Thread: Brexit (Old)
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Old 23-11-2018, 21:22   #3641
jfman
Architect of Ideas
 
Join Date: Dec 2004
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Re: Brexit
UK exports to the EU: £274bn, 44% of all our exports.

We have a trade surplus due to trade in services which arguably are easier to source from other Member States (or indeed - financial services could move from the UK into EU countries).

We have a trade deficit in goods (as in we rely more on the EU for physical items). Could we easily source these from elsewhere? What increased costs will there be in transport for this? Or will we just end up paying more in tariffs?

The idea that mutual trade which benefits both parties can be used for us to "hold them over a barrel" is ridiculous in the extreme.
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