Initial assessment of proposed no-deal tariff schedule now available

AHDB has this afternoon published its initial assessment of the potential impacts of today’s (13 March 2019) proposed no-deal import tariff schedule on its key sectors.

Tom Hind, AHDB Chief Strategy Officer, said: “Government has been faced with striking a balance of price stability, safeguarding sensitive products and ensuring our ability to negotiate new trade agreements is not compromised.

“The proposals take account of sensitive agricultural products, such as meat and some dairy products. But cereals, potatoes and most fresh produce imports will face no tariff barriers.

“Many EU imports to the UK would face tariffs for the first time under a no deal scenario. Our exports to the EU will still face the EU’s common external tariff in a no-deal scenario and this will impact trade flows and market dynamics. Sheep meat is the most extreme example, where approximately one third of UK production is exported and the overwhelming majority currently goes to the EU.

“Trade implications remain substantial. Businesses will be considering variables such as currency, non-tariff barriers, the perishable nature of many foodstuffs and the proliferation of just-in-time supply chains.”

The assessment, covering cereals, potatoes, beef, sheep meat, pork and dairy, can be found here: https://ahdb.org.uk/news/no-deal-tariff-announcement 

 

 

Get Our E-Newsletter - breaking news to your in-box twice a week
Will be used in accordance with our Privacy Policy
Share.

About The Author

John Swire - Deputy editor of Agronomist and Arable Farmer as well as responsibility for the Agronomist and Arable Farmer and Farm Business websites. After 17 years milking cows on the family farm John started writing about agriculture in 1998 and has since written for a variety of publications and has developed a wide circle of contacts within the industry. When not working John is a season ticket holder at Stoke City and also of late has become a fitness freak, listing cycling, swimming and walking as his exercises of choice.