The United Kingdom (UK) published the UK Global Tariff (UKGT) that will replace the European Union’s Common External Tariff as of 1 January 2021.
The UK Global Tariff:
- Will apply to all goods imported into the UK unless an exception applies such as a relief or tariff suspension, goods qualifying under Generalised Scheme of Preferences or under other trade agreements with the UK;
- Does not cover other duties such as VAT, details of the trade remedies measures, and other restrictions on imports like antidumping, countervailing, or safeguards; and
- Simplifies and liberalises some tariffs.
The guidance includes a spreadsheet of the full UKGT with the changes made to each tariff.
Link to the UK Government Guidance à https://www.gov.uk/guidance/uk-tariffs-from-1-january-2021
Link to the UK Global Tariff tool à https://www.gov.uk/check-tariffs-1-january-2021
