The government has now set out its plans on how it would take advantage of that opportunity. It has said it will cut tariffs to zero on 87% of the goods it imports if the UK leaves the European Union with no deal in place. At the moment the EU maximum tariff on cars from outside the EU is 10%, while on some types of clothing and crockery it is 12%. On some types of beef it is 12.8% plus 265 euros per 100kg (agricultural tariffs can be very complicated). Tariff revenue (such as it is) would go the UK Treasury. It is currently paid to the EU (less 20% for the cost of collecting it).It would also in theory enable the UK government to set tariff levels in line with its judgement of the UK’s best interests, rather than the interests of the whole EU.