Britain would scrap 80-90 percent of tariffs on imported goods if it leaves the ...
LONDON - Britain would scrap 80-90 percent of tariffs on imported goods if it leaves the European Union without a deal but would keep them for sensitive sectors such as cars and some agricultural products, broadcaster Sky News reported on Tuesday.
Britain’s Department for International Trade said in response to the report that no final decision had been made on tariffs, but there had been discussion across government about the right level of tariffs following a no-deal Brexit. Without tariffs, some British factories and farms would struggle to compete with imports, and Britain would lose leverage to persuade other countries to reduce tariffs on goods they import from Britain.
“According to government sources the 10-20 percent of more sensitive items which will retain their protection includes cars, beef, lamb, dairy and some lines of textiles,” it said.
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