To ask Her Majesty's Government what plans they have for tariffs in the event of a no-deal Brexit; and what assessment they have made of the impact of zero tariffs on (1) the UK’s industrial and agricultural sectors, and (2) the UK’s ability to negotiate a successful deal with the EU.
21 February 2019
The Government’s policy is to leave the EU with a deal.
Of course, any responsible Government plans for any eventuality and final decisions are now being taken on how to apply tariffs in the event of a no deal outcome.
The Government is clear these will need to balance between protecting consumers and downstream users from the possible price impacts of a no deal scenario and avoiding the exposure of industries to unfair competition.
Once a final decision is made on what is market sensitive information, we will communicate the decision to stakeholders and the public in an appropriate way.