The UK Government has introduced an update on the Temporary Tariff regime today (8th October) which will apply if we leave the EU without a deal.
Following feedback from industry and consumer groups, three main amendments have been made:
oHGVs
oBioethanol
oClothing
These are to:
lower tariffs on HGVs entering the UK market, striking a better balance between the needs of British producers and the SMEs that make up the UK haulage industry, ensuring that crucial fleet replacement programmes that help to lower carbon emissions can continue
adjust tariffs on bioethanol to retain support for UK producers, as the supply of this fuel is important to critical national infrastructure
apply tariffs to additional clothing products to ensure the preferential access to the UK market currently available to developing countries (compared to other countries) is maintained
For further information on these latest amendments, please click here
