Britain’s Department for Business and Trade has expressed concerns that the rules of origin deal with Canada may not be extended, potentially impacting trade arrangements and tariffs for carmakers in the UK. Talks between the two countries paused in January, and with the agreement set to expire, facing uncertainties loom. The UK has attributed the pause to disagreements with Canada over rules of origin and access to agricultural markets, putting trade at risk. While the UK remains open to finding a solution, the possibility of increased costs and tariffs on auto exports to Canada could have significant implications for businesses on both sides of the Atlantic.
Post-Brexit Trade Dispute with Canada Threatens UK Carmakers
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