Luxury Daily
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Legal

New UK global tariff for fashion from Jan. 1 if no deal with EU

June 12, 2020

Fashion and textile brands have to prepare for a global tariff regime starting Jan. 1 if the United Kingdom does not sign a free-trade deal with the European Union by the end of the transition period. Image credit: UKFT Fashion and textile brands have to prepare for a global tariff regime starting Jan. 1 if the United Kingdom does not sign a free-trade deal with the European Union by the end of the transition period. Image credit: UKFT

 

Prime Minister Boris Johnson’s government has announced a new approach to customs procedures starting Jan. 1 as the United Kingdom will not extend its transition period to untangle itself from the European Union.

To read the entire article, please subscribe or