Government seeks businesses’ views on duty-suspension regime for imports boosting UK manufacturing
UK Government
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Friday, February 5, 2021
The UK Department for International Trade (DIT) wants to hear from the business community about how it should run its new application system for tariff suspensions on goods entering the UK. Tariff suspensions are used by governments to support domestic manufacturing by reducing production costs. An example of a product for which tariff suspensions could apply in the UK is sugar cane imports. When the UK was a member of the EU, the plant attracted duties worth €33.90 for every 100kg. The UK, having left the EU, can now set its own tariffs and quotas for the sugar cane – and it has. From the beginning of January, 260,000 tons of raw sugar cane can enter the UK in 2021 tariff-free. Imports after this will attract duties of £28 per 100kg, according to the DIT.
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