LED Lighting Products Free from Tariffs with UK’s New Tariff Regime

The British government announced the new tariff regime as it is exiting the EU. The UK Global Tariff (UKGT) was introduced last week to replace the EU’s Common External Tariff on January 1, 2021. With UKGT, LED lamps will be free from tariffs as the new regime aims to support sustainable economy.


(Image: Pixabay)

According to the UK government, the UKGT is tailored to the needs of the UK economy and will simply nearly 6000 tariff lines to reduce administrative cost. In order to back green economy, tariffs on over 100 items related renewable energy, energy efficiency, carbon capture and the circular economy will be cut to zero and LED lightings are included.

As most of the LED lighting products in the world are made in China, the new UK tariff will benefit Chinese exports, who still suffer from the extra tariffs of the US due to the trade war.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.
Display devices have been used for many years as a means of HMI (Human Machine Interface) to connect humans and machines interactively, and their usage are still expanding. Automotive interiors are no exception to this trend, with an increasing ... READ MORE
About LiDAR Automotive industry trends In recent years, many vehicles have been launched with ADAS (Advanced Driver Assistance Systems) as standard equipment. As the future evolves towards more automated driving, sensing around the vehicle i... READ MORE