#BrexitReality: Ordinary Food Prices Go Up from 2021 without a trade deal
Meat, cheese and oranges among items that will cost more if no trade deal reached
Who? The British Retail Consortium When? 10 July 2020 Document: New Report What happened? In its report, the BRC calls on the UK Government and the EU to negotiate a zero-tariff trade deal to avoid price increases for consumers.
Why does it matter? In May, the UK published its new tariff schedule, which will apply from 1st January 2021 if a deal is not agreed. Under the schedule, 85% of foods imported from the EU will face tariffs of more than 5%. This includes 48% on beef mince, 16% on cucumbers, and 57% on cheddar cheese. The average tariff on food imported from the EU would be over 20%. What can I do? Read the report and identify the impact of higher food prices on your business and life.
Expert to Contact
More Information
Download the BRC Report (Advanced Subscribers)
Access a 30 min talk with Brexit Advisor Corinne
Download Corinne's Need to Know Brexit Guide
PROFESSIONAL LEGISLATIVE MONITORING
The BASIC plan enables you to get to KNOW what changed.
The ADVANCED plan allows you to access details and ASSESS the impact on your business and take action.
The PRO plan enables you to EXECUTE QUICKLY and PLAN strategically.
About Customs Manager Our mission is to create the world's largest community of empowered Customs managers and Global Trade Professionals. We achieve this through professional legislative monitoring, ongoing training & education, and providing first-class support. In this way, we strengthen the overall customs & global trade (C>) profession by creating up-to-date, well-trained, and supported customs managers ready to grow global trade effectively, efficiently and compliantly. www.customsmanager.org
14 views0 comments