Leaving the EU: Economic Impact of Proposed Deal Debate

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Department: HM Treasury

Leaving the EU: Economic Impact of Proposed Deal

Michael Fallon Excerpts
Wednesday 20th February 2019

(5 years, 2 months ago)

Commons Chamber
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Michael Fallon Portrait Sir Michael Fallon (Sevenoaks) (Con)
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Will the Financial Secretary undertake to publish to the House, in good time for the meaningful vote, the decisions that he and his colleagues are currently taking on the tariffs that would apply in the event of no deal, including which industries would be protected, at what rate, and what the impact would be on prices?

Mel Stride Portrait Mel Stride
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Tariff policy in the event of no deal is clearly something that we are heavily engaged with. My right hon. Friend rightly identifies the aspects or elements of tariffs that relate to protecting domestic producers, and that of course will be a very important part of the considerations that we are undertaking at the moment. We will come to the House in due course with the details of those tariffs.