Brexit: relief rapidly gives way to fresh concerns
Industry faces customs burdens and duplicate compliance costs WHILE the UK Government has lauded its eleventh-hour agreement with the EU for a zero-tariff, zero-quota trade deal, businesses and industry groups have warned about a raft of issues that require further negotiation and clarification, and about new, costly administrative burdens that are impacting businesses and remapping supply chains. On 24 December, in the wake of news that the EU and UK had avoided a no-deal Brexit, there was a wave of relief that importers and exporters would avoid tariffs. Trade group Make UK said a no-deal o...
Source: thechemicalengineer.com