Business leaders and trade unions have issued urgent warnings to government to stop gambling with the nation’s world-leading manufacturing sector and cease their plans for a wholesale reduction in import tariffs.
Zero tariffs makes the UK’s emerging trade remedies system ineffective from the outset – image courtesy of Depositphotos. Next week, politicians are expected to legislate on implementing zero tariffs on imported consumer goods in “as many areas of possible”. Such a move has the potential ruin the home market for UK-based…
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