HomeThemesTypesDBAbout
tag: tariffs ×540
Taxes on imported goods

items

Philip Hammond - Tariff free trade deals would only contribute a tiny amount to our GDP... so we must quash "this myth that third country trade deals will solve all our problems"
Freight company director blames new requirement for EU transport firms to provide VAT and tariff guarantees.
'After the Brexit deal was signed, Boris Johnson infamously claimed that there would be "no non-tariff barriers" on trade with the EU. It wasn’t true.'
Hospitality, retail and farming leaders all highlighted that Brexit had delivered more challenges than opportunities for the Island. They said it had created ‘more red tape’ and meant fewer European employees staying to work in Jersey.
From her busy shop on Pollokshaws Road, owner Rachna Dheer has grown a loyal customer base eager to sample the continent's finest produce. / But she fears her business may be "eradicated" when post-Brexit import fees are introduced this month.
Deal or no-deal, the cost of food is going to rise for businesses and very possibly consumers. Our business correspondent @pkelso explains why ingredients we take for granted today may become a little harder to come by if there is no #Brexit deal.
'I'm not opposed to tariff cuts, but this article which pretends tariffs are levied on the RETAIL price of a good and that consumers will see a 10% saving at the shops from a 10% tariff cut. / Flatly misleading. Trade illiterate.'
UK farmers today told William and Kate that Brexit could be "absolutely dire" for their livelihoods, with one saying voting Leave was like "turkeys voting for Christmas".
THE “sheer scale” of uncertainty created by Brexit is proving extremely challenging for fishing and farming businesses, MSPs have been told.
A leading dairy co-operative has warned that a no-deal Brexit would "wipe out" profitability in the dairy sector.
A leading dairy co-operative has warned that a no-deal Brexit would "wipe out" profitability in the dairy sector.
This is how New Zealand TV is reporting the Brexit trade deal with the UK / They visibly can't believe their luck that British farming has been made the "sacrificial lamb" for a deal hugely beneficial to NZ with "negligeable benefits for UK farmers who get nothing in return"
UK automotive industry puts the record straight on ‘no deal’ Brexit impact, as Parliament debates the meaningful vote.
As we pass 60 days of Brexit entering the final month of the first quarter of 2021, let’s take a deeper look at the impact of Brexit on UK businesses and especially e-commerce businesses. Before authoring this article, I had numerous conversations with independent e-commerce business founders. I have based this article on those discussions to bring forward first-hand experiences.
The largest free-trade in the world, spanning the African continent with its 1.2 billion people, has come into effect, aiming to eradicate tariffs and create single market for a potential market worth $2.5 trillion.
"While it is clear that ambitions have changed with respect to the past, AmCham EU calls on negotiators to seek an ambitious and comprehensive future partnership. We support a deal comprising zero tariffs, zero quotas, and zero barriers. Any deal should maintain regulatory alignment where possible ..."
David Bailey examines the potential impact of new ‘rules of origin’ requirements for Battery Electric Vehicles (BEV) under the Brexit trade deal, arguing that tariffs on UK-EU BEV trade would be self-defeating when both the UK and the EU are trying to encourage a switch to electric vehicles in order to reach net zero.
It wasn't meant to be this way. From border delays to regulation and tariffs we were told would not exist Brexit is wreaking havoc on many businesses.
The African Continental Free Trade Area will enter into force during the next African Union Summit slated for Niamey, Niger, in July, the East African reported on Tuesday.
Country’s claim that meat exports are suffering wins support from 14 countries.
Post-Brexit free trade deal will cause a ‘reallocation of resources within the economy’ including a £225m hit to semi-processed food, the Government’s own impact assessment says.
Wales' cultural identity is at stake in the row over an Australian trade deal being finalised by the UK government, the first minister has warned.
Former trade negotiator Dmitry Grozoubinski celebrates the "virtually unprecedented result" for Australia in the trade deal with the UK, telling James O'Brien "we've not heard" any benefits for Brits.
If the UK leaves the EU without a deal, the government will not be able to support all affected industries. Against a backdrop of steeply deteriorating public finances, the government will be forced into impossible choices about which businesses and industries to save. Without clear principles, the fight over subsidies will be swamped by politics.
In frank interview, EU chief negotiator tells Britain that any lowering of regulatory standards will be punished.
This real-life experience of a small West Yorkshire company, before and after the creation of the single market, provides an insight into our imminent future in the event that we leave the EU without a worthwhile trading deal.
Luxury carmaker Bentley (VOWG_p.DE) said free trade with Europe not the United States was its priority as Britain negotiates its new relationship with the European Union...
We knew leaving the EU would weaken us. Now we can see it will limit the ability of the government to rein in big tech.
Truckers claim they are not to blame for “any pending disaster” at UK borders as the grace period for customs declarations comes to an end with the year.
Britain's car industry risks losing out even if there is a post-Brexit trade deal with the EU, according to documents seen by the BBC.
David Bailey looks at the implications of BMW’s decision to stop producing the electric MINI at its Oxford plant and sets out what the decisions tells us about the UK automotive industry post-Brexit.
THE SNP have slammed Boris Johnson for “betraying” Scottish farmers over plans to go ahead with a tariff-free trade deal with Australia.
Prime minister on course to strike only 'barest of bare bone deals' by end of 2020, think tank concludes - and failing to be upfront about 'trade-offs'.
After a question about Brexit, trade and the Irish border, Boris Johnson says there wouldn't be tariffs with the EU because the UK could rely on GATT 24 allowing tariff free trade. That's wrong - both sides need to agree a trade deal first.
Boris Johnson has been warned his prospective free trade deal with Australia could “decimate” the British farming industry, as opposition parties unite against a zero-tariff agreement.
The UK government will ultimately back away from a no-deal Brexit because trading on World Trade Organisation rules with Europe would be simply too damaging for UK business after the Covid crisis, Peter Mandelson has predicted.
Tory leadership hopeful is wrong to suggest UK could have tariff-free trade with the EU following a no-deal Brexit, says international body’s chief.
Chief negotiator sets out red lines for ‘basic agreement’ and says UK will have to agree to ‘level playing field’ if it wants access to European markets.
Brussels can inflict sanctions affecting other goods, services, transport, intellectual property and energy, Institute for Government concludes.
Irish white sliced pan, pizza dough and wholemeal bread all face price hikes because of Brexit-related tariffs.
Greenpeace investigators say the firm, which also donated to the Conservatives, will be sole beneficiary of rule changes on importing raw cane sugar
Local officials are considering breaking ranks with the UK Government and asking the EU for help, reports David Hencke.
Scottish rural economy minister Fergus Ewing said the sector was being decimated by the pandemic, Brexit and tariffs.
While the picture’s hardly pretty and certainly not what advocates of Brexit envisioned, none of it surprises economists. As a former Bank of England official observed: “You run a trade war against yourself, bad things happen.”
The SNP claimed a "triple whammy" of Brexit, the pandemic and US tariffs had hit Scotland's most valuable export hard.
Brexit made some businesses “suddenly uncompetitive” as costs and red tape increased, says the CEO of the British Independent Retail Association
Bonded customs warehouses are in demand to manage duties / U.K. firms exporting food to Ireland snap up Dublin storage
Donald Tusk has warned a no-deal Brexit is‘more likely than ever.’ But if it happens it could be chaotic.
UK clothing and lifestyle brand Joules is terminating some of its wholesale agreements with stockists in the European Union. Drapers explores who else is following suit, and what the implications are.
Production of a sculpture for the O’Connell plinth outside Dublin’s City Hall has been delayed due to Brexit-related difficulties sourcing the correct glue.
In reality, Brexit has hobbled the UK economy, which remains the only member of the G7 — the group of advanced economies that also includes Canada, France, Germany, Italy, Japan and the United States — with an economy smaller than it was before the pandemic.
The price spike comes amid warnings from hauliers that delays at Calais and other French ports are set to deteriorate further.
The trade impact of Brexit is laid bare in the latest Central Statistics Office (CSO) data, which shows a huge surge in imports to Ireland of goods from Europe and a sharp fall in goods bought from Britain, as Irish companies opened up new supply chains to avoid tariffs and delivery delays on goods from the UK.
Politicians posing with fruit rarely ends well and the latest MP to try it has come off looking like a bit of lemon.
Slashing tariffs to zero on the majority of UK imports in the event of a no-deal Brexit will be a “sledgehammer for the economy” and deliver a widespread shock across the country, business groups have warned.
Retailer JD Sports is to open a 65,000 sq ft warehouse near Dublin to tackle post-Brexit trading problems.
Four hours of Brexit talks over Northern Ireland ended with 'no substantive agreement' - with the UK threatening to extend a sausage trading deadline while the EU threatened tariffs in return.
Michel Barnier accuses UK of "backtracking" on commitments but government sources accuse EU of offering only a "binary choice".
One of the world’s biggest carmakers has warned it may be forced to close its UK factories if the government can’t renegotiate part of the Brexit deal with the EU.
New Brexit tariffs on electric car parts threaten the future of Vauxhall’s huge factory in Luton, the plant’s director has warned.
Brexit is likely to have a negative impact on the business between Germany and the UK, the German DIHK Chambers of Industry and Commerce said on Tuesday, adding that a trade and cooperation agreement with Britain can only partially offset the downturn.
Shaky foundations a big problem for companies mulling investment in UK, inquiry told - despite PM’s boast of ‘a resolution’ of Europe issue.
More Japanese firms could follow Honda and leave Britain in the coming months if the uncertainty caused by Brexit is not lifted soon, the country’s ambassador has said.
Here are five of the outcomes that have been in the news so far this year.
There's been a lot of talk about free trade in the Brexit debate, but what exactly is a free trade agreement and how does it differ from what the UK has had with the EU?
Mr Raymond was responding to claims published by economist Patrick Minford, who predicted a benefit to the country of £135bn from a “hard Brexit” that eliminated tariffs, and a report from the Institute of Economic Affairs recommending a policy of unilateral free trade once the UK leaves the EU.
In the months since the Brexit transition period ended, trade flows at British borders have plummeted and border checks have been deemed so unworkable that their implementation has been pushed back by a year. Dire figures and delays point to the fact there is far more to free trade than tariffs...
Brexit delays and costs are escalating rapidly, warns international courier services specialist ParcelHero.
One term that keeps cropping up in discussions around Brexit is the customs union. What is it and how does it work?
As Britain prepares to leave the European Union, workers in Kenya's flower industry are closely monitoring developments.
A new report sounds the death knell for Britain’s farms in the event of no deal. It’s not the vision our farmers were sold
What will be the long-run economic effects of the United Kingdom’s decision to leave the European Union—informally known as Brexit? Compared with remaining in the European Union, there will inevitably be higher trade costs with the rest of Europe, which accounts for about half of all U.K. trade.
How will the United Kingdom’s vote to leave the European Union impact the ongoing sovereignty dispute with Argentina over the Falkland Islands (Malvinas)?
It would be fair to say that businesses in Somerset are now really starting to feel the effects of Brexit and our new trade deals with the EU and the rest of the world. From all the businesses I have spoken to so far the effects have ranged from bureaucratic nightmares with unnecessary paperwork and extra costs to complete shutdowns of exports.
EU negotiator expresses frustrations at UK refusal to discuss key issues of transition. / Michel Barnier has suggested the UK is running down the clock in talks over the future trade and security relationship with the EU.
Britain's biggest car plant has so far weathered the coronavirus pandemic and a major corporate restructuring. But it may not survive Brexit.
With its economy in tatters, England is not having its finest hour. It is a time of transition for the United Kingdom... /
A government adviser told this British businessman to replant his company in the European Union because they have “no information” about what to do after Brexit deadline.
UK companies are coming to the hard realisation that Boris Johnson’s “tariff-free” Brexit trade deal may not actually do what it says on the tin.
British exports worth billions of pounds have faced tariffs on trade with the EU since Brexit, according to an analysis of official EU statistics.
Caroline Rush today told of the “challenges” Brexit and the pandemic had posed for her industry as London Fashion Week got under way.
EU could impose punitive tariffs on key British exports such as beef if UK seeks to lower regulatory standards.
“Car crash!” exclaimed managing director Andrew Varga, whose Brexit progress I have been following since the referendum. News of the latest Brexit U-turn landed on him on Tuesday out of the blue. All his years of preparation for a new UK product safety mark, all his thousands of pounds wasted, all the uncountable hours and effort were rendered pointless, at a stroke.
There are mounting concerns over the lack of preparedness of businesses as the end of the final phase of the UK’s departure from the EU nears.
Steve and Chris record a pilot of their new podcast, CakeWatch. Issues covered: Nadine Dorries and misogyny; a weaponised civil service; Customs Union cakeism; the BBC; and #lieoftheweek coffee protectionism.
What do Chris and Steve A do while Steve B is away? Get stuck in to some proper trade nerdery, that's what. We discuss how the UK can realise its global trade ambitions, whether EU trade deals can be rolled over, and what a unilateral zero tariff regime would do to the country's bank balance. Rock & roll!
Coffee tariffs and orange tariffs and zero tariffs oh my! Chris in conversation with Twitter trade legend and man of mystery, Jim Cornelius, self-made walking encyclopedia of all things tariff-related, and scourge of so-called liberal leavers everywhere.
There was spontaneous applause as Africa’s largest economy Nigeria signed up to a deal that experts say could provide far-reaching benefits, but only if it is implemented properly.
Ex-cabinet minister says there's no point in striking a bilateral trade deal at this point.
Canadian PM suggests London lacks ‘bandwidth’ to get agreement finalised by end of year.
One of the world's largest carmakers has said it will be unable to keep their commitment to make electric vehicles in the UK without changes to the Brexit deal.
The sector issues a final plea for a no-deal Brexit to be avoided at all costs, saying the prospect is already hitting jobs.
British car factories will be forced to close with the loss of thousands of jobs if the UK government does not renegotiate its Brexit deal immediately, automaker Stellantis has warned.
The Bank of England governor, Mark Carney, has said that the UK would be hit automatically by tariffs on exports to the EU in a no-deal Brexit, rejecting a claim made by Boris Johnson that this could be avoided.
Carolyn Fairbairn says the UK economy is in ‘suspended animation’ while issue remain unresolved.
The Chancellor has warned there will be no alignment with EU regulations after Brexit - despite a pledge being made in the North East by Boris Johnson that standards would be protected.
Rishi Sunak reportedly planning to open bidding for towns, cities and regions to become designated zones where UK taxes and tariffs will not apply.
Customs expert says extra costs and delays will harm small businesses and WTO rules would ‘kill UK farming’
Chesham and Amersham MP Sarah Green, has called on the Government to face up to the negative impacts of their Brexit deal and work to support those affected.
Sir, — Michael Cavaghan-Pack’s contention (Letters, 6 September) that tariffs are placed by the European Union on developing countries needs to be addressed.
Fashion is fast and fleeting. That’s the point. Designers are lucky if they get a 10-year catwalk run. Now some are wondering if the industry itself will get another 10 years. The business is “living through hell,” says Vetements chief executive Guram Gvasalia.
On March 21, 2018, in Kigali, Rwanda, Africa took the giant step of creating a large and integrated market by establishing the African Continental Free Trade Area (AfCFTA)
Cumbrian sheep farmers are warning a no-deal Brexit would be "absolutely crippling" for the sector.
The NI dairy industry has warned of a "doomsday scenario" for processors and farmers if there is a no-deal Brexit.
The head of the UK's largest dairy farmers' co-operative has warned that prices may rise sharply in the event of a "no-deal" Brexit.
Dan Hannan has a problem with the truth. The arch-Brexiter – who is back in the news with his book, What Next: How to get the best from Brexit – keeps getting his facts wrong on his pet topic. Here are nine errors and disingenuous remarks the Tory MEP has made in recent months.
Emma Barnett interviews Daniel Kawczynski on Boris Johnson's claim about GATT Article XXIV. He doesn't know what it is but he's sure that Boris or Peter Lilley is right about it.
The Brexit debate deserves so much better than Economists for Free Trade’s latest offering. Their paper, championed by Jacob Rees-Mogg, tries to make the case for leaving the EU without a deal and trading under World Trade Organization rules.
More than 15,000 direct and indirect jobs are currently being affected negatively due to the failure of Ghana and UK to sign a post Brexit trade agreement that allows Ghanaian fruit producers’ tariff free access to the UK market as exists under the Economic Partnership Agreement (EPA).
"All this will do is provide a free subsidy for cane coming into the UK at the expense of UK farmers" /
“It wasn’t until October 2020 that he finally understood even vaguely what leaving the customs union meant.”
Business groups and unions are urging the government not to go ahead with plans to ditch a wide range of EU laws, warning the move could cause "confusion and disruption" in the UK.
Wrong to ‘conflate’ issues, Boris Johnson’s spokesman insists – after US official said talks were on hold because of Article 16 fears.
The Tory leadership race has brought a no-deal Brexit closer. Most candidates have either elevated No Deal to a heightened form of Brexit - a "clean" Brexit - or have insisted it is preferable to an extension beyond the current Article 50 deadline of 31 October.
UK preparing to lift tariffs on palm oil from Malaysia as price for joining CPTPP trade agreement. / Britain is preparing to sign off on a post-Brexit trade deal that campaigners say will encourage further destruction of nature, threaten the habitat of orangutans in Malaysia and make a mockery of the government’s claims of being committed to tackling deforestation abroad.
Electric vehicles moving between the UK and the EU face a 10 per cent tariff once a grace period expires in 2027.
Many electric vehicles made and sold in the UK and Europe are set to become more expensive from 2024, which will delay price parity with petrol and diesel cars, it has emerged.
The government has promised to push for an end to tariffs on UK-made ice cream vans during trade negotiations with the US, Australia and Japan.
European Commission president Ursula von der Leyen pointed out that even Australia wants a better trading relationship with the bloc than the one it currently has.
EU confidence that the UK would come out far worse is bad news for Tory leadership candidates planning brinkmanship. / EU officials are working on the basis that the UK’s economy will be hit up to 10 times as hard by a no-deal Brexit than the UK, the latest analysis by the European Commission shows.
European car makers are calling for a three-year delay in post-Brexit trade rules around electric cars – warning of both a loss of production and a potential €4.3 billion (£3.7 billion) tariff hit.
'Patience is wearing thin' with the UK on the Northern Ireland Brexit protocol, the European Commission's vice-president, Maroš Šefčovič, has warned, adding the EU could retaliate by suspending some cooperation and imposing tariffs.
Lorries carrying food to Northern Ireland’s supermarkets may need more than 100 health certificates under the UK-EU trade deal, a business chief has warned.
Post-Brexit rules forcing European automakers to source more electric vehicle components from Britain or the EU could cost them up to 4.3 billion euros ($4.7 billion) in tariffs and hit output, a leading industry body said on Tuesday.
A TOP EU official has hit out at the UK Government for making proposals about Brexit talks before a key meeting next month.
For some weeks the British government has been planning a “shock and awe” campaign to warn British businesses that they have less than six months to prepare for Brexit; but the EU has beaten them to it.
Mr Coveney said a long extension to Article 50 would give the UK a "long reflection period" to consider the kind of Brexit it wanted and could facilitate a fundamental rethink.
Agriculture commissioner says plan is not compatible with WTO rules.
The European Union is about to formally reject a UK plea for special allowances for exports of electric cars in a post-Brexit trade deal.
The European Union (EU) is the world's largest single market and the EU Trade Helpdesk is your one-stop-shop to access it. The EU is committed to helping exporters like you in its trade partner countries with the information you need ...
An EU official has urged Boris Johnson to take the ‘unique and highly attractive’ offer it has made to the UK which it says has never been offered to any country before.
Chief negotiator Michel Barnier warns of "serious difficulties" and accuses Britain of failing to engage on subjects laid out in the withdrawal agreement.
A top European Union official said Wednesday that Britain could face retaliatory tariffs or other sanctions after talks failed to resolve an increasingly heated dispute over implementation of their post-Brexit trade deal in Northern Ireland.
The European Union and Japan will launch the world’s largest free trade zone early next year after their economic partnership cleared a final hurdle on Wednesday. Some 70 percent of European Parliament lawmakers backed the agreement that binds two economies accounting for about a third of global gross domestic product and signals their rejection of protectionism.
In recent weeks I have been hearing a lot - both publicly and privately - from EU leaders, and from the chief executives of some of the region's biggest companies. No wonder. They've had a lot on their plate with events in Ukraine, a transformation of their energy supply lines, and the prospect of knock-on effects, including possible recession.
EVs being exported from the EU to the UK will still have tariffs on them from next year as a result of Brexit, despite a plea to defer the trade rule.
Eurora Solutions has launched its Service Portal, enabling UK Small and Medium Enterprises (SMEs) to outsource the complexities of dealing with the red tape caused by Brexit.
Every single thing about this “How much we will save on tariffs after Brexit” thing in The Sun the other day was completely wrong.
Everything but Arms (EBA) is an initiative of the European Union under which all imports to the EU from the Least Developed Countries are duty-free and quota-free, with the exception of armaments.
Boris Johnson, the front-runner to be Britain’s next prime minister, has raised the prospect of a shock for the world’s fifth-biggest economy by pledging to leave the European Union on Oct. 31 without a transition deal if necessary.
The UK represented the Crown Dependencies and British Overseas Territories in relations with the EU while a member of the block. But since Brexit, how is it performing at engaging the EU to represent their individual interests?
More than half of farms will go bust if Boris Johnson forces through a no-deal Brexit, farmers are warning, as some join the campaign for a fresh referendum. / Farmers for a People’s Vote group is unveiled, as latest arm of the movement demanding a Final Say referendum.
Select committee says government needs contingency plans to protect consumers and businesses from impact from tariffs. / Food prices could rise sharply and farming businesses could be wiped out at the end of a Brexit transition period, a House of Commons committee has warned.
Fashion Roundtable, the secretariat for the All Party Parliamentary Group (APPG) for Textiles and Fashion, has put forward 11 recommendations to help mitigate Brexit's impact on the UK fashion and textile industry.
Boris Johnson has been warned that his prospective trade deal with Australia could spell “a slow painful death” for Britain’s beef farming industry, after one of Australia’s biggest producers said a zero-tariff agreement could increase exports to the UK tenfold.
The long term future of a major vehicle plant and 1,500 jobs could be put in jeopardy if part of the Brexit treaty is not renegotiated, its plant director has warned.
Food and drink supplies in the UK face more disruption after the end of the Brexit transition period than they did from Covid, the industry has said.
MPs claim failure to implement a robust customs regime in Northern Ireland will lead to international criminals, including drug traffickers, making plans to target a soft border.
Many of Wales' fishermen will "not survive" a Brexit no deal, it has been claimed. The vast majority catch shellfish, exporting them live to the continent or further afield via EU trade deals.
Labour says import quotas are so high they are meaningless and raises concerns about animal welfare
Brexit as an ideological project has stripped the government of any sense of basic pragmatism.
DPD pauses road service and retailers suspend sales or reduce lines amid concerns over paperwork and tariffs.
"It's not us putting the prices up, it's Brexit." / Rosa shared some staggering statistics. Between the referendum result in 2016 and May 2018, 1900 florists shut up shop. Between May to October 2018 more floristry businesses closed.
Flower and bulb growers say uncertainty around any Brexit deal is their "biggest issue" at the moment.
Britain should continue following EU car regulations to avoid extra costs for consumers, says the boss of Ford. / Tim Slatter's comments come as car manufacturers prepare for the first major review of Britain's post-Brexit trade deal with the EU.
Ian Wright, chief executive of the Food and Drink Federation, voiced his concerns. / A leading figure from the food and drink industry has said he is “absolutely terrified” about the impact of a no-deal Brexit if it leads to the imposition of tariffs on trade with the EU.
Food prices could rise between 5% and 10% if there is a disorderly Brexit, the Bank of England governor, Mark Carney, has warned.
Tariffs ranging from 2% to 20% will be passed on to consumers, says frozen food specialist.
Could Brexit mean cheaper food on our supermarket shelves? The idea has been propagated by politicians such as Jacob Rees-Mogg and business people like JD Wetherspoon’s owner Tim Martin, who promised lower prices in his “Beermat Manifesto”.
British motorists will have to pay up to £1,700 more for two popular Ford models this year after they were hit by new post-Brexit tariffs.
Ford has been stockpiling vehicles in the UK and moving engines in to Europe in advance of a hard Brexit.
WTO’s accession chief says Britain’s departure from the EU creates an unprecedented situation that could take years to resolve.
Dmitry Grozoubinski, a former diplomat and trade negotiator at the World Trade Organisation, and Shanker Singham from the Institute of Economic Affairs, whose work is often cited by Brexiteer politicians, discuss tariffs.
Germany told European Union nations that relations between the UK and the bloc reached a new low and they should be ready for a serious fight if London enacts the bill it proposed to tear up the Northern Ireland Protocol.
Even if the European Union and the United Kingdom conclude a highly ambitious partnership covering all areas agreed in the Political Declaration by the end of 2020, the United Kingdom’s withdrawal from the EU acquis, the internal market and the Customs Union, at the end of the transition period will inevitably create barriers to trade and cross-border exchanges that do not exist today.
Fabian Picardo tells The Independent a clause in Gibraltar's constitution gives it the right to choose its own terms for matters such as trade tariffs and regulations, whatever Ms May agrees with Brussels, in a move that could embolden other regions calling for bespoke deals.
Gocycle, the award-winning e-bike brand founded by ex-Formula 1 engineer Richard Thorpe, is setting up a subsidiary in the Netherlands after the Brexit deal signed on Christmas Eve provided “certainty” about the future trading relationship between the UK and EU.
Campaigners say claims by Liz Truss' Department for International Trade about UK-Japan trade deal benefits should be taken with "pinch of salt".
The UK government is reviewing plans to remove tariffs on a wide range of imports post-Brexit, following warnings that it would undermine the country's oil refining industry.
The Department for International Trade (DIT) intends to cut 80-90% of all tariffs imposed on goods imported into Britain, according to Whitehall sources.
The government has been warned to abandon its proposed tariff-free quota for raw cane sugar imports because of its potential to undercut UK growers.
ITV News Europe Editor James Mates visited Greece, where traders and businesses tell him that cost and paperwork is making them turn to other countries to do business.
"For disgruntled steel workers in Port Talbot, the Brexit vote was their chance to get the people at the top — and the national media — to listen. In a bitter irony, they are also the ones who stand to lose the most from Brexit. "
Many UK cheese makers could face 245% duty from 1 January, making exporting unaffordable. / A priceless opportunity to sell “more affordable high-quality cheese to Canada” was one of those many Brexit boons that Boris Johnson championed with his customary blather as prime minister.
Economists tell us Brexit will have a substantial economic impact on our lives. But how would ordinary people experience them? Ben Chu looks at the possible impact on wages, benefits and taxes.
SNP MSP Jim Fairlie will lead a Members’ Business Debate today on the threat a tariff-free trade deal with countries like Australia will pose to Scotland’s farmers and agriculture sector.
UK reliance on EU food imports is a major risk if the country crashes out of the union. / Walk into any British supermarket and you will be surrounded by European products, from Italian cheeses to French wines. Around 30% of all food consumed in the UK is imported from the EU, but for some foods, such as spinach and olives, the EU is practically the UK’s sole supplier.
Forty years after the invasion, a threat from within has ripped apart the islands’ squid and fish industry.
This article, circulated widely on social media at the time of the referendum, claimed in error that EU tariffs starve African farmers. Since then it has been updated with an errata explaining its stated facts and conclusion are wrong. No tariffs are paid except on weapons. / NOTE: This article has now been removed from CAPX. We've linked to a copy from the WayBackMachine web archive.]
The European Union has promised legal action after the British government unilaterally extended a grace period for checks on food imports to Northern Ireland, a move that Brussels said breached the terms of London’s EU divorce deal.
'It is hard to predict how full Brexit would play out, because this scale of multiple simultaneous renegotiations of global trade agreements is unprecedented – and no country has ever left the EU. It certainly can’t be assumed that Britain is bound to get quick and good deals because it is a large economy.'
Forecasts of the economic hit caused by Brexit from the UK’s budgetary watchdog are wrong, according to chancellor Jeremy Hunt.
Independent fashion retailers face mounting pressure from the cost of living crisis and rampant price inflation. Drapers examines their survival strategies. / The independent retail sector is battling rising energy costs, post-Brexit stock order delays and weak consumer confidence.
Minister warns of serious impact for food producers, especially vulnerable beef sector.
Either Boris Johnson is trying to bamboozle the public with jargon or he just doesn’t get the basics of how global trade works. Both are bad omens for the man who is likely to be our next prime minister and tasked with navigating a way through the Brexit mess.
Crashing out of the EU would not end uncertainty and would be a dark day for agriculture and food in Britain.
Dozens of users have criticised the North East Somerset politician for 'peddling misinformation.
Unfortunately, both points raised by Jacob in this clip are incorrect. Firstly there isn’t a 10-year window under WTO rules that allow us to retain on our current trading arrangement with the EU.
The current Brexit deal is “unrealistic and counterproductive” for electric car manufacturing and needs to be changed, Jaguar Land Rover (JLR) has warned.
James O'Brien Tells Brexiter Why Article 24 Is Not An Option. This caller insisted Article 24 could be the way we can solve the Brexit deadlock. But James O'Brien explained exactly why it's simply not an option.
Tokyo and London seek to quickly seal a post-Brexit deal to take effect 2021.
The U.K.’s hopes of a swift trade deal with Japan will ultimately rest on a successful resolution to the main talks between London and the European Union on a new trading arrangement, some experts say.
Peter Cowgill, executive chairman, said disruption in shipping goods to mainland Europe meant costs in the ‘double digit millions’.
Britain’s biggest sportswear retailer JD Sports Fashion is likely to build a distribution centre within the European Union and create around 1,000 jobs there to avoid paying post-Brexit tariffs, its chairman said on Tuesday.
United States Trade Representative Robert Lighthizer and European Union Trade Commissioner Phil Hogan today announced agreement on a package of tariff reductions that will increase market access for hundreds of millions of dollars in U.S. and EU exports. These tariff reductions are the first U.S.-EU negotiated reductions in duties in more than two decades.
Liz Truss urged to sign off deals quickly to spare African states high tariffs once Brexit transition period ends.
BUDDING Largs businessman has revealed how Brexit red tape left his new venture in tatters - and pushed him to the brink of a mental breakdown.
Arch Brexiteer Daniel Hannan tried to tweet about EU tariffs on wine, but ended up proving we probably do need experts after all.
A leading Brexiteer has explained why he voted for Leave – giving a reason that turns out to be false.
Lidl sent suppliers a letter demanding confirmation that they will pay any new tariffs on cross-border trade.
It is highly uncertain what the UK’s future would look like outside the European Union (EU), which makes ‘Brexit’ a leap into the unknown. This report reviews the advantages and drawbacks of the most likely options.
Manufacturers based in Boris Johnson’s new freeports will not be able to enjoy the full benefits if they are exporting to a series of countries with which the UK has signed post-Brexit trade deals.
While Brexit continues to deliver more empty shelves for consumers, more carnage to our food and fishing sectors and more chaos to the people of Northern Ireland, the eternal sunshine of our international trade secretary’s spotless mind continues to deliver more doses of what seems like good news for faithful Leavers.
International trade minister Liz Truss is reportedly preparing a “big concession package” to secure a trade deal with Donald Trump and the United States.
Just over a year since the UK left the single market and customs union, and despite the impact of the pandemic, which makes this kind of analysis all the trickier, we can begin to analyse the impact that Brexit has had on the UK economy. These impacts will vary significantly by sector and also by region. In this report, the authors investigate what they might be in the area of manufacturing.
Only half of UK firms that trade internationally have considered the impact of Brexit on their business, says the British Chambers of Commerce.
Mark Carney debunks the counterfactual claim made by leading Brexiters, including Boris Johnson, that Art. 24 of GATT allows for continued free trade with the EU after a no deal exit.
Tory Brexiteer Mark Francois debate a former international trade negotiator on television and tried to put a positive on no-deal Brexit tariffs hitting the car industry by saying 'at least it would be our choice'.
Identify customs tariffs, tariff rate quotas, trade remedies, regulatory requirements and preferential regimes applicable to your product.
This is a video of Michael Gove now telling farmers how no-deal Brexit would utterly, utterly shaft British farming - while New Zealand would get to send the EU a quota of meat tariff-free.
‘I want to awaken you to an opportunity’, Penny Mordaunt tells US audience – after Joe Biden slammed the brakes on talks.
Government condemned for trying ‘to rush it through’ – in echoes of Northern Ireland Protocol now being torn up. / MPs should block the Australia trade deal because the government has broken a promise to allow it to be scrutinised properly, a damning report says.
Pro-British loyalist militants in Northern Ireland said on Friday there had been a "spectacular collective failure" to understand their anger over Brexit and other issues as there was some respite in street clashes following a week of riots.
Industry chiefs and experts tell i the introduction of customs controls could also affect small businesses, some of which could be forced to pay tariffs.
A zero tariff, zero quota trade deal between the UK and Australia would damage Northern Ireland’s beef and sheep trade, the new DUP leader has warned.
East Anglia’s sugar beet farmers fear an “unjustified and unnecessary” new zero-tariff quota on imported cane sugar could expose them to unfair competition from less-regulated overseas growers.
The tariffs on over half of products have changed, but the weighted average tariff on goods imported from ‘MFN’ countries has fallen only from 2.1% to 1.5% (excluding non ad-valorem tariffs). Given that any difference between the UK and EU tariffs may create administrative problems ... there is room to ask whether this has been a net gain.
British farming will struggle to compete if zero-tariff trade on lamb and beef goes ahead with a post-Brexit trade deal with Australia, the president of the National Farmers’ Union (NFU) has said.
The dairy industry in Northern Ireland has warned of a "doomsday scenario" for processors and farmers if there is a no-deal Brexit.
The failure to bring in a promised cash-back scheme for companies hit by EU tariffs is "deeply disappointing", a leading business body has said.
The Sun ... "we made our calculations on retail prices, when tariffs are actually applied when goods arrive in the UK. There were also mistakes in the calculations for individual items." / "The article also stated that we pay trade charges on more than 13,000 items from outside the EU. In fact, for many of these goods, no tariffs or charges are payable."
Nissan Motor Co. gave the starkest warning yet on the future of the Japanese group’s car factories in Western Europe, with a plant in the U.K. threatened by Brexit and another in Spain suffering from a slump in demand.
If no trade deal is reached, cars made in the UK and exported to the EU would be subject to a 10 per cent tariff.
The UK's largest car manufacturing plant is "unsustainable" if the UK leaves the European Union without a trade deal, owner Nissan says.
No Deal could put more than 50% of UK farms out of business - New report launches 'Farmers for a People's Vote'.
The political implications of a no deal outcome threaten to be every bit as significant as its economic fallout, Anand Menon and Jonathan Portes write.
No deal Brexit is not the end. It’s only the beginning. To the no-deal Brexiters who say, ‘I just want to leave” or “leave means leave”: you do realise that we will be trying to get a new deals the minute we leave, don’t you?
Supporters of Brexit are “completely wrong” if they think recourse to an obscure trade rule will stop tariffs springing up overnight if Britain leaves the European Union without a deal, EU Trade Commissioner Cecilia Malmstrom said on Friday.
UK firms face ‘significant barriers’ to doing business with EU and have less access than Canadian companies, in some cases.
The U.S. wants to move the U.K. away from the EU’s set of trade rules and regulations toward the American one. Farage and Johnson are easy prey.
A no-deal Brexit could cost the farming industry £850m a year in lost profits, new research seen by the BBC suggests.
In the UK there is every expectation of a no-deal, leaving the UK out in the cold overnight, with no agreements in place about the future trading relationship between the UK and EU. That would potentially represent a horror scenario too for New Zealand exports to Europe, Jeff Grant, the UK-based New Zealand red meat sector representative, said.
Food and drink production will be more expensive due to a combination of higher tariffs and new regulatory checks, experts warned.
Proposal branded ‘ultimate betrayal’ – because it would unilaterally open up UK markets to cheaper goods from across the world.
A no-deal Brexit at the end of the year could significantly raise wheat prices for food suppliers, insiders have warned.
Some 45,000 dairy cows could be culled in Northern Ireland, in the event of a no-deal Brexit if new higher tariffs are applied to British milk, senior industry figures have warned.
The Department of International Trade is reportedly contemplating action, which would decimate our ceramic sector.
Tariffs to slash trade with Republic and severely damage farmers and food businesses, says government report.
'There is a very real risk that a disorderly Brexit will lead to an immediate reliance on overseas imports, produced to lower standards, while many UK farms struggle to survive,' NFU says
Carmakers fear disorderly exit would cripple the just-in-time supply chain, investment and lead to tariff barriers
Unless deal is secured with EU, supermarket shoppers will see their bills rise £1.3 billion a year in tariffs.
A leading dairy co-operative has warned that a no-deal Brexit would "wipe out" profitability in the dairy sector.
Bleak impact including higher prices in shops is revealed in OBR report accompanying Rishi Sunak's spending review.
Pascal Lamy, who was director general of the WTO, between 2005 and 2013, said there was a stark choice for the UK between 'minor' and 'great' trade relations with the country’s largest trading partner.
The beleaguered U.K. economy — currently experiencing what could be its deepest recession in three centuries — may need to brace for another, longer-term shock after the pandemic.
Environment secretary warns of tariffs and delays as NFU chief calls for firm guidance
Some 45,000 dairy cows could be culled in Northern Ireland, in the event of a no-deal Brexit if new higher tariffs are applied to British milk, senior industry figures have warned.
The future of the UK's fuel refineries could be threatened by a no-deal Brexit, according to an internal local authority document seen by the BBC.
New Zealand meat exporters are losing patience over their inability to get product into Northern Ireland after Brexit.
Having left the largest internal market in the world, the search is on to give the impression that there are many new trade partnerships out there to compensate for the already very real loss of cross-Channel trade. / At the moment, Britain’s trade with the CPTPP countries is less than our trade with Germany alone.
The north-east fish processing industry could be relocated to Poland after Brexit, a trade expert has warned.
Farmers say Brexit has created tremendous trade hurdles, warning of a ‘crisis’ ahead.
Company says move is a precaution in case WTO tariffs apply to EU-UK trade.
Failure to bolster the supply chains for electric cars, coupled with looming post-Brexit tariffs, could cost the UK’s car industry over £100bn in growth, a leading industry group has warned.
According to the Guardian, the EU is looking into adding a “punishment clause” in the future EU-UK trade agreement. Such a clause would allow the EU to increase its tariffs back to WTO levels in case the UK ends up lowering “social and environmental” regulations in order to regain a competitive advantage.
A post-Brexit deal between the UK and New Zealand will be “formally laid in Parliament” today despite concerns over its impact on UK producers.
THE owner of an award-winning sustainable luxury fashion business has said she fears for the future of small firms as the impact of post-Brexit import tariffs begin to bite.
Some steel products could face post-Brexit taxes within months, the sector has warned.
The increases would come from hefty tariffs on imports and the cost of increased border checks on food coming into the country.
The UK government has made a last-ditch decision to overrule its official post-Brexit trade advisers to extend protections on certain steel products.
Non-tariff measures (NTMs) could cause major fractures in post-exit trade relations between the United Kingdom (UK) and the European Union (EU), knocking up to US$32 billion, or 14 per cent, off of UK exports to the EU, according to a new UNCTAD study.
"In a stroke of a pen, the Department of International Trade could kill off one of our oldest and proudest industries."
This could hamper the UK’s ambition to be a global leader in zero-emission vehicle development, production and employment.
Government criticised over ‘indefensible’ proposal that could undermine climate efforts while yielding benefit of only £1.38m.
Jacob Rees-Mogg has put his name to an “Economists for Free Trade” (EfT) report claiming a no-deal Brexit would bring a £1.1 trillion boost to the British economy over the next 15 years. This is pure fantasy. The overwhelming consensus amongst economists is that quitting the EU with no deal would be a disaster on a truly magnificent scale.
This week on the Brexit podcast for the reality-based community… The “staggering economic illiteracy” of Brexit cheerleader Prof Patrick Minford. Will civil servants come to Britain’s rescue? Why the European Free Trade Association Court is “less boring than it sounds”.
Shoppers hit with extra charges of more than 20% are sending goods back but UK retailers find it’s not worth the hassle
Scottish foods that are sold in Europe could be hit by a 50%-plus price hike following Brexit, it has been claimed.
SCOTTISH sheep farmers have blasted a Tory minister's "laughable" claim about the potential for selling lamb to the EU after Brexit.
A cheese processing firm employing 140 people has warned jobs could be at risk if Brexit trade talks end without a deal.
Getting a post-Brexit trade deal with the European Union is "very important to sheep farming", a Tory MP has said.
JERSEY’S historic oyster-growing industry could be decimated by Brexit, a third-generation shellfish farmer has said.
Shoppers will feel the impact of a no-deal Brexit at supermarket tills, the British Retail Consortium has warned.
The PM is reportedly considering bypassing the Northern Ireland protocol so British sausages can continue to be sold there.
The UK must ensure that it retains access to the Single Market, has an open trading regime and maintains a stable regulatory framework with the European Union to minimise the impact of Brexit on the North East economy. This is the key conclusion of ‘Leaving the European Union’, a report by a powerful regional economic group says today.
Sir Martin shared his insight on what challenges the Government is facing, what the Government and business should do now and how the UK seeks to forge new trading relationships outside of the European Union.
Independent small businesses across the South West say their recovery from the pandemic is being hit by the impact of Brexit tariffs.
Up to £9.5bn-worth of UK exports to the EU between January and July have had tariffs placed on them despite “tariff-free” trade deal, analysis for Channel 4’s Dispatches shows.
“Through 2019, 140 companies opted to move to the Netherlands and we were talking to 250 companies, but that has now increased to nearly 500.”
A UK cabinet row on allowing tariff free imports from Australia has exposed fears that a trade deal will destroy Scottish farming and open up another front in the independence debate.
Some steel exports from Great Britain to Northern Ireland are facing a 25% tariff because of changes to EU rules.
South Yorkshire bosses have branded the UK’s Brexit deal a ‘total disaster’ and say it could cost jobs or force some firms to close.
Stellantis has warned it won’t be able to keep its commitment to building electric vehicles in the UK without changes to the Brexit deal.
French car giant says it cannot follow parts sourcing rules, introduced through Brexit, which add hefty tariffs. / Stellantis has urged the UK government to renegotiate part of its Brexit deal with the EU so it can avoid vehicle factory closures, which would result in the loss of thousands of jobs.
Stellantis warned post-Brexit trading arrangements risk its operations in the country. / “If the cost of EV manufacturing in the U.K. becomes uncompetitive and unsustainable, operations will close,” it said. / Rules of Origin requirements on batteries and EVs are due to be scaled up in coming years, with automakers facing 10% export tariffs.
The Sun has finally fessed up to a series of careless calculations suggesting Brexit would see big price drops in UK shops. The tabloid deleted the offending article hours after posting it on February 27. ... Will Brexiters such as Jacob Rees-Mogg, who enthusiastically tweeted the original figures set the record straight also?
A fruit and vegetable buyer for a major supermarket told James O'Brien the reality of how food supplies and prices would be affected in a no-deal Brexit - and it's not good news.
Three-quarters of NE bosses say Brexit is bad news for their businesses - with many suffering falling sales and rising red tape.
Tánaiste Simon Coveney has told the Dáil that the imposition of any tariffs on agricultural products between the UK and Ireland would be very damaging and the Government would prepare a detailed response to such actions.
One in eight traders have lost business – while a quarter of small firms consider moving operations out of Britain, Dispatches reports.
The inclusion of cuts in the UK’s announcement of No-Deal Tariffs sent headline writers scrabbling up idiot mountain, each racing to beat the next and plant a flag at peak idiocy by claiming prices were going to plummet or skyrocket.
No deal would trigger shortages and tariffs on some fresh items, says chairman.
Thailand and the European Union (EU) have signed a new tariff rate quota deal, under which a predetermined number of the kingdom's goods can be exported to the bloc at pre-Brexit tax rates.
We examine the impact of the Brexit plans under discussion between the EU and UK.
Two weeks into Brexit, problems are mounting and recriminations are flying in all directions. The reality of Brexit is proving every bit as toxic as the four-and-a-half-year slog that got us to this point.
But the UK’s departure means far-reaching changes for the Irish economy. We are already seeing signs of how things may shake out and the really fundamental changes it means for many businesses, for consumers and for trade.
Developments in sugar exports of African, Caribbean and Pacific countries. / The United Kingdom (UK), the main European importer of sugar from ACP countries, decided to leave the EU in March 2019. How will Brexit affect the ACP countries, given the already ongoing changes in the EU sugar market?
ALMOST four decades on from the end of the Falklands War, another serious threat is troubling its 3,400 population. It seems that the British archipelago in the South Atlantic was a missing link in the Brexit negotiations. The Falklands fisheries sector, which accounts for the major part of their revenue, has been hit with crippling EU tariffs.
In four months’ time, an avalanche of checks, paperwork and tariffs looks certain to hit Northern Ireland.
This article is going to try and explain lots of different things which all form part of the ‘what’s going on right now’ picture.
"...rules of origin are how customs authorities classify where an exported product has originated. The rate of duty that importers are required to pay when bringing goods into a country depends on three elements – the type of goods (which is classified by a ‘tariff code’), the country the goods are being imported into, and where they are judged to have ‘originated’ from – i.e. the origin."
Richard Barfield explains the deluge of restrictions and regulations that have been saddled on firms after the UK’s departure from the EU
'For at the same time as attempting to relegate Brexit to distant memory, the government is also claiming all kinds of benefits from “having left the EU”.'
The Sun has admitted it got the calculations wrong over an article which calculated the potential savings British shoppers could see once European Union tariffs are removed after Brexit.
Despite calls to 'take back control' the economic reality is that tariffs will be determined by the 'bound rates' that the UK already has in place under the WTO and, ultimately, no tariff regime will make up for loss of access to the EU market
Although his plans for citizens' juries to sort out Brexit are interesting, we’ve got our issues with Rory Stewart. But take a listen to him trying to talks sense into a typical “WTO, let’s go“ hard Brexiter on the BBC’s World At One, and your estimation of him will rocket.
A few days back, Tim Martin appeared on Question time. A 1-min clip of his performance has gone viral on Twitter. So error-packed was that one minute, that we should take the time to dissect it to bits...
But a “no deal” scenario for Brexit could mean the price of instant coffee that has been imported from the EU goes up in shops.
As our prime minister and the no-deal zealots of his cabinet revel in Brexit brinkmanship it is worth recalling the legal realities of what threatens to be our post Halloween world.
The boss of Toyota's European business has warned that a no-deal Brexit could make its UK plants uncompetitive.
The carmaker’s chief executive said that future spending was dependent on post-Brexit trading conditions.
This issue of Commonwealth Trade Hot Topics analyses ‘Brexit’ – the UK’s departure from the European Union (EU) – and shows that the effects for some Commonwealth countries may be severe unless specific actions are taken to avoid this.
The EU Goods Sub-Committee publishes its report on what the EU-UK Trade and Cooperation Agreement (TCA) means for trade in goods.
But cabinet colleague Greg Clark said government must "defend" industries from foreign competition.
Jonathan Portes assesses the extent to which predictions about trade and migration before the Brexit vote have materialised, highlighting that trade has been reduced by additional barriers but the extent to which liberalisation would increase migration flows in the short term was underestimated.
So far, in the first two months of Brexit, the following industries have indicated that they have been harmed: Aerospace; Airlines; Architecture; Art and Antiques; Beer; Bees; Cattle and horse breeding; Charities; Cheese; Chemicals; Cars; Classic Cars; Construction; Cosmetics and Perfume; e-Commerce; Fabrics; Fashion; Ferry services; Film and TV production; Financial Services; ...
Wyn Evans’ family has owned a plot in western Wales for generations, a bucolic expanse where 370 sheep and 80 cows feast on the verdant grasses of undulating hillsides.
The United States will delay its deal to remove tariffs on UK steel and aluminum because of concerns about post-Brexit trade rules affecting Northern Ireland, the Financial Times reported on Wednesday.
Britain’s car industry body called on Prime Minister Boris Johnson to secure a tariff-free trade deal with the European Union which avoids barriers for businesses as production slumped in November.
Expert warns of ‘existential crisis for UK car industry. / Government insists EV problems ‘can be resolved within’ Brexit deal. / From next year, 45 per cent of an EV’s value should originate in the UK or EU to qualify for tariff-free trade.
Even if there is no second wave of coronavirus to shut down factories once again, British car production in 2020 will only recover to about a half of last year’s figure, says industry body.
Britain’s car industry warned the next prime minister on Tuesday against a “seismic” no-deal Brexit in October, which it said could add billions of pounds in tariffs and cause border disruption, crippling the sector.
With investment down 80% in past three years, industry faces ‘death by a thousand cuts’.
The number of cars built in the UK over the past six months has slumped to the lowest since 1954, according to the industry's trade body.
Even if Brexit deal is reached, decision means vehicles without enough British components will attract tariffs.
Trade body says delayed shipments of parts and WTO tariffs ‘would deliver a knockout blow to the sector’s competitiveness’.
Move aimed at smoothing relations as president-elect Joe Biden prepares to take office.
15 EU trade agreements with third countries, including Canada and Turkey, still not rolled over by Britain with just 50 days until UK leaves post-Brexit transition.
Analysis comes as government expected to outline plans to mitigate price shock next week.
Non-alignment with EU will mean ‘extra processes’ and not frictionless trade.
Negotiations between the UK and Canada on a post-Brexit trade deal have broken down after nearly two years, following a row over beef and cheese. / Canada has been pushing for the UK to relax a ban on hormone-treated beef, which its producers say in effect shuts them out of the British market.
'Yet a no deal outcome would still have profound implications for the uK. as we analyse in what follows, from trade to connectivity to foreign policy to cooperation in policing, a failure to strike an agreement with the eu will impact on us in numerous ways.'
Carolyn Fairbairn of CBI says her ‘really big disappointment’ was the lack of help for British services in the potential deal
Companies in freeports in Britain will not get to enjoy the full benefits of the new tax-efficient zones if they are exporting to certain countries including Canada, Norway, Switzerland and Singapore, the Financial Times reported on Sunday, citing government officials.
The United Kingdom is planning to cut tariffs on U.S. agricultural imports to advance progress on a free trade agreement, the Financial Times reported on Thursday.
Rishi Sunak’s government is lobbying the EU to delay a change in manufacturing rules in the Brexit trade deal after the owner of Vauxhall warned it could shut its UK factories.
UK steel companies have been operating at a significant disadvantage compared to their European rivals since the beginning of 2022.
Minister for Agriculture Michael Creed has said the UK's tariff proposals in the event of a no-deal Brexit are a "potential disaster".
UK tariffs on exports from Ghana were effected today due to Brexit. While both countries try to work out a trade deal, George Kporye, Corporate affairs manager of banana exporting firm, Golden Exotics tells me how the business is being affected.
Tariffs will be cut to zero on 87% of imports to the UK as part of a temporary no-deal plan but prices of some imports including meat, shoes, underpants and cars will go up.
The UK’s access to the single market will be weakened if it does not continue to sign up to EU rules after Brexit, Ursula von der Leyen has said.
Michel Barnier also accused Boris Johnson’s government of rowing back on commitments made in writing by Britain at the point before exit.
Ministers accused of pressure on developing nations to 'sign up blind’ – without knowing if rollover deals will prove to be second-rate.
EU Commissioner Phil Hogan has said the UK's no-deal tariff plans - proposals that would see no import duties levied on goods entering Northern Ireland across the border - are likely to breach World Trade Organization rules.
The future of the recently signed trade agreement between the UK and Kenya seems increasingly uncertain as MPs and a group of farmers in Nairobi are threatening to shoot down the pact.
The UK's trade deal with New Zealand has been heavily criticised by Stormont's agriculture minister.
The Biden administration said the move is part of a push to 'rebuild our relationships with our allies and partners around the world' after Trump's exit.
Which? raises alarm after Boris Johnson dumped promised ban on chlorinated chicken and hormone-fed beef, to strike quickfire agreement with Donald Trump
The price of importing flowers into the UK is estimated to cost an additional £100 million due to new customs rules and tariffs brought on by Brexit.
Stellantis, which also owns Citroen, Peugeot and Fiat and employs more than 5,000 people in the UK, says its UK investments were in the balance due to terms of Brexit trade deal.
Everyone is fishing in the same pond. Stocks built up in readiness for Brexit are having to be replenished. If another pandemic strikes, we’ll hardly be in the best position to get through it.
Theresa May's Brexit deal has been defeated by MPs and the UK is creeping closer to leaving the EU without a deal. But how does a no-deal Brexit actually affect you?
Brexiteers have been advocating this route, believing it represents the purest Brexit and would be best for Britain. But what are the WTO terms and are Brexiteers right to promise a better future for the UK under these rules? How will WTO rules affect the UK in the event of a no-deal Brexit?
With negotiations between the UK and the European Union (EU) - over a trade agreement - going down to the wire, the possibility of there being no deal is being talked about.
This means the UK would immediately leave the European Union (EU) with no agreement about the "divorce" process.
It may be time for the UK to consider the possibility the German car industry might not be riding to the rescue.
Industry body says tariffs put jobs at risk but shares in European drinks makers rise.
We could end up with tonnes of fish that Brits don't even like and no way of selling them to the EU before they rot.
Most of the fishing that takes place close to the west coast of Scotland is for shellfish, and most of the catch is exported to Europe.
Leaving the EU single market and customs union will bring new friction and red tape for food importers
Leaving the European Union would cost British consumers 9 billion pounds ($13.2 billion) in annual additional import tariffs, World Trade Organization chief Roberto Azevedo said in an interview published by the Financial Times on Wednesday.
Environment secretary admits other nations could have a case against no-deal Brexit proposal.
Collapsed trade talks, new border checks, 14-hour queues at the border and medicine shortages... it's just another day in Brexit land.
Ivan Rogers says plan by ‘dishonest’ government to override Northern Ireland protocol may cause trade war.
Rachel Donald looks at how the Trade Minister’s justification for a zero-tariff trade deal with Malaysia only accelerates global deforestation.
International delivery firm ParcelHero says August’s £800m fall in EU trade adds to the UK’s economic woes.
Plus: the director general contradicts claims that “Gatt 24” would kick in to help. / “If there is no agreement, then Article XXIV would not apply, and the standard WTO terms would,” said Azevêdo.

types

◈ facts ×3
◈ film ×1
◈ myth ×6
◈ news ×394
◈ report ×11
◈ text ×1
◈ tweet ×18
◈ video ×51
◈ wiki ×1

related tags

◈ no deal ×131
◈ exports ×113
◈ trade ×100
◈ NI ×77