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Those Brexit dividends in full

By Pineapple (Besus Fuffoon)17/10 20:45Sat Oct 17 20:45:54 2020

Views: 472

Great news. The following items which currently carry a tariff will no longer do so when imported from the EU.

copper alloy tubes (down from the EU tariff of 5.2%) and screws and bolts (down from 3.7%)
dishwashers (down from 2.7%)
freezers (down from 2.5%)
sanitary products and tampons (down from 6.3%)
paints (down from 6.5%)
Christmas trees (down from 2.5%)
thermostats (down from 2.1%), vacuum flasks (down from 6.7%), LED lamps (down from 3.7%) and bike inner tubes (down from 4%)

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Re: Those Brexit dividends in full

By NWS18/10 00:00Sun Oct 18 00:00:36 2020In response to Those Brexit dividends in fullTop of thread

Views: 292

I guess this is great news unless you are a UK producer of any of those products. Are non-EU countries making these things zero tariff for us to export to them?

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Re: Those Brexit dividends in full

By Pineapple (Besus Fuffoon)18/10 07:47Sun Oct 18 07:47:32 2020In response to Re: Those Brexit dividends in fullTop of thread

Views: 231

I doubt it. I’d imagine a tit for tat scenario.

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Re: Those Brexit dividends in full

By NWS18/10 09:42Sun Oct 18 09:42:48 2020In response to Re: Those Brexit dividends in fullTop of thread

Views: 194

If we give zero per cent and they don't give zero per cent that is not tit for tat

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Re: Those Brexit dividends in full

By MattA19/10 00:24Mon Oct 19 00:24:21 2020In response to Re: Those Brexit dividends in fullTop of thread

Views: 143

Tit for tat is an implausible suggestion.
Not least because it is illegal.

It does not comply with the MFN requirements.
Hence there is no WTO “tit for tat tariff schedule”.

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Re: Those Brexit dividends in full

By NWS19/10 00:38Mon Oct 19 00:38:14 2020In response to Re: Those Brexit dividends in fullTop of thread

Views: 138

Yes. It's in Article 1 of GATT.

I was interested to see how that developed

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Re: Those Brexit dividends in full

By MattA18/10 02:26Sun Oct 18 02:26:02 2020In response to Re: Those Brexit dividends in fullTop of thread

Views: 257

I would guess the availability of copper alloy tubes, imported tariff free, is a pretty decent bit of news for a large number of UK manufacturers. Not so sure about the balance of winners and losers for the other items mentioned.

Cheaper copper alloy availability will probably be very useful to the manufacturing industry though. Probably not worth billions of pounds in the burden of administration.

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Re: Those Brexit dividends in full

By MS17/10 20:52Sat Oct 17 20:52:31 2020In response to Those Brexit dividends in fullTop of thread

Views: 392

When imported from outside the EU I think you meant. Imports from the EU would already have been zero tariff.

Edited by MS at 20:53:25 on 17th October 2020

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Re: Those Brexit dividends in full

By Pineapple (Besus Fuffoon)17/10 21:42Sat Oct 17 21:42:02 2020In response to Re: Those Brexit dividends in fullTop of thread

Views: 323

Yes, you are right. Obviously half the point of the EU is zero tariffs within it.

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Previous thread: Gareth Bale by DesCartes18/10 18:40Sun Oct 18 18:40:36 2020view thread