GM CHAMBER CALLS MEMBERS TO FEED INTO THE FIRST UK GLOBAL TARIFF CONSULTATION!!!!
The UK left the European Union on 31 January 2020.
For the first time in almost fifty years the UK is free to set its tariff rates on imported goods. To inform the development of the new UK Global Tariff, the Government has launched a four-week and is seeking your views. The consultation began on 6 February 2020 and closes on 5 March 2020 at 23:59 GMT.
This consultation seeks:
• views on a potential series of amendments to the EU’s Common External Tariff to create a bespoke UK tariff regime;
• specific feedback on individual products or commodity codes of importance to you (including the corresponding tariff rate); and
• information on your interactions with Most Favoured Nation tariffs and the importance of tariffs to sectors that are relevant to you.
The bespoke UK tariff regime will enter into force on 1 January 2021 and replace the EU’s Common External Tariff.
The Chamber will also be asking members throughout key relevant events to feedback, so ensure your views are fed so we can ensure Government is aware of these whilst negotiation new Trade Agreements.
This is pivotal time in our history, and your views will help shaping the future of our trade relationship with the world.