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Trade policy update
19 May 2020
Type
Written Ministerial Statement
Department
Department for International Trade
At a Glance
Issue Summary
The statement announces the introduction of the UK Global Tariff (UKGT) to replace the EU’s Common External Tariff starting January 1, 2021.
Action Requested
The Government has developed and implemented a new tariff regime that is simpler, more accessible, and lower than the previous EU CET. It includes zero tariffs on almost double the number of products compared to the EU's system and retains protective tariffs for certain industries like agriculture and automotive.
Key Facts
- The UK Global Tariff (UKGT) will replace the EU’s Common External Tariff on January 1, 2021.
- The new tariff regime makes approximately 50% of products zero-tariff compared to 27% in the EU CET.
- The consultation for the UKGT received over 1,300 responses from individuals and businesses across the UK.
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