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The UK-EU Trade and Cooperation Agreement seeks to reduce the costs for traders of
customs processes introduced following the end of the transition period with the EU.
It supports efficient customs arrangements and ensures that goods originating in the
EU or UK are not subject to tariffs. For goods that do not meet requirements of the
rules of origin, tariffs still apply. Products sent between the EU to the UK may also
be liable for other charges such as excise duty and import VAT. The extent to which
any of these charges and impacts feed through to consumer prices is based on a range
of factors including individual business decisions.
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