Since the UK voted to leave the EU, various preparations for Brexit have been gradually carried out, including the fact that the UK will participate in international trade as an independent country after Brexit. The British Department for International Trade is currently drafting British investment laws and British trade laws, and has established a Trade Remedies Authority (TradeRemediesAuthority) to handle international trade remedies.
The UK will officially leave the EU on March 29, 2019. If an agreement can be reached with the EU before this, the UK will enter the Brexit transition period, which will end at the end of December 2020. During the transition period, EU trade remedy rules will continue to apply in the UK. If the two parties cannot reach a Brexit agreement, the UK will independently run trade remedy procedures from March 29, 2019.
In order to extensively solicit opinions from all parties, from November 28, 2017 to March 30, 2018, the Ministry solicited opinions from all parties in the UK and related parties on the EU’s existing 114 anti-dumping and countervailing measures to determine whether to withdraw from the EU. Whether the relevant measures will continue to be adopted after Europe.
During this period, a total of 74 companies or institutions provided feedback to the ministry, of which 47 were from manufacturers and 27 were from other relevant parties. The Ministry formed a preliminary ruling after analysis and evaluation, and published the preliminary ruling results on the website [1] on July 24, and solicited opinions again, asking all relevant parties to provide feedback before August 24.
The preliminary ruling holds that of all the EU’s existing trade remedy measures, 42 are consistent with the British principles and will be reviewed by the Trade Remedies Bureau after the UK starts to operate an independent trade remedy system to determine tariffs. The remaining 72 are consistent with the British principles. Inconsistent and will be canceled after Brexit.
According to the preliminary ruling report, after the UK leaves the EU, the EU will launch anti-dumping measures against China’s High Tensile Yarn, aluminum radiators, bicycles, electric bicycles, seamless steel pipes, solar panels and other commodities. , countervailing measureswill no longer apply in the UK. However, the EU’s trade remedy measures against Chinese tires, aluminum wheels, organic-coated steel, ironing boards, ceramic products, suede, cast iron products, etc. are still effective.
In the next step, the UK Department for International Trade will continue to collect and evaluate newly submitted evidence, and plans to publish a list of measures to be maintained or reviewed at the end of the year to determine the tariffs that should be imposed when the UK’s independent trade remedy framework is implemented.
After the list of measures is published, specific decisions can be appealed. The appeal will only consider evidence submitted before August 24 and will be re-examined to determine whether the decision was correct.
[1]https://www.gov.uk/government/consultations/call-for-evidence-to-identify-uk-interest-in-existing-eu-trade-remedy-measures/test
