The UK's new no-deal Brexit tariff regime will impose a crippling 22% tariff on imported HGVs. Adds £15,000 to the cost of an average vehicle - an amount that the haulage industry says it will be incapable of absorbing.
cittimagazine.co.uk/22pc-hgv-tarif…
This isn't scaremongering. This isn't Project Fear. 22% is the tariff the UK Government has officially announced it will be levying. You can find it on the list of post-Brexit tariffs on the Government website.
gov.uk/government/pub…
To put it into context, there are between 40,000-50,000 new vehicles purchased a year that fit into the weight class affected by the new 22% tariff. (Not all them will have been imported from the EU, of course, but a lot will.)
motortransport.co.uk/wp-content/upl…
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