Sheep on the road, Torr Head, Co. Antrim, Ireland© Design Pics Inc/REX/Shutterstock
Failure to achieve a free-trade deal with the European Union post Brexit will trigger a collapse in Northern Irish beef and sheep production, a new report has warned. Conducted by farm business consultancy Andersons, with support from Oxford Economics, the research considers two different trade scenarios: A “WTO equivalence model”, where the UK and EU impose reciprocal tariffs on each other’s imports based on the current external tariff levels (which vary from 40% to 100%) A unilateral “open-door” trade policy, whereby the […]
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