U.S. Suspends Tariffs on Most U.K. Goods To Ease Trade Tensions

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The U.S. and U.K. will suspend tariffs for four months “to ease the burden on industry and take a bold, joint step towards resolving the longest running disputes at the World Trade Organization,” the two countries said in a joint statement.

The suspension of U.S. tariffs on U.K. goods, including whisky, will come into force on Mar. 8. The U.S. decision matches the U.K.’s unilateral move to cease applying retaliatory tariffs in January, which was a bid to de-escalate the conflict.

Note:  U.S. tariffs on a basket of European goods, including French wine and cognac, remain in force.

Read more on how the U.S. suspends tariffs on U.K. goods to ease trade tensions, especially between Airbus-Boeing.

Today in Global Small Business: Happy Labor Day Americans

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What's affecting me, my clients, my colleagues and other global small business owners:

• Happy Labor Day Americans. 
• How to create high growth women entrepreneurs in South Africa.
• How to win at the international trade game with creative export finance (WEGGinar™ on 9/6 free of charge but you must register to attend: https://register.gotowebinar.com/register/4753604763900421122; I'll be on the call).
• How to help people affected by Harvey.
• Israeli firms put new U.S. small businesses on the world map.
• Based in Chicago?  Like exporting and a good whiskey? Join us!