Thursday, 5 July 2018

Theresa May plans tech-based customs to decide post-Brexit tariffs

British PM Theresa May, Theresa May

United Kingdom Prime Minister Theresa May has set out terms of a customs plan that would allow Britain the freedom to set its own tariffs on goods coming into the country after it leaves the European Union, the BBC reported on Thursday. Under the new "facilitated customs arrangement", Britain would use technology to determine beforehand whether goods entering the country would ultimately end up in the UK or the EU, and therefore which tariff should be paid, the broadcaster said. London and Brussels have yet to agree what sort of trading relationship they will have after Britain leaves the EU in March. May, under growing pressure to heal bitter rifts within her cabinet over Britain's future relationship with the EU, is due to meet her senior ministers on Friday.

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