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Old 27-10-2020, 15:05   #4417
papa smurf
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Re: Brexit-Transitional Period Ends 31/12/20

Quote:
Originally Posted by Chris View Post
I think you’re misunderstanding the balance of trade between the U.K. and Ireland just a little.

We are 11% of all their exports; within that we take 43% of all their food and livestock exports.

However, the key statistic is that we have a trade surplus of more than £13bn with them. There is not an equal flow of goods and services between the two countries, and therefore there’s no basis for assuming the U.K. will be equally as affected by trade barriers - and certainly no justification for claiming we would come off worse.
He was probably just being impartial
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