Embarking on post-Brexit trade talks, UK sets out new global tariff regime

LONDON (Reuters) - The United Kingdom announced a new post-Brexit tariff regime on Tuesday to give it leverage in trade talks, maintaining the European Union's 10% duty on cars but cutting levies on tens of billions of dollars of supply chain imports.The new tariff regime, which would come into effect from January 2021, aims to simplify what some UK officials call an overly complex EU system and help Britain negotiate trade deals with the United States, the Brussels-based bloc and others.But it..