Britain said it would eliminate import tariffs on a wide range of goods and keep...
LONDON - Britain said it would eliminate import tariffs on a wide range of goods and keep the border between Ireland and Northern Ireland free of customs checks if it leaves the European Union without a transition deal.
That prospect is alarming many employers as the March 29 departure date looms large. The government’s no-deal tariff plan, which would last for up to 12 months, would seek to keep prices down for consumers while also minimizing job losses among manufacturers in the world’s fifth-biggest economy. Aluminum, steel, machinery, arms and ammunition, footwear, paper and wood products would be exempt from tariffs.
However, the price of cars and food imported from the EU could rise because the new plan would introduce tariffs.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Britain and Brexit in chaos: UK parliament rejects May's EU deal againLawmakers voted against May's amended Brexit deal by 391 to 242 as her last-minute talks with EU chiefs on Monday to assuage her critics' concerns ultimately proved fruitless. May might even try a third time to get parliamentary support in the hope that hardline eurosceptic lawmakers in her
Read more »
UK says would cut tariffs, no checks on Irish border in no-deal BrexitBritain said on Wednesday it would eliminate import tariffs on a wide range of goods and avoid a so-called hard border between Ireland and Northern Ireland in the event of a no-deal Brexit.
Read more »
UK says would cut tariffs, no checks on Irish border in no-deal BrexitBritain said on Wednesday it would eliminate import tariffs on a wide range of g...
Read more »
UK says would cut tariffs, no checks on Irish border in no-deal BrexitBritain said on Wednesday it would eliminate import tariffs on a wide range of g...
Read more »
UK to set up Brexit advisory groups to find alternative arrangements for Irish borderBritain said on Wednesday it was pushing forward with plans to find alternative ...
Read more »
Irish PM says time for UK to compromise on BrexitIt is time for Britain rather than the European Union to compromise to get a Bre...
Read more »
UK Brexit minister: no time to 'rerun old arguments' on Irish backstopBritain's Brexit minister Stephen Barclay said now was not the time to reru...
Read more »
UK Brexit minister says no Brexit is bigger risk than no dealBritain's Brexit minister Stephen Barclay said on Wednesday a failure to le...
Read more »
UK 'not impressed by Barnier's tweets' on Irish backstop: government sourceBritain was 'not impressed' by proposals from the European Union'...
Read more »
Irish dissidents claim letter bombs, but U.K. police keep 'open mind'Devices designed to cause fires were sent last week to Waterloo rail station, offices at Heathrow and London City Airports, and the University of Glasgow.
Read more »