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What is it actually in British trade transactions?

What is it actually in British trade transactions?

 


Surprisingly, the United States received a quota with no new tariffs on ethanol and was first applied to 1.4 billion liters. Ethanol, which was previously imported from the United Kingdom, received a tariff of 10-50 %depending on its use.

At the White House press conference, Trump said the contract will greatly increase access to almost all products produced by US beef, ethanol and our great farmers.

According to the White House document, the contract will create a $ 5 billion opportunity for new exports for US farmers, ranches and producers, and Ethanol exports will include more than $ 700 million and $ 250 million in other agricultural products such as beef.

Our biggest concern is that the two agricultural sectors have a big burden on the elimination of tariffs on other industries in the economy. Tom Bradshaw, chairman of the National Farmers' Union, said that such imbalances cannot be continued in future negotiations.

He added that if the contract includes bioethanol in this contract, concerns about the UK's cultivated farmers will be raised. We are striving for the survival of domestic Bioethanol production and the potential influence on members.

The White House also said the nations were trying to cooperate to strengthen their industrial and agricultural market access.

Sources

1/ https://Google.com/

2/ https://www.politico.eu/article/what-is-and-isnt-included-in-the-uk-us-trade-deal/

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