BREAKING NEWS: UK announces no-deal tariff plan
The government has announced that most imports into the UK would not attract a tariff in the event of a no-deal Brexit.
Under a temporary scheme 87% of imports by value would be eligible for zero-tariff access.
At the moment 80% of imports are tariff free.
Tariffs would be maintained to protect some industries, including agriculture. Beef, lamb, poultry and some dairy imports would be protected.