The United Kingdom will suspend retaliatory tariffs imposed on US goods as part of a dispute over aircraft subsidies from January 1, the trade department said, describing the move as an attempt to de-escalate a damaging international trade conflict.
The decision marks the start of the UK’s divergence from European Union trade policy, coming into effect on the day its exit from the bloc’s rules and regulations is complete and signals an ambition to forge closer ties with the United States.