Commenting on the publication of the UK Global Tariff that will apply to imported goods from 1 January 2021, BCC director general Adam Marshall said:

“The publication of the UK Global Tariff provides welcome clarity for businesses as they prepare for life outside of the EU.

“While the new tariff regime will provide the government with some leverage in future trade talks, it also demonstrates the importance of reaching a UK-EU agreement to avoid substantial increases in costs for businesses on both sides of the Channel.

“With any tariff changes, there are both winners and losers. Support will be required for the industries, places and people affected by tariff changes at what is already a difficult time.”