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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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