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UK Secures Tariff-Free Trade with South Korea Amid US Talks Halt

12/16/2025

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UK Secures Trade Deal
  • The United Kingdom has finalized a free trade agreement with South Korea.
  • Trade Minister Chris Bryant announced the deal, securing tariff-free access on 98% of goods, including pharmaceuticals and automotive.
  • The updated rules of origin allow 25% UK content for cars, down from 55%.
  • Meanwhile, the United States has suspended negotiations on a technology deal with the United Kingdom over trade barrier reductions.
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