Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what assessment he has made of the economic effect on consumers of the UK removing all trade tariffs after the UK leaves the EU.
The UK will be able to decide its own tariff policy following withdrawal from the EU. We are examining a range of options for our future tariff regime and we will consider carefully the evidence available to us before making a final decision in the interests of UK businesses and consumers.
Any impacts on consumer prices will depend on factors not limited to tariffs, for example non-tariff barriers, exchange rate fluctuations, our future economic partnership with the EU and our relationship with partners around the rest of the world.