Britain suspended import duties on more than 100 goods

On April 11, the British government announced that it would suspend import duties on more than 100 goods, including car parts and juice, until June 2026.
The move is said to be in response to industry demand and help domestic companies control costs.

An industry body said removing tariffs on these goods would reduce inflation by 0.6 percent and cut nominal import costs by nearly 7 billion pounds ($8.77 billion).

The tariff suspension policy follows the World Trade Organization's most-favored-nation treatment principle, and the suspension of tariffs applies to goods from all countries.