Brexit, trade and tariffs part three: how much freedom will Britain have to set its own tariffs?

In the last of a series of pieces for LSE Brexit setting out the scale of the challenge ahead as Britain considers how to trade post-Brexit, Michael Johnson explains what Britain’s membership of the World Trade Organisation means for tariffs and market access for services, and why – despite criticism from some hardline Brexiteers – Liam Fox has said that the UK intends to stick as far as possible to the rates which it currently applies under the EU’s WTO tariff schedules.