The impact of tariffs on the yachting industry

[ingenious]

Can you import the vessel to the UK & pay basic tariff. Then screw some fluffy dice, plus some other useful british, or EU (engines?) components , to it & export it to the EU claiming back the UK import duty & paying the uk to EU tax- whatever that may be - which may be less

Doesn't work like that. It's still an American made boat so gets whatever tariff the EU slaps on it. All products have a minimum local content quantity associated with them so unless you buy a bare hull at, say, £100k and outfit it with £400k in the UK, you pay the higher tariff. That is where the people crowing about the 'Brexit benefit" of only getting 10% tariff are forgetting the huge amount of materials imported to create our goods.

 

[Fr J Hackett]

I definitely can't see this thread lasting

 

[Forum Admin Team]

Thread suspended pending review.