LONDON - With prospects for a post-Brexit trade deal with the EU looking precarious, Britain’s retail industry repeated a warning on Friday that shoppers faced higher food prices from next year if new tariffs were imposed in the absence of an agreement.
Britain’s Brexit transition period ends on Dec. 31. In the absence of a deal, Britain would trade with the European Union on World Trade Organisation terms, meaning new tariffs. “Currently, four-fifths of UK food imports come from the EU and without a tariff-free deal, supermarkets and their customers face over 3 billion pounds in tariffs from 2021,” said Andrew Opie, director of food and sustainability at the British Retail Consortium .It said many non-food retailers would also face large tariff bills for EU-sourced products, including clothes and ceramics.
The average tariff would be more than 20%, including 48% on beef mince, 16% on cucumbers and 10% on lettuce.
To bad the EU decided to mess with immigration policies of counties. When the EU attempts to rule all the counties in it union, there is no longer an EU.
They'll open a few walmarts and voila.
well deserved for the circus....
The UK is part of Commonwealth. Oddly enough various Commonwealth countries export food. Fear mongering is cruel particularly during a pandemic that is wreaking havoc. The Covid Pandemic has shown how unwise it is to source or sell to one or a few countries or a powerful group.
Might do some good to peoples health then.
When referendum took place ... I just thought like 🤔 so I'm going to eat a burger paying double the price after brexit 😅😅 it's happening already🤦♂️
Bwahahahajajaja. There is no bright side. I am so sorry Britain. Not that I am in any position to judge. wearefuckedallofus
As if prices haven't been steadily going up already. 2/10 fearmongering, did you even try?
Right before Christmas 😰😰😰
Orange sociopathic CON dude is gonna continue to ACT A FOOL ....because dude KNOWS ...Cyrus Vance Jr and Letitia James are waiting for him on Jan 20 2021. Dude is gonna do ANYTHING at this point to stay in office ..ANYTHING! Cyrus and Letitia ....GET him !
this is terrible news
🙃
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