UK plans to cut tariffs on US agricultural imports

Omkar Godbole FXStreet Contributor

The United Kingdom is planning to cut tariffs on imports of agricultural goods from the US in a bid to advance progress on a free trade agreement, the Financial Times newspaper reported on Thursday.

Key point

According to Reuters, the Financial Times revealed that UK's Department for International Trade was considering a "big concession package" to negotiators from the United States over the coming months to cut the cost of certain agricultural imports.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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