date:Jan 30, 2019
heads are also extremely concerned about the impact of tariffs and the possibility of reverting to World Trade Organization (WTO) rules. They say that only around 10 percent of retailers food imports, a fraction of the products supermarkets sell, is currently subject to tariffs so if the UK were to revert to WTO Most Favoured Nation status, as currently envisaged in the no-deal scenario, it would greatly increase import costs. This could, in turn, put upward pressure on food prices.
The UK co