Government confirms 10% tariff on HGV EU imports under no-deal Brexit

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The government has been forced to clarify the level of import tariffs to be placed on new trucks in the event of a no-deal Brexit after a document revealed it has been hiked from a promised 10% to 16%. An estimated 42% of new HGVs are articulated and will attract the 16% tariff. Last month industry leaders were told by government officials that a planned 22% tax on HGV imports was to be reduced to 10%, bringing it into line […]