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UK's Gove to say Govt will use tariffs, quotas to protect farmers post-Brexit - Reuters

According to the advance extracts, Reuters is out with what the UK Environment Minister Michael Gove will say on Tuesday in a speech to the National Farmers’ Union.

Key Quotes:

“We will use the tools we have at our disposal - tariffs, quotas and legislation - to make sure standards are protected and you are not left at a competitive disadvantage.” 

He will also promise that Britain will not lower its food standards in the pursuit of trade deals, and set out what the government is doing to mitigate the impact, particularly on small businesses, of a no-deal exit.

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Bill Evans, analyst at Westpac, notes that the RBA Board minutes confirmed the current neutral policy bias and the commentary on the importance of hou
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