Tariffs to vanish from 87% of imports, excluding certain meat, dairy and other productsTariffs will be cut to zero on 87% of imports to the UK as part of a temporary no-deal plan but prices of some imports including meat, shoes, underpants and cars will go up.In an attempt to prevent a £9bn price shock to business and consumers while “supporting farmers and producers who have been protected through high EU tariffs”, the government on Wednesday set out its long-awaited pricing regime in the event that the UK crashes out of the EU on 29 March. Continue reading…

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