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Why British Fashion Faces Up to 25% US Tariffs

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Still reeling from Brexit, British fashion could now have new tariffs on its hands. After a months-long investigation into the U.K.’s digital services tax (DST), the Office of the United States Trade Representative (USTR) has determined that the action unfairly penalizes American tech companies. Now, the agency and is hitting back with proposed retaliatory tariffs…

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