Quote:
Originally Posted by Mick
I read that the EU membership fee we pay each year, is equivalent to 7% in a trade tariff fee with the EU, outside customs union.
Once we leave and are outside the customs union, we would expect to be charged and pay around 2.5% in trade tariff revenues. The article said, the membership of the EU, along with it's hefty fee compared paying just 2.5% in revenues, is the biggest case of mis-selling that dwarfs the banking PPI scandal. If I can find the article I will link to it.
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I look forward to the link and like others will maintain my healhy sceptical view until such a time.
The most important thing for the UK is service industries which account for 80% of our exports. These require common standards and freedom of movement helps too. Tariffs are less important. Hence this is a key predicament that the UK faces post-Brexit which is currently sitting in David Davis's too-difficult pile.