UK unveils new tariff regime in event of ’no-deal’ Brexit

UK unveils new tariff regime in event of ’no-deal’ Brexit

Britain said it would eliminate import tariffs on a wide range of goods and keep the border between Ireland and Northern Ireland free of customs checks if it leaves the EU without a deal. The government announced the temporary measures hoping to soften the immediate impact of a no-deal Brexit. The government’s no-deal tariff plan would last for up to 12 months.

Simone
Simone
Lord Baktor
Lord Baktor 1 year

Wait, did they just realize that leaving the EU would give them the power of making autonomous decisions seeking the benefit of their country? Here I was thinking UK economy would be doomed without the foot of the EU firmly olanted on their neck.

IIZard
IIZard 1 year

Woo, cheaper imports!

Sloth
Sloth 1 year

Theoretically they would just need to do that and open trade with France via the chunnel in the same way and they would still receive most of the trade benefits, no? Does the EU have any major export restrictions for individual countries?

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