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Re: Britain outside the EU
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Originally Posted by BenMcr
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But doesn't the following paragraph from the linked document mitigate fears?
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The agreement therefore includes mitigations which seek to limit the potential for increases in imports in the near-term. The agreement also supports affected producers to enhance productivity and competitiveness over the longer-term. For example, beef and lamb producers will be protected through measures including tariff rate quotas that last 10 years. These automatically apply the UK Global Tariff (UKGT) to imports above a certain volume threshold. From years 11 to 15 a product-specific safeguard will have a similar effect, imposing tariffs (of 20% for beef and sheepmeat) above a volume threshold. A general bilateral safeguard mechanism will provide further protections should industry face serious injury from increased imports as a direct consequence of the FTA. This applies to all products. There are also tariff rate quotas for a range of other products, such as UK imports of sugar, butter, cheese and long-grain milled rice.
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Seph.
My advice is at your risk.
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