UK’s BusinessMin Clark: UK will set out tariff plan only if decides to leave EU with no deal

In an interview with BBC Radio, the UK Business Minister Greg Clark noted that the UK will face a difficult choice on tariffs if it leaves the European Union without a deal, Reuters reports.

Key Quotes:

Britain will set out its approach to tariffs on imported goods only if it has taken a decision to leave the European Union without a deal.

“This would only arise if we leave without a deal on March 29.”

“So in those circumstances the work is continuing on developing and finalising those tariff schedules but they will be published...once we knew that we were leaving without a deal on March 29.”