UK Treasury has announced a new tariff regime in the event of a"no deal" Brexit.
This is designed "designed to minimise costs to business and consumers while protecting vulnerable industries."
https://www.gov.uk/government/news/temporary-tariff-regime-for-no-deal-brexit-published?utm_source=ff424005-3430-4a72-acf5-118e54d6683c&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate
Possibly this was done to scare Tory MPs into supporting Mays deal on the next vote but three.
It is a stroke of negotiating genius.
A minister is quoted
" If we leave without a deal, we will set the majority of our import tariffs to zero, whilst maintaining tariffs for the most sensitive industries......It represents a modest {Cyclops emphasis added-87%?} liberalisation of tariffs"
No doubt the Treasury and Downing Street are briefing furiously in order to get the credit for this wondrous new negotiating tactic.
The gist is :
- Tariffs removed from 87% of goods by value.
- Leaving 13%,including
- Pork,beef,lamb and dairy
- "Finished" vehicles but not parts from the EU
- Ceramics
- Fertiliser and fuel
At the same time
There will not be a customs land border on the Island of Ireland
I ask my Irish readers to get in touch asap.We see a business opportunity.
It may not last forever and you have the contacts for labour and equipment.
Perhaps our first convoy could consist of 50 new Renault Trucks made in Lyon
We could pack them with Italian ceramics,tiles,toilet basins ,bidets etc
With perhaps the beef,pork and lamb carcasses in 5 or six freezer trucks
and the bovine excreta [fertiliser]carried separately
I leave the selection of the port of entry into Ireland to you and then the 50 drivers up to Belfast for on shipping to Liverpool
We could transship the trucks with Bovine excreta directly to Downing street but we fear they may already have a surplus Our reading of the press release and soundings taken at Her Majesty's Custom indicate that there is no need to supply bandanas or eye patches as there will be no border checks.
Please ask the drivers NOT to fly flags or banners on the trucks, no matter how tempting that would be.
PS to UK trade negotiators This policy should really help in your future negotiations on bilateral trade deals
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