Australia Has Reached a Free Trade Deal With Britain

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Downing Street officials have told the BBC that Britain and Australia have agreed the broad terms of trade agreement during a meeting in London between their two prime ministers. Full details are expected later on Tuesday, Nicholas walked reports. Since Brexit. All the UK's trade deals have been based largely on the use existing arrangements with other countries. But now the government has negotiated its first trade deal from scratch. It is likely to see the reduction or removal of tariffs on a range of UK exports to Australia. In return, Australia has secured tariff free access for its lamb and beef exports to Britain. The sticking point on that was the phasing in of the new arrangements amid fears that U K Hill farmers could struggle to compete with large scale Australian

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