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Old 08-08-2020, 15:08   #3349
1andrew1
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Re: Brexit-Transitional Period Ends 31/12/20

Quote:
Originally Posted by OLD BOY View Post
Exactly, and the UK is not going to be bounced into accepting a bad deal either.

Without a 'no tariffs' deal, there will be major economic disadvantages for certain EU industries such as car manufacturing because tariffs will put up the price of exported goods to this country, rendering them less competitive. The EU does not hold all the cards, not by a long chalk.
Worse-case scenario, the EU can carry on trading with its 500m-person market and the millions more via the largest number free trade deals with most of the developed world.
We can continue with our market of 65m people and wonder why other countries are more prosperous than us.
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