No deal Brexit will bring 0% temporary tariffs on bicycle goods

Sergio Conner
March 14, 2019

They insist that such measures will be temporary and claim it is the only way to prevent a hard border on the island of Ireland - something Dublin has been trying to ensure with the EU's backing. This would not involve any infrastructure or checks at the border including in Northern Ireland.

Prime Minister Theresa May suffered a second, heavy parliamentary defeat on the withdrawal deal she struck with the bloc on Tuesday, leaving open the possibility of an abrupt, economically damaging Brexit without a transition arrangement.

But the plan would only be temporary and would exclude a selection of sensitive imports, including some agricultural products such as beef, lamb, pork and some dairy, as well as auto imports and some other products.

Cheddar will be protected under existing tariff rates, but other cheese products will face no tariffs, and tariffs on steel and aluminium imports will be dropped.

"Our priority is securing a deal with the European Union as this will avoid disruption to our global trading relationships".

Tariffs would be payable on goods imported from the European Union via Northern Ireland into the rest of the UK.

Britain will slash import tariffs in case of a no-deal Brexit and will not apply customs checks on the border with Ireland, the government said on Wednesday. The UK government has stated that it would closely monitor the effects of these tariffs on the UK economy.

Instead, normal compliance and intelligence methods will be used to detect any traders attempting to abuse the system.

No deal Brexit will bring 0% temporary tariffs on bicycle goods

It stated: "These are the only steps the United Kingdom government can unilaterally take to deliver on our absolute commitment to avoid a hard border in the event of no deal".

Small businesses trading across the border will be able to report Value-Added Tax online without any new processes at the border.

Ministers accepted that the new regime will cause "concerns" to Northern Irish businesses and farmers about the impact on their competitiveness.

Coveney said that the move could inflict €800m (£696m) in damage to Ireland's agriculture sector, since it would be forced to compete with goods from countries like Brazil.

Northern Ireland Secretary Karen Bradley said: "The Government has been clear that a deal with the European Union is the best outcome for Northern Ireland".

"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", Trade Policy Minister George Hollingbery said.

"The measures announced today recognise the unique circumstances of Northern Ireland".

The decision to refrain from checks at the Irish border would be temporary while longer term solutions were negotiated.

Chiefs release veteran safety Eric Berry after nine seasons with the team
By releasing Berry, the Chiefs don't have to pay him an additional $7.25 million that would have become guaranteed by Friday. He was also given a huge extension with the Chiefs in 2017, but a torn Achilles shut that season quickly.

Conor McGregor went in for a handshake before smashing phone, fan says
Conor McGregor was arrested recently for walking off with a dude's cellphone after a fan was just trying to snap a picture. UFC star Conor McGregor is in another mess following a minor altercation with a United Kingdom resident in Miami .

Pi Day 2019: Where to find deals around metro Detroit
Fresh Brothers , which has locations throughout southern California, is offering personal pizzas for $3.14 on Pi Day . It's a day with deals on pizza, pastry and pot pies (not to be confused with " Pie Day ", which is held in January).

Other reports by

Discuss This Article