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import rules

UK to end tariff exemption on low-value imports

November 24, 2025 by Zuha shahzad

LONDON: The UK finance ministry announced on Friday that Finance Minister Rachel Reeves plans to raise around 500 million pounds ($655 million) annually by removing the tariff exemption on imported goods priced below 135 pounds. The measure will be unveiled in her budget on November 26. Read More: China imposes 34% tariffs on U.S. goods starting april […]

Filed Under: Business Tagged With: consumer prices, import rules, Latest, Rachel Reeves, tariff exemption, UK budget, UK retailers

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