Quote:
Originally Posted by OLD BOY
You are making a lot of assumptions on tariffs. But in any case, if we have to accept tariffs by the EU, the government has already said that this is covered by the fall in the value of the pound.
In answer to your question, assuming the economy improves with our ability to increase exports to the rest of the world, the person in the street should benefit from that. Trade will continue with the EU, of course, we're not pulling up the drawbridge!
|
If there’s no trade deal, we will have to accept EU MFN tariffs for exports to the EU. I would have thought that an uplift in pricing due to tariffs would make UK exports less competitive, especially with agriculture and fishing for example. How this reconciles with no hard border in Ireland, I don’t know.