No deal Brexit tariffs a “mixed bag for fashion”
Fashionunited | March 18, 2019
The UK Fashion and Textile Association (UKFT) has stated that the ‘no deal’ Brexit tariffs announced by the UK government is “a mixed bag for fashion” and will impact exporters, as well as imports from Turkey, which is a major supplier to the UK fashion industry. The temporary tariff plan in the event of a ‘no deal’ Brexit includes around 80 fashion tariff lines that will attract import duties, however, all yarns and fabrics would come in duty free. With exports to the EU attract tariffs of between 6 and 12 percent.