Trade
UK-Canada Trade Barriers to Increase Amid Failure to Reach Deal
- Rules of origin measures affecting UK car firms expire Monday
- Highlights hurdles for UK’s post-Brexit trade policy
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Provisions allowing the UK to sell products containing European Union parts to Canada tariff-free will expire on Monday, after the two countries failed to reach an agreement on extensions.
While UK government officials are trying to play down the impact on British industry, especially car-makers, one critic is calling it “embarrassing” for the country’s post-Brexit trade policy that it was unable to reach a deal even with a close ally.