British Finance Minister Rachel Reeves plans to raise around £500 million (~$655 million) a year by removing an exemption from tariffs on import of individual goods costing under £135 pounds.
“It’s time to make sure our local shops can compete fairly with overseas sellers and keep driving growth and good jobs across the UK,” Reeves said.
The British Chambers of Commerce welcomes the decision.
“It’s time to make sure our local shops can compete fairly with overseas sellers and keep driving growth and good jobs across the UK,” Reeves said.
The British Chambers of Commerce welcomes the decision.
