Analysts at Rabobank explain that with just sixteen days to go before Brexit is scheduled to start the UK has this morning outlined temporary tariffs that would apply in the event of a hard Brexit. Key Quotes “Some agricultural goods including beef, lamb, pork and poultry and finished cars will be subject to tariffs, though 87% of imports will be free of taxes. Press reports suggest the UK government does not intend to collect tariffs at the border with Ireland in the event of a hard Brexit.” “Another key event for the UK today will be the announcement by Chancellor Hammond of the Spring Statement. The recent strength of tax receipts has put UK public finances on a strong footing. This means that lower borrowing is likely to be announced today. That said, in reflection of the impact of political uncertainty, a downward revision to the 2019 UK growth forecast is widely expected.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Citibank: USD weakness coming? FX Street 4 years Analysts at Rabobank explain that with just sixteen days to go before Brexit is scheduled to start the UK has this morning outlined temporary tariffs that would apply in the event of a hard Brexit. Key Quotes "Some agricultural goods including beef, lamb, pork and poultry and finished cars will be subject to tariffs, though 87% of imports will be free of taxes. Press reports suggest the UK government does not intend to collect tariffs at the border with Ireland in the event of a hard Brexit." "Another key event for the UK today will be the announcement… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
