Quote:
Originally Posted by jonbxx
As an EU member, we were placed an equal 51st in the world in terms of tariffs using the weighted mean which takes into account what we actually import. The weighted mean was 1.79%
The proposed UK tariff schedule in front of the WTO is about 1.6% weighted mean which would put us 18th on this measure of protectionism.
There are plenty of less protectionist countries than the UK including some quite big players such as Canada, Australia, New Zealand, Singapore, Mexico and Chile
EDIT - source material - https://www.indexmundi.com/facts/ind...AR.ZS/rankings |
That's in terms of trade alone, I doubt those countries are as keen as us to sell of key infrastructure, industries and assests to the highest bidder.