Companies will be charged extra to import industrial goods such as cement, fertiliser and steel.
A new environmental tax on imported industrial goods such as fertiliser will lead to higher food prices, businesses have warned.will be charged what they would have done had the goods been produced in the UK.
However, James Alston, a wheat farmer in Norfolk, said he feared UK food production would "continue to decline"."Most farms and agricultural businesses at the moment are either making no money or they're losing money," said Mr Alston, a third-generation farmer from Silfield, near Wymondham.Mr Alston said farmers had already suffered financial setbacks in recent years due to Brexit, extreme weather and high interest rates.
The tax will apply to sectors importing "carbon intensive goods" such as cement, fertiliser, iron and steel.
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