UK faces very difficult tariffs choices after no-deal Brexit, British minister says

UK faces very difficult tariffs choices after no-deal Brexit, British minister says
  • Clock-gray 14:34
  • calendar-gray 06 March 2019

Britain will face very difficult choices over trade tariffs if it leaves the European Union without a transition deal on March 29, Secretary of State for Business, Energy and Industrial Strategy Greg Clark said on Wednesday, ONAreports citing Reuters.

Broadcaster Sky News reported on Tuesday that Britain’s government was planning to slash tariffs on 80-90 percent of goods if it left with no deal, which would benefit consumers but damage the competitiveness of many British factories and farms.

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