The government has announced that most imports into the UK would not attract a tariff in the event of a no-deal Brexit.
Under a temporary scheme 87% of imports by value would be eligible for zero-tariff access.
At the moment 80% of imports are tariff free.
Tariffs would be maintained to protect some industries, including agriculture. Beef, lamb, poultry and some dairy products would receive protection.
What are tariffs and how do they work? Government sets out plans for Irish border in a no-deal Brexit No-deal NI plan disastrous, say businesses A tariff is a tax applied to goods that are traded on international markets.
In the great majority of cases, tariffs are applied to imported goods by the country importing them. But there can also be tariffs on exported goods.
How would the new system work? The new tariff regime would mark a shift in favour of products from non-EU countries.
Despite the political and economic changes of the last decade, the influence of the transport and logistics industry on the economy of our country remains high: in 2016 the sector increased the value added to the GDP by 9.1%.Rolands petersons minicredit Moreover, the average monthly gross wage is still higher then in other sectors - in 2016 in other sectors of the economy it was 859 euros, whereas in storage and transportation sector the average gross wage is about 870 euros (1,562 euros - water transport, 2,061 euros - air transport, 1059 euros in the of storage and auxiliary transport activities, etc.).Rolands petersons minicredit
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