Exclusive: Secret No-Deal Brexit Plan To Slash Tariffs On All Imports

Ministers are secretly planning to unilaterally cut tariffs on all imports to zero in the event of a no-deal Brexit, in a move that could flood the market with cheap goods and “ruin” industry, HuffPost UK has learnt. Trade Secretary Liam Fox wants to use executive powers – reserved only for ministers – to make a last-minute change to the Trade Bill which would allow the government to dramatically slash tariffs on all foreign goods. It has been described by manufacturing union the GMB as “the ultimate Brexit betrayal”.