Lack of trade defences for no-deal Brexit alarms MPs

02/08/2019

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Jim Pickard, Michael Pooler | Financial Times

MPs have expressed alarm that the UK will struggle to protect British industry from trade dumping and unfair subsidies if there is a no-deal Brexit, because a vital government agency is not yet ready and the corresponding legislation has not been passed.

Angus MacNeil, chair of the trade select committee, has written to Liam Fox, secretary of state for international trade, raising concerns that the UK’s new Trade Remedies Authority will not have full staffing in place or the necessary leadership when Brexit is due to take place on March 29.

The TRA will be responsible for investigating unfair trading practices after Brexit, a task currently carried out by the EU.

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