Posted on 03/05/2019 11:49:34 AM PST by Berlin_Freeper
The Government will slash Britain's trade tariffs to more than at any point in history if the UK leaves the European Union without a deal, Sky News has learnt.
The Department for International Trade (DIT) intends to cut 80-90% of all tariffs imposed on goods imported into Britain, according to Whitehall sources.
The cuts, which will be outlined in documents published if the prime minister fails to get parliamentary backing for her EU withdrawal bill next week, represent a bombshell for many manufacturers and farmers in the UK.
Since tariffs are a charge on thousands of types of goods entering the country, they protect domestic producers from overseas competitors.
(Excerpt) Read more at news.sky.com ...
Borders without borders.
So is this telling the peasants that they better back off on Brexit or face losing all your jobs?
Punishing the people for daring to tell the government class what to do.
Yep. Another scare tactic from one of the worst PM’s in British history.
The once great British empire will likely be a EU Colony very soon.
That’s exactly what they are doing.
They need Trump to go over there and fire some people.
“The radical blueprint, which has been agreed by the Cabinet, is intended both to keep goods prices in the shops from increasing dramatically and to signal the UK will remain an open, liberal economy even after leaving the EU.”
Tax cuts!
This is a good idea that will benefit British consumers and British companies that import goods subject to the tariffs. Some Freepers don’t like taxes but like tariffs. Tariffs are taxes.
Wrong kind of tax cuts.
England did this before and it devastated their industries.
China will love this.
yeah but the peasants still vote. they will be even angrier if punished for sovereignty and will toss out remain deadenders and put the tarriffs back where warranted. this threat probably just cooked up in Brussels or Bonn.
“England did this before and it devastated their industries”
Yes. English trade died with the repeal of the Navigation Acts.
Of course, those same acts were what caused the Colonists to rebel.
Can go both ways.
Car giants Toyota and BMW have both warned a no-deal Brexit threatens the production of their cars in the UK.
https://www.bbc.com/news/business-47457219
This saves 100,000 German jobs.
bookmark
I believe they did it again in the mid/late 1800’s.
This excerpt really makes no sense.
Pretty much.
More agitprop from the left to generate fear.
Brexit and bad weather puts UK farmers at risk of suicide
https://www.theguardian.com/environment/2019/mar/03/brexit-and-bad-weather-puts-uk-farmers-at-risk-of-suicide-say-charities
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