British exporters would face having tariffs worth £5bn imposed on their goods, Civitas said. But it said the government would raise £13bn from tariffs on imports which could fund an industrial strategy that would boost the manufacturing sector.
Please excuse my ignorance, but how do tariffs work? I assume there levied on goods coming into the country which the imports then recoup by putting up the price which the consumer pays.
I know we're living in a Post Truth world but how do a bunch of Tories think this is a good thing.
Please excuse my ignorance, but how do tariffs work? I assume there levied on goods coming into the country which the imports then recoup by putting up the price which the consumer pays.
https://www.theguardian.com/politics/2017/jan/09/brexit-may-single-market-scotland-fears
British exporters would face having tariffs worth £5bn imposed on their goods, Civitas said. But it said the government would raise £13bn from tariffs on imports which could fund an industrial strategy that would boost the manufacturing sector.
Please excuse my ignorance, but how do tariffs work? I assume there levied on goods coming into the country which the imports then recoup by putting up the price which the consumer pays.
I know we're living in a Post Truth world but how do a bunch of Tories think this is a good thing.