The the event of a no-deal Brexit, the U.K. government won't charge duties on 87 percent of imports in order to protect supply chains.
The move comes as the House of Commons vote on Theresa May's proposed Brexit deal for the second time. MPs will vote on a no-deal Brexit today.
According to Logistics Manager, tariffs will still apply to 13 percent of imports including: meat and some dairy products; finished vehicles; unfair global trading practices; bananas; raw cane sugar and certain kinds of fish. The temporary import tariffs will not apply to goods crossing from Ireland into Northern Ireland.
“The list of origin countries that will benefit from preferential access is also revealing in itself. With only 13 working days left until the UK’s scheduled departure from the EU, it is deeply concerning to get confirmation at this late stage that only a minority of EU trade agreements will have been rolled over," Pauline Bastidon, FTA head of global & European policy says. "This not only represents an additional cost for importers, but is bad news for exporters too as it will limit access to preferential trade deals too. MPs should bear that in mind when asked to consider a no deal exit later today”.