The UK government announced revisions to the temporary tariff schedule which will apply to imports in the event of a no-deal Brexit. Further import tariffs have been announced for some cheeses, although the rates have not increased.
UK butter and cheese exports to the US will face higher tariffs from 18 October, following the announcement that the US can apply up to $7.5 billion of retaliatory tariffs a year on products imported from the EU.
If the UK leaves the EU in a ‘no-deal’ scenario, it will no longer be able to enjoy the benefits of trade agreements the EU has with other countries. In this article, we look at the progress that has been made in rolling over these deals and what it means for agri-food trade.