Thread: UK & EU Agree Post-Brexit Trade Deal
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Old 08-04-2020, 15:38   #2806
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Re: [Updated] The UK’s future relationship with the EU
Quote:
Originally Posted by jonbxx View Post
Well, 53% of our imports will suddenly become more expensive as they come from the EU while 3-4% of the EUs imports will become more expensive as they come from the UK.

Of course the money goes in to the respective government pockets but it's the importing customer who eventually pays
You assume that the imposition of tariffs by the EU would mean that we would still want to have those goods from the EU. What if we could get the same goods from the US, cheaper and with no tariffs?

I don't know the answer to this, but if we are making more from imposing tariffs on the EU, what's to stop us using that money to reduce nullify any price increase to the consumer?
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