London: Great Britain has announced an additional 20 billion pounds ($ 26 billion) of financial support for exporters, including those affected by American rates, in a decision to ensure stability in a growing context on global trade rules.
Great Britain made this announcement on Sunday as the prices, introduced by US President Donald Trump, deepened uncertainty for British companies on their exposure to the new commercial regime.
The United States has imposed prices of 25% on imports of steel, aluminum and cars, and a basic tariff of 10% on most other imports from countries like Great Britain.
The government said the increase increased the loan capacity of the United Kingdom Export Finance (UKEF) to 80 billion pounds sterling, with up to 10 billion pounds sterling to support the most affected by short-term tariffs.
“The world is changing, which is why it is more important than ever to support our cutting -edge companies and support them to meet the challenges to come,” said finance minister Rachel Reeves.
“Today’s announcement will do this exactly, with thousands of companies across the country that benefit from it.”
Small and medium -sized enterprises will also have access to loans up to 2 million pounds sterling as part of the package.