Government launches consultation on post-Brexit tariff regime
Trade expert Sam Lowe told City A.M. he welcomed the “sensible approach”.
“Focusing on inputs is sensible and nuisance tariffs (below 2.5 per cent) are just irritating,” he said. “The big question for me is how this interacts with the Northern Ireland protocol, where divergence from the EU’s most favoured nation tariff levels makes things slightly more complicated from the rest of the world.”