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3Novices:UK risks 22 percent tariff on EU food imports if no Brexit deal – retailers

UK risks 22 percent tariff on EU food imports if no Brexit deal - retailersBy David Milliken LONDON (Reuters) – British shoppers could face an average tariff of 22 percent on food from the European Union if Prime Minister Theresa May fails to reach a trade deal with Brussels before Britain leaves in two years time, retailers said on Thursday. Nearly 80 percent of British food imports come from EU member states and if no trade agreement is struck Britain and the EU would have to treat each other as WTO members.

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2 thoughts on “3Novices:UK risks 22 percent tariff on EU food imports if no Brexit deal – retailers

  1. Pingback: UK risks 22 percent tariff on EU food imports if no Brexit deal – retailers – European Biz WordPress Blog

  2. Pingback: UK risks 22 percent tariff on EU food imports if no Brexit deal – retailers | UK Business and Sports News

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