{"id":598701,"date":"2019-03-13T11:02:00","date_gmt":"2019-03-13T11:02:00","guid":{"rendered":"<br><div>\n<!-- \/1002554\/MJO_Announcement_250X340 -->\n<!-- <div id='div-gpt-ad-1550929497923-0' style='float:right;z-index: 996;height:340px; width:250px;'>\n\n<\/div> -->\n<!-- 22nd March (1month) -->\n<div style=\"float:right;z-index: 996;height:340px; width:2"},"modified":"2019-03-13T11:02:00","modified_gmt":"2019-03-13T11:02:00","slug":"brexit-most-imports-tariff-free-under-no-deal-plan","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/03\/13\/brexit-most-imports-tariff-free-under-no-deal-plan\/","title":{"rendered":"Brexit: Most imports tariff-free under no-deal plan"},"content":{"rendered":"<p><\/p>\n<div>\n<!-- \/1002554\/MJO_Announcement_250X340 --><br \/>\n<!-- \n\n<div id='div-gpt-ad-1550929497923-0' style='float:right;z-index: 996;height:340px; width:250px;'>\n\n<\/div>\n\n --><br \/>\n<!-- 22nd March (1month) --><\/p>\n<div style=\"float:right;z-index: 996;height:340px; width:250px;\">\n<img decoding=\"async\" src=\"https:\/\/cdn.ghanamma.com\/2019\/03\/glauc-new.jpg\" data-pagespeed-url-hash=\"1830378809\" onload=\"pagespeed.CriticalImages.checkImageForCriticality(this);\"\/>\n<\/div>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">The government has announced that most imports into the UK would not attract a tariff in the event of a no-deal Brexit.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">Under a temporary scheme 87% of imports by value would be eligible for zero-tariff access.<\/span><\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid-1 --><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">At the moment 80% of imports are tariff free.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">Tariffs would be maintained to protect some industries, including agriculture. Beef, lamb, poultry and some dairy products would receive protection.<\/span><\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid-2 --><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">The new tariff regime would mark a shift in favour of products from non-EU countries.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">It would mean 82% of imports from the EU would be tariff-free, down from 100% now, while 92% percent of imports from the rest of the world would pay no border duty, up from 56%.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><b><span style=\"font-family:Calibri,sans-serif\">No sea border<\/span><\/b><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">The government also announced that it will not introduce any new checks or controls, or require customs declarations for nearly all goods moving from across the border from Ireland to Northern Ireland in the event the UK leaves the EU without a deal.<\/span><\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid --><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">The decision to drop all checks to avoid friction at the UK&#8217;s land border with the EU will be temporary while longer term solutions are negotiated and was taken to recognise what the government described as &#8220;the unique social political and economic circumstances of Northern Ireland.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">The government said tariffs will be payable on goods moving from the EU into the rest of the UK via Northern Ireland.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">It insisted that this would create no border down the Irish sea because there would be no checks on goods moved between Northern Ireland and Britain.<\/span><\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid --><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Calibri,sans-serif\">&#8216;Avoiding price hikes&#8217;<\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">Trade Policy Minister George Hollingbery said: &#8220;Our priority is securing a deal with the EU as this will avoid disruption to our global trading relationships. However we must prepare for all eventualities.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">He said the government&#8217;s plan &#8220;represents a modest liberalisation of tariffs&#8221;.<\/span><\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid --><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">&#8220;This balanced approach will help to support British jobs and avoid potential price spikes that would hit the poorest households the hardest,&#8221; he said.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">But the plan has attracted criticism. &#8220;The abruptness of changes to tariff rates in the event of a no-deal exit from the EU would be an unwelcome shock to many of the businesses affected,&#8221; said Adam Marshall, director general of the British Chambers of Commerce.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">He conceded that the government had listened to businesses and protected some areas of industry from cheap imports, but said businesses have very little time to prepare if no deal is reached.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><b><span style=\"font-family:Calibri,sans-serif\">&#8216;Economic sledgehammer&#8217;<\/span><\/b><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">Under the plan, the UK car industry will receive some protection, with some imported cars attracting tariffs.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">But car parts from the EU would be tariff free, which will help car plants in the UK.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">Also, the ceramics industry would receive some protection from cheap imports.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">Carolyn Fairbairn, director general of business lobby group the CBI told the Today Programme that MPs should vote against the option for leaving the EU without an agreement, and that the date for leaving should be delayed.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">But she says that delay should be as short as is &#8220;realistically possible&#8221;.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">She described the changes as &#8220;the biggest change in terms of trade since mid 19th century&#8221;.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">&#8220;These are being imposed on this country with no consultation with business with no time to prepare. This is no way to run a country,&#8221; she said, warning that impact could be a &#8220;sledgehammer to our economy&#8221; as companies spend more on stockpiling.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in; text-align:start\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"color:#404040\">Trade minister Liam Fox will speak to business leaders at 15:00 GMT to discuss the tariffs, Reuters reported.<\/span><\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\">\u00a0<\/p>\n<p style=\"margin-left:0in; margin-right:0in\">\u00a0<\/p>\n<\/div>\n<p><script async>(function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(d.getElementById(id))return;js=d.createElement(s);js.id=id;js.src=\"http:\/\/connect.facebook.net\/en_GB\/sdk.js#xfbml=1&version=v2.10&appId=1559506714349564\";fjs.parentNode.insertBefore(js,fjs);}(document,'script','facebook-jssdk'));<\/script><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has announced that most imports into the UK would not attract a tariff in the event of a no-deal Brexit. Under a temporary scheme 87% of imports by value would be eligible for zero-tariff access. At the moment 80% of imports are tariff free. Tariffs would be maintained to protect some industries, including [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":598702,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-598701","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Brexit: Most imports tariff-free under no-deal plan - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/03\/13\/brexit-most-imports-tariff-free-under-no-deal-plan\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Brexit: Most imports tariff-free under no-deal plan - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"The government has announced that most imports into the UK would not attract a tariff in the event of a no-deal Brexit. 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