trade, cut tariff and non-tariff barriers for U.S. industrial and agricultural goods and reduce regulatory differences.

The negotiating objectives, required by Congress under the “fast-track trade negotiating authority law, will seek to boost trade between the countries by eliminating tariff and non-tariff barriers,” the U.S. Trade Representative’s Office said.

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Source: Investing.com

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