Shipping container chaos continues with import prices from the Far East surging

British businesses are facing thousands of pounds in extra costs and consumers the prospect of higher prices as a global shortage of containers continues to cause chaos. The average cost of shipping a 40-foot container from Asia to Northern Europe, including the UK, has skyrocketed from $1,752 last February to more than $8,000 at the … Read more

DOMINIC LAWSON: It’s sheer madness to import the coal essential for our steel industry

Political civil war has broken out in the Johnson family — and not for the first time. The Prime Minister’s father, 80-year-old Stanley, has denounced the Government’s decision not to block the construction of Woodhouse Colliery, Britain’s first new deep coal mine in over 30 years. Last week, Johnson Sr pronounced this to be ‘a … Read more

How to avoid new import fees and delivery charges buying from the EU

Like many in lockdown, Victoria Farrar decided to treat herself by splashing out on an online sale. The 34-year-old paid £250 for a dress from upmarket French firm Sundress on January 12.  But she was shocked by demands for an extra £99 in taxes when it was delivered a few days later. Brexit bills: Unexpected … Read more

People smuggler branded Audi used to import immigrants a ‘funeral car’, court hears

A people smuggler accused of killing 39 migrants who died in a lorry called another vehicle used to import illegal immigrants a ‘funeral car,’ a court heard today. Irish truck driver Eamonn Harrison, 23, and British-Romanian Gheorghe Nica, 43, are standing trial at the Old Bailey over the manslaughter of the Vietnamese immigrants who were … Read more

European cars will be £1,500 more expensive due to Brexit 10% import tariffs

New cars built in Europe are likely to become £1,500 more expensive on average for UK customers next year due to 10% post-Brexit import tariffs Department for International Trade today announced its post-Brexit tariff regime The UK is set to default to World Trade Organisation terms on 1 January 2021 This means European-built cars imported … Read more

UK waives duties so it can boost import of coronavirus testing kits

Britain will waive import taxes on coronavirus testing kits, ventilators and other vital medical supplies in a bid to boost the fight against the deadly disease amid widespread criticism of the government’s testing operation.  Chancellor Rishi Sunak announced this evening that NHS suppliers will no longer have to pay customs duty and import VAT on … Read more

New threat to ash trees as EU ‘idiots’ block import ban

New threat to ash trees as EU ‘idiots’ block import ban meaning those infected with fungal disease can be replanted in uncontaminated fields Owen Paterson condemned rule forcing ministers to halt import ban of ash trees Scientists are trying to breed a disease-resistant form amid fears over loss Before the 2012 ban, Britain imported ash … Read more

China pledges to import more US goods if Trump scraps new tariffs

China pledges to import more US goods if Trump scraps new tariffs as world’s two largest economies agree trade pact By Lucy White For The Daily Mail Published: 21:57 GMT, 15 January 2020 | Updated: 21:57 GMT, 15 January 2020 The US and China moved a step closer to resolving their 18-month trade war after … Read more

Trump’s new plan to import cheaper drugs from abroad already FAILED in Massachusetts

On Thursday, President Trump insinuated that he would throw his weight behind the Florida governor’s proposed plan to help keep drug prices lower by importing medications from other countries.  It might be good for prices, but with recent reports of fake foreign drugs and widespread contamination in blockbuster medications manufactured abroad, it’s not clear the … Read more