“But the direction of travel for prices looks clear, as demonstrated by Britain’s favourite cheese: cheddar. In 2016 the UK bought almost 93,000 tonnes of cheddar from Ireland tariff-free, but without a trade deal that cheese mountain would attract an import duty of €1671 (£1451) per tonne. That adds up to a bill of €155m (£134.6m) according to a Dairy Industry Ireland (DI) study.
DI director Conor Mulvihill said that with the current market price of cheddar at around €3000 per tonne, the imposition of tariffs would equate to a near 56% increase in sourcing costs for British food companies buying cheese from Ireland. “There will be a cheddar shortage unless retailers are willing to pay 50% more,” suggests Mulvihill. “Prices for consumers will inevitably rise.”
UK food imports from EU face 'GBP9bn tariff bill' under no-deal Brexit | Politics | The Guardian
Oh ffs, let them eat Mozarella!
DI director Conor Mulvihill said that with the current market price of cheddar at around €3000 per tonne, the imposition of tariffs would equate to a near 56% increase in sourcing costs for British food companies buying cheese from Ireland. “There will be a cheddar shortage unless retailers are willing to pay 50% more,” suggests Mulvihill. “Prices for consumers will inevitably rise.”
UK food imports from EU face 'GBP9bn tariff bill' under no-deal Brexit | Politics | The Guardian
Oh ffs, let them eat Mozarella!
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