Leaving the Eu: Preparations

Part of the debate – in the House of Commons at 5:14 pm on 3rd September 2019.

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Photo of Yvette Cooper Yvette Cooper Chair, Home Affairs Committee 5:14 pm, 3rd September 2019

I have been contacted by local manufacturers and food producers who are deeply worried about no-deal tariffs. One, an exporter, says that the price of his exports to the EU will go up by 30%, and he called it “manufacturing suicide.” Another is an importer; the price of his imports will go up by 50%. A third told me that they might have to close down altogether. Can the Secretary of State confirm that all his preparations about public information and committees will not mitigate the impact of those no-deal tariffs? What is the total cost to British industry of those no-deal tariffs?