Thread: Brexit
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Old 19-06-2019, 13:17   #3554
1andrew1
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Re: Brexit
I see that Boris's daft GATT 24 claims have failed the Factchecker!
Quote:
Boris Johnson was challenged by Rory Stewart to detail what tariffs (taxes on imports) would be charged on agricultural goods crossing the border.
He said there would be "no tariffs or quotas" because "what we want to do is get a standstill in our current arrangements under GATT 24" until a free trade deal had been negotiated.
GATT 24 is an article of the General Agreement on Tariffs and Trade. Supporters of a no-deal Brexit say it would allow the UK to continue to trade with the EU without tariffs for up to 10 years, while the two sides were negotiating a permanent future trade agreement.
But you can't use it in this way - a trade agreement has to be agreed in principle before Article 24 can be used.
It also needs the two sides to agree - the UK can't just impose it on the EU. You can read more about it here.
https://www.bbc.co.uk/news/uk-48685344
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