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>
|
|