Wednesday, March 13, 2019

No Deal No Tariffs



   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
                                                    






No comments:

Post a Comment