So German forecast papers are to be take; seriously but UK ones are not as we don’t know what’s going to happen in the future?
If we take the example of Germany, 6.3% of Germany’s exports go to the UK (
https://tradingeconomics.com/germany/exports-by-country) 11% of the UK’s exports go to Germany (
Https://tradingeconomics.com/united-...rts-by-country) However, we are negotiating with a trading bloc and that’s 50% of our total exports. I am struggling to find data for intra EU exports to the UK as a percentage and might need to fire up Excel for this!
Yes, there will be an impact in all countries we deal with of course. The question is how big an impact? Whoever has the least to lose has the strongest hand and it does look very much like the EU is in that position at the moment.
In other news -
Brexit: Britain set to offer EU immigration deal 'very similar' to free movement If immigration was your main reason to vote leave, this whole shebang May have been a waste of time. All the immigration with none of the benefits