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  2. United Kingdom–United States Free Trade Agreement - Wikipedia

    en.wikipedia.org/wiki/United_Kingdom–United...

    The United Kingdom–United States Free Trade Agreement (UKUSFTA) is a proposed free trade agreement between the United Kingdom and the United States. [1]The UK became legally able to independently negotiate trade agreements when it left the European Union from 1 January 2020 due to a transition period which lasted until the UK formally exited the EU. [2]

  3. Value-added tax in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax_in_the...

    In the United Kingdom, the value added tax (VAT) [1] was introduced in 1973, replacing Purchase Tax, and is the third-largest source of government revenue, after income tax and National Insurance. It is administered and collected by HM Revenue and Customs, primarily through the Value Added Tax Act 1994 . VAT is levied on most goods and services ...

  4. List of countries by tariff rate - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    This is a list of countries by tariff rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Import duty refers to taxes levied on imported goods, capital and services. The level of customs duties is a direct indicator of the openness of an economy to world trade.

  5. United Kingdom–United States relations - Wikipedia

    en.wikipedia.org/wiki/United_Kingdom–United...

    In addition to a commitment in principle to a new UK-US Data Bridge; that facilitates the transfer of data by UK businesses to certified US organisations. [ 260 ] During the signing of the accession of the United Kingdom to CPTPP on the 16 July 2023, Kemi Badenoch blamed the lack of progress on the UK-US FTA on the change of administration from ...

  6. List of exports of the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/List_of_exports_of_the...

    The UK exports to 160 nations. The UK is the fifth largest exporter. Data is for 2019, in millions of USD (United States dollars), as reported by International Trade Centre. Currently the top fifty exports are listed. #

  7. Free trade agreements of the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Free_trade_agreements_of...

    As of May 2023, the United Kingdom has 38 active free trade agreements with nations and trade blocs, covering 100 countries and territories. [3] [1] Five of these are 'new' trade agreements, such as with Australia and New Zealand. [4] The remaining 33 are continuity agreements. Furthermore, the UK has a customs union with its three Crown ...

  8. Economy of the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Economy_of_the_United_Kingdom

    UK Government: $86.9 billion. Bank of England: $0.015 billion. The economy of the United Kingdom is a highly developed social market economy. [ 26][ 27][ 28] It is the sixth-largest national economy in the world measured by nominal gross domestic product (GDP), ninth-largest by purchasing power parity (PPP), and twenty-first by nominal GDP per ...

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