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1139716
registered interest false more like this
date less than 2019-07-17more like thismore than 2019-07-17
answering body
Department for International Trade more like this
answering dept id 202 more like this
answering dept short name International Trade more like this
answering dept sort name International Trade more like this
hansard heading Import Duties more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for International Trade, what estimate he has made of average price reduction on non-EU goods into the UK from setting a new UK tariff schedule on exit from the EU. more like this
tabling member constituency Wokingham remove filter
tabling member printed
John Redwood more like this
uin 278326 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-22more like thismore than 2019-07-22
answer text <p>If the UK leaves the EU without a deal, the UK will implement the temporary tariff which will apply to all trade from partners not subject to alternative trade arrangements. This policy seeks to balance the impact on consumers from price rises and on producers from exposure to global competition. Under the temporary tariff, over 90% of imports by value currently entering the UK from outside the EU will be liberalised, rising from over 50%.</p><p> </p><p>In addition to tariffs, prices for imported goods depend on various factors, including exchange rate fluctuations, shipping costs and on various non-tariff barriers. Given the range of issues affecting prices, the Government does not attempt to estimate goods prices.</p><p> </p> more like this
answering member constituency Meon Valley more like this
answering member printed George Hollingbery more like this
question first answered
less than 2019-07-22T11:03:31.163Zmore like thismore than 2019-07-22T11:03:31.163Z
answering member
4016
label Biography information for Sir George Hollingbery more like this
tabling member
14
label Biography information for Sir John Redwood more like this