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Wed Mar 6, 2019, 12:02 PM

UK lawmakers demand clarity on tariffs in case of no-deal Brexit

Source: Reuters

Business News
March 6, 2019 / 2:36 AM / Updated 9 minutes ago

David Milliken, Kylie MacLellan

LONDON (Reuters) - Britainís government should urgently unveil its plans for tariffs in the case of a no-deal Brexit, lawmakers said on Wednesday after media reports that levies could be slashed for up to 90 percent of imports.

Trade minister Liam Fox told lawmakers earlier in the day that senior ministers had reached a ďbasic agreementĒ on the extent to which it would impose reciprocal tariffs on European Union goods if it leaves the bloc without a deal on March 29.

Tariffs would push up costs for consumers, but without them some British farms and factories could struggle to compete.

However, with the details not finalised, Fox said there was no agreement on whether to tell parliament before it must decide on March 12 whether to accept an unpopular exit agreement negotiated with the EU by Prime Minister Theresa May.


Read more: https://www.reuters.com/article/us-britain-eu-tariffs/uk-lawmakers-demand-clarity-on-tariffs-in-case-of-no-deal-brexit-idUSKCN1QN0P0?il=0



After reading this article, I just kept thinking of what the "guy" in the white house is doing, basically the same "clusterfuck" thing he has in his bankrupt head, and that May and her supporters are going to do in the United Kingdom, it's like mirror imagine of plain stupidity.......................absolutely amazing

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Reply UK lawmakers demand clarity on tariffs in case of no-deal Brexit (Original post)
turbinetree Mar 2019 OP
Soph0571 Mar 2019 #1

Response to turbinetree (Original post)

Wed Mar 6, 2019, 01:30 PM

1. They can demand clarity as much as they want...HOWEVER

None of them have a scooby doo.... they donít know what it would look like...they are that incompetent. I used to think that at least we donít have Trump....but to be fair I donít think even he could be any worse than this, we are both run by the worst leaders and government in both our countries living memories....

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