HomeThemesTypesDBAbout
tag: NTB ×87
non-tariff barrier (to trade)

items

'After the Brexit deal was signed, Boris Johnson infamously claimed that there would be "no non-tariff barriers" on trade with the EU. It wasn’t true.'
A leading dairy co-operative has warned that a no-deal Brexit would "wipe out" profitability in the dairy sector.
GKN is planning to shut an automotive factory in Birmingham with the loss of 500 jobs.
"While it is clear that ambitions have changed with respect to the past, AmCham EU calls on negotiators to seek an ambitious and comprehensive future partnership. We support a deal comprising zero tariffs, zero quotas, and zero barriers. Any deal should maintain regulatory alignment where possible ..."
Extra checks and requirements on goods crossing the border has increased food prices by 6% overall, says the Centre for Economic Performance.
Brexit added almost £6bn to UK food bills in the two years to the end of 2021, London School of Economics (LSE) researchers have discovered.
Brexit piled on an average of £210 extra to household food bills in two years, a fresh research paper has found.
'There are no benefits to our fishing communities even if everything goes to plan.'
Economist Duncan Weldon and the New Statesman’s polling expert explore how Brexit and austerity have damaged the UK economy and set the stage for Liz Truss’s “mismanagement.”
LSE researchers estimate that extra barriers on EU food imports have pushed up bills by £250 on average.
Inflation for what Britons consume would have been nearly a third lower had the UK stayed in the EU, study finds.
Research has revealed that during the two years leading up to the end of 2021, Brexit cost UK consumers a total of £5.8 billion in food bills.
In reality, Brexit has hobbled the UK economy, which remains the only member of the G7 — the group of advanced economies that also includes Canada, France, Germany, Italy, Japan and the United States — with an economy smaller than it was before the pandemic.
A week ago the UK fully left the EU. The moment we all campaigned against, warned about and feared the consequences of became reality – and it’s every bit as bad as forecast.
Leaving the single market will come as a huge blow to the services sector. Rather than acknowledging that fact, our ruling class have opted to press on.
LSE report says even sectors unscathed from coronavirus crisis will be severely impacted.
Because of rules of origin, even if the UK enters into a trade agreement with the EU, UK manufacturers embedded in pan-European supply chains are going to face new bureaucracy and costs, with long-run implications for their continued viability.
What will be the long-run economic effects of the United Kingdom’s decision to leave the European Union—informally known as Brexit? Compared with remaining in the European Union, there will inevitably be higher trade costs with the rest of Europe, which accounts for about half of all U.K. trade.
British companies trading with Europe will have to absorb a post-Brexit bureaucracy burden and fill in an extra 215m customs declarations at a cost of about £7bn a year, according to government officials.
Though Johnson promised ‘no non-tariff barriers’, firms say they are struggling under ‘compliance burden’ of customs and safety checks.
Leaving the European Union (EU) added an average of £210 to household food bills over the two years to the end of 2021, costing UK consumers a total of £5.8 billion, new research from the Centre for Economic Performance (CEP) at the London School of Economics finds.
There was spontaneous applause as Africa’s largest economy Nigeria signed up to a deal that experts say could provide far-reaching benefits, but only if it is implemented properly.
On March 21, 2018, in Kigali, Rwanda, Africa took the giant step of creating a large and integrated market by establishing the African Continental Free Trade Area (AfCFTA)
The NI dairy industry has warned of a "doomsday scenario" for processors and farmers if there is a no-deal Brexit.
The egg industry has raised concern over difficulties faced by those exporting 'seconds' to the EU following the end of the Brexit transition period.
The Economic and Social Research Institute estimates that Brexit has led to a 45% reduction in goods imports coming from the UK to Ireland.
Two in five firms that trade with the EU expect to see a fall in business compared to before the coronavirus crisis, a new study suggests.
French fishermen are threatening to block access to all UK seafood products, but processing companies are warning that blanket efforts against all UK raw material would be counter-productive.
Farmers’ Union of Wales (FUW) members from Montgomeryshire, as well as the British Meat Processors Association (BMPA), have met with local MP Craig Williams to discuss the impact Brexit is having on meat exports and highlighted the need to address non-tariff barriers that are causing major problems for exporters.
Even if the European Union and the United Kingdom conclude a highly ambitious partnership covering all areas agreed in the Political Declaration by the end of 2020, the United Kingdom’s withdrawal from the EU acquis, the internal market and the Customs Union, at the end of the transition period will inevitably create barriers to trade and cross-border exchanges that do not exist today.
Boris Johnson’s team isn’t going to let economic models get in the way of a political revolution.
When the Brexit transition period ended, new barriers for UK-EU trade were introduced.
A new study has explored how Brexit is contributing to rising food costs in the UK.
With it still possible the United Kingdom will leave the European Union without a deal, Mark Dayan looks at the impact that would have on NHS costs.
The United Kingdom (UK) withdrew from the European Union (EU) on January 31, 2020, and completed the transition period on December 31, 2020, officially leaving the EU and becoming a third country. This event, known as Brexit, has had significant implications for the UK’s economy, including the automotive industry.
One of the leading international experts on UK-EU trade has told an audience in Coventry and Warwickshire that smaller businesses are being hardest hit by a fall in trade following Brexit.
James O'Brien discusses recent reports suggesting food imports to the UK are at risk in confusion over post-Brexit checks and emphasises how this proves how 'stupid' the idea of Brexit really is. James highlights how people believed the words of a 'proven liar' in Boris Johnson and a 'proven idiot' in Jacob Rees-Mogg, who assured people that 'food would be cheaper.'
Just over a year since the UK left the single market and customs union, and despite the impact of the pandemic, which makes this kind of analysis all the trickier, we can begin to analyse the impact that Brexit has had on the UK economy. These impacts will vary significantly by sector and also by region. In this report, the authors investigate what they might be in the area of manufacturing.
The protocol could leave Northern Ireland's economy 2.6% smaller compared with a scenario in which the UK stayed in the EU, new analysis suggests.
No Deal could put more than 50% of UK farms out of business - New report launches 'Farmers for a People's Vote'.
A no-deal Brexit could cost the farming industry £850m a year in lost profits, new research seen by the BBC suggests.
Pascal Lamy, who was director general of the WTO, between 2005 and 2013, said there was a stark choice for the UK between 'minor' and 'great' trade relations with the country’s largest trading partner.
Non-Tariff Barriers (NTBs) are the main policy impediment to international trade, yet little is known about their pass-through to prices. This paper exploits the Brexit trade policy shock to quantify how NTBs affect consumer prices and welfare.
Non-Tariff Barriers (NTBs) are the main policy impediment to international trade, yet little is known about their pass-through to prices. This paper exploits the Brexit trade policy shock to quantify how NTBs affect consumer prices and welfare. The increase in NTBs raised prices by 6%, implying a pass-through of 50-80%.
While tariffs are widely eliminated in regional trade agreements, genuine market integration requires addressing non-tariff measures (NTMs)
The sole economic modelling exercise showing material benefits for the UK from Brexit has been debunked as “doubly misleading”, further demolishing the argument that for Britain “no deal would be better than a bad deal” when it comes to the EU.
Non-tariff measures (NTMs) could cause major fractures in post-exit trade relations between the United Kingdom (UK) and the European Union (EU), knocking up to US$32 billion, or 14 per cent, off of UK exports to the EU, according to a new UNCTAD study.
Video gives details around SADC areas of concern and potential improvements.
For Britain's small and medium-sized businesses, trading with European nations used to be easy. After Brexit, that's no longer the case with the emergence of obstacles that didn't exist before.
It was billed as the rebirth of British business — a chance to build a brighter commercial future, free of costly bureaucracy. But Brexit is proving far from profitable for many UK small and medium-sized enterprises (SMEs).
But the UK’s departure means far-reaching changes for the Irish economy. We are already seeing signs of how things may shake out and the really fundamental changes it means for many businesses, for consumers and for trade.
It has been almost two and a half years since the United Kingdom signed its post-Brexit trade deal with the European Union (EU), which was expected to have multifaceted impacts on the UK economy.
The EU Goods Sub-Committee publishes its report on what the EU-UK Trade and Cooperation Agreement (TCA) means for trade in goods.
'Yet a no deal outcome would still have profound implications for the uK. as we analyse in what follows, from trade to connectivity to foreign policy to cooperation in policing, a failure to strike an agreement with the eu will impact on us in numerous ways.'
Carolyn Fairbairn of CBI says her ‘really big disappointment’ was the lack of help for British services in the potential deal
A £5 billion EU continuity trade deal with Mexico, hailed by Whitehall as an “Aztec Brexit Boost”, has become obsolete – after the EU signed a more generous and comprehensive deal between its 27 members states and Mexico.
His manifest error in declaring there are "no non-tariff barriers" for trade with the EU had business leaders falling off their chairs.
With negotiations between the UK and the European Union (EU) - over a trade agreement - going down to the wire, the possibility of there being no deal is being talked about.
It may be time for the UK to consider the possibility the German car industry might not be riding to the rescue.
Inflation for what Britons consume would have been nearly a third lower had the UK stayed in the EU, study finds.

types

◈ film ×1
◈ news ×54
◈ tweet ×2
◈ video ×8

related tags

◈ trade ×39
◈ food ×18
◈ prices ×17