Free trade agreement

Chair calls on Government to outline true potential impact of no-deal Brexit tariffs

Retrieved on:

Tuesday, August 13, 2019

Letter published today highlights the gap in information provided to Parliament by Government

Key Points:

The Government needs to secure roll-over of EU free trade agreements so they apply to the UK after Brexit (for more information see background, below).
Each time it rolls over such an agreement, it reports this to Parliament with detailed information, including an assessment of the impact on UK trade.
It has not detailed the impact of the actual tariffs which it intends to implement under its temporary tariff regime in case of a no-deal Brexit (which was published in March).
The Government has stated that, in the case of a no-deal Brexit, 87% of all UK imports will be subject to zero tariffs.

Retrieved on:

Tuesday, August 13, 2019

Letter published today highlights the gap in information provided to Parliament by Government

Key Points:

The Government needs to secure roll-over of EU free trade agreements so they apply to the UK after Brexit (for more information see background, below).
Each time it rolls over such an agreement, it reports this to Parliament with detailed information, including an assessment of the impact on UK trade.
It has not detailed the impact of the actual tariffs which it intends to implement under its temporary tariff regime in case of a no-deal Brexit (which was published in March).
The Government has stated that, in the case of a no-deal Brexit, 87% of all UK imports will be subject to zero tariffs.