No-Deal Brexit: Schedule of Tariffs

Part of the debate – in the House of Commons at 4:33 pm on 7th October 2019.

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Photo of Chuka Umunna Chuka Umunna Liberal Democrat Spokesperson (International Development), Liberal Democrat Spokesperson (International Trade), Liberal Democrat Spokesperson (Foreign and Commonwealth Affairs) 4:33 pm, 7th October 2019

The Prime Minister talks about getting Brexit done by 31 October and indeed, the Minister has just referred to that, too, but is it not the reality that, if Brexit were to happen on that day, with or without a withdrawal agreement, no trade agreement, including a permanent tariff regime with our biggest customer, the EU, will be in place at the point of departure? Is it not the case that, to put in place a permanent trade agreement will take at least three years? If I am wrong about that, can he name one EU leader who is suggesting that we could get a permanent trade agreement in place quicker than that timeframe? Nothing is going to be done, really, by 31 October.