UK Government Publishes Temporary Tariff Regime for No Deal Brexit

Posted by Matt Schmitt on 3/14/19 5:00 PM

On March 13, 2019, the Government of the United Kingdom (UK) published information on a temporary tariff regime in the event of a no-deal Brexit.

According to the press release, temporary tariffs would be in place for up to twelve months, and would allow 87% of total imports to the UK to be “eligible for tariff free access”.

The remaining 13% of goods would still be subject to tariffs, and include:

  • Beef, lamb, pork, poultry and some dairy;

  • Finished vehicles;

  • Items subject to dumping and state subsidies, such as certain ceramics, fertilizer and fuel;

  • Bananas, raw cane sugar, and certain kinds of fish to support access for developing countries.

The temporary tariff regime would not apply to trading partners where a free trade agreement is in place. In the event of a no-deal Brexit, the temporary rates will take effect on March 29, 2019.

 

The press release may be found here:

https://www.gov.uk/government/news/temporary-tariff-regime-for-no-deal-brexit-published

The detailed instructions on the temporary rates may be found here:

https://www.gov.uk/guidance/check-temporary-rates-of-customs-duty-on-imports-after-eu-exit

Topics: Brexit, UK, EU, Tariffs