gone up the hill
Member
- Location
- Devon
The announcement on tariffs this morning in the event of a No Deal which we no know will not happen (perhaps) by the smallest majority.
However these tariffs need to be considered as a likely outcome in the event of a negotiation when we leave the EU.
For sheep it is effectively a good plan as it is in reality the status quo as there are already quotas for NZ and Australia. What is far more worrying are the proposals on beef.
While the quota appears to be reduced in quantity the tariff rate has effectively been halved on a first come first served basis. This could have the effect of sucking in low priced beef from both the EU and South America. Luckily the way it reads is that cuts and whole carcase will be at the same rate and part of the quota. However it indicates that there will be pressure on beef prices as we are the highest price in the EU!
I think they have put high tariffs on beef as a shot across the bows ( so too speak ) of Ireland, the Irish beef industry will be finished if their beef is at 53/60%, especially given that the Irish government are making life as difficult as possible for the Irish beef industry to export live cattle to the middle East etc ( plenty of boats taking 12000 head a time went last year ) if that market isn't there in the next 12 months and they cant export beef to the UK then they have a serious problem.