Tariff evidence Tool Flashcards
What is the aim of your tool?
It’s to give us broader knowledge about agriculture products.
Eg comments that eggs are easily breakable so can’t be easily transported (so aren’t the best offensive)
This will help us when it’s the time of year when business suspensions occur and will also be useful when we’re signing new FTA’s/ reviewing current FTA’s
What’s an offensive?
offensives are the goods we want tariffs to be lowered on (export side)
What’s a defensive?
Products that a country is unwilling to remove tariffs on
How will the tool help in new FTA’s
When first setting up a FTA there originally will be a lot of tariffs on the products between the 2 trade partners.
Tool helps UK prioritise for what goods tariffs should be removed
Also helps make clear what imports we’re unwilling to remove tariffs on
How will the tool help when reviewing current FTA’s?
It will help give us more knowledge around products so we can better decide if we are content with the current level of tariff on imports/exports