Brexit plans in ‘complete disarray’ as EU import checks delayed, say businesses
The Guardian » International trade
by Jack Simpson
6d ago
Trade bodies say ongoing confusion about when checks will come in is ‘incredibly challenging’ UK to delay start of health and safety checks on EU imports Businesses have described Britain’s Brexit border plans as being in “complete disarray” after it emerged the introduction of some checks on EU imports will be delayed. Post-Brexit border rules, due to come into force on 30 April, will require many meat, dairy and plant products from the EU to be physically checked at government border control posts (BCPs ..read more
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New Brexit checks to cost UK business £2bn and fuel inflation, report finds
The Guardian » International trade
by Jack Simpson and Phillip Inman
2w ago
Additional measures from 30 April for imported animal and plant products could hike costs by 10% in first year, says Allianz Trade New post-Brexit UK border controls coming into force later this month will cost British businesses £2bn and fuel higher inflation, according to a report warning that UK-EU trade will be damaged as a result. With less than a month before the introduction of new checks on animal and plant products from 30 April, the insurer Allianz Trade said the controls agreed under Boris Johnson’s Brexit deal could add 10% to import costs over the first year ..read more
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Brexit import charges may mean rise in food prices, say trade groups
The Guardian » International trade
by Jane Croft
3w ago
Fees of up to £145 on EU animal and plant products through Dover and Folkestone begin on 30 April Business live – latest updates Trade groups have warned that consumers could see a rise in food prices after the UK government announced the introduction of post-Brexit charges on imports of EU food and plant products later this month. The government has published details of fees – known as the common user charge – which will apply to small imports of animal products and plants, such as sausages, cheese and yoghurt, entering the UK from the EU through the port of Dover and through Eurotunnel at ..read more
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Jump in domestic orders ends two-year UK manufacturing dip
The Guardian » International trade
by Phillip Inman
3w ago
Output improves to 20-month high and job losses slow but global problems continue to restrict foreign orders A jump in domestic orders helped pull UK factories out of almost two years of contraction last month, according to a leading business survey. Output from the manufacturing sector improved to a 20-month high in March, marking the end of a period of shrinking activity that started in July 2022 ..read more
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China scraps tariffs on Australian wine
The Guardian » International trade
by Josh Butler
1M ago
Prime minister Anthony Albanese says China’s duties on Australian bottled wine will come to an end from Friday Get our morning and afternoon news emails, free app or daily news podcast China has dropped tariffs on Australian wine, a long-awaited decision heralded by the Albanese government as validation of its “calm and consistent approach” with the superpower on a series of controversial trade disputes. In a statement on Thursday the prime minister, Anthony Albanese, foreign minister, Penny Wong, and trade minister, Don Farrell, said they had been informed that from Friday, China’s duties o ..read more
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Talk of a soft landing for the global economy are premature – many dark scenarios are lurking | Larry Elliott
The Guardian » International trade
by Larry Elliott
1M ago
Big obstacles to rising living standards remain, from populism to protectionism, military conflict to the climate crisis, and China to Wall Street Central bankers are feeling smug. The fears of 12 to 18 months ago that the global economy was likely to crash as a result of rising interest rates have proved unfounded. Inflation has subsided without the expected sharp increase in unemployment. Although it hasn’t been reflected in Joe Biden’s opinion poll ratings, the US’s performance has been especially impressive, with growth remaining strong and not even the hint of recession. Other parts of th ..read more
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The Guardian view on supply chains: not only just in time, but just in case | Editorial
The Guardian » International trade
by Editorial
1M ago
Countries are placing a higher priority on resilience and security in the wake of the pandemic and as tensions grow In 2012, shortly before becoming China’s top leader, Xi Jinping visited the Port of Los Angeles to discuss boosting trade. What then looked like a locus of cooperation has now become another site for suspicion as Sino-American relations remain tense. Last month, the Biden administration announced $20bn of funding for port infrastructure, much of it to replace cargo cranes that have almost all been made by a state-owned Chinese firm. The US is concerned because the sophisticated p ..read more
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Not a sausage: how latest post-Brexit checks have hit UK delis
The Guardian » International trade
by Jack Simpson
1M ago
One company selling German products has not had a single delivery of wurst since January German Deli in east London is known for its wide variety of traditional sausages, but the post-Brexit border changes brought in last month means stocks are running worryingly low. Offering 22 types of fresh sausage, from the classic Bavarian leberwurst to the Oktoberfest currywurst, the online retailer has become popular with expats and lovers of German cuisine since it launched in 2004 ..read more
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More than half of UK exporters affected by Houthi disruption, survey shows
The Guardian » International trade
by Sarah Butler
2M ago
Costs are escalating amid delays, according to British Chambers of Commerce research that shows UK retailers have also been hit More than half of UK retailers and exporters have been affected by the disruption to Red Sea trade from Houthi rebel attacks on cargo ships, research by a leading business lobby group suggests. The price of shipping a container from Asia to Europe has gone up by as much as 300% for some businesses, while logistical delays have added up to three to four weeks to delivery times, according to the survey by the British Chambers of Commerce (BCC ..read more
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Dover Port health body fears gangs of meat smugglers looking to bypass new post-Brexit checks
The Guardian » International trade
by Jack Simpson
2M ago
Authority weighs up legal action against government over new checks on imported meat taking place 22 miles inland The Port of Dover could become a target for criminals smuggling illegal and diseased meat into the country under new post-Brexit plans that will involve lorries from the continent being checked 22 miles inland, the port’s health authority has warned. The Dover Port Health Authority (DPHA) is now considering legal action against the government over its decision to end physical checks of imported meat at a post within the port. Instead, lorries will be directed to a new checking faci ..read more
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