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It may be time for the UK to consider the possibility the German car industry might not be riding to the rescue.
'For at the same time as attempting to relegate Brexit to distant memory, the government is also claiming all kinds of benefits from “having left the EU”.'
The Department of International Trade is reportedly contemplating action, which would decimate our ceramic sector.
The tariffs on over half of products have changed, but the weighted average tariff on goods imported from ‘MFN’ countries has fallen only from 2.1% to 1.5% (excluding non ad-valorem tariffs). Given that any difference between the UK and EU tariffs may create administrative problems ... there is room to ask whether this has been a net gain.
Unfortunately, both points raised by Jacob in this clip are incorrect. Firstly there isn’t a 10-year window under WTO rules that allow us to retain on our current trading arrangement with the EU.
Every single thing about this “How much we will save on tariffs after Brexit” thing in The Sun the other day was completely wrong.
Brexit will never be over.