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.

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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 Commo…