New 10 per cent import tax on European cars announced

UK unveils new post-Brexit tariff regime

FACTBOX-Britain retains tariffs on beef in new post-Brexit global tariff regime

International Trade Secretary Liz Truss said: "Our new Global Tariff will benefit United Kingdom consumers and households by cutting red tape and reducing the cost of thousands of everyday products".

The UK is aiming to have 80 percent of its external trade covered by free trade agreements by 2022.

The UK government sees tariffs on sectors such as the automotive industry as essential to "help support businesses in every region and nation in the UK to thrive", including manufacturing.

What products will be imported tariff-free to the UK?

The UKGT ensures that 60% of trade will come into the UK tariff free on WTO terms or through existing preferential access from January 2021, and successful FTA negotiations will increase this.

It's introducing a temporary zero rate on these products, including for personal protective equipment from non-EU countries.

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The new tariff is tailored to the needs of the British economy.

Conversely for the European Union side, it suggests that the British departure may have a "healing result", as both France and Germany will be able to pursue "more comprehensive" defense policies for the remaining member countries.

He was responding to a letter written by Mr Frost which was critical of the EU's approach to the negotiations.

Cabinet Office Minister Michael Gove told MPs that the government had chose to make Britain's draft legal texts public.

For many opponents of Britain's membership in the European Union, the chief argument in favour of Brexit was the EU's alleged determination to transform itself into a "superstate".

"Transparency is very important in negotiations", Barnier responded, pointing out that the EU Commission published its documents more than two months ago.

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Answering an urgent question from Labour on last week's discussions with the EU, Chancellor of the Duchy of Lancaster Mr Gove said there remained differences between the two sides - notably on fisheries and the so-called "level-playing field" rules.

The government promises to extend the temporary zero tariff rate for personal protective equipment, medical devices and other key items from non-EU countries to tackle the COVID-19 pandemic beyond January 1 should it be necessary, the department said.

Conservative Member of Parliament Owen Paterson, an arch-Brexiteer, called it a "tremendous letter".

Cabinet Office minister Gove, a key figure in the divisive Brexit campaign, said Brussels needed to move away from its "ideological fastness".

"What we need to see happening now is a real negotiation and no posturing, it's too late for this".

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