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Originally Posted by pip08456
Making unfounded statements again I see. Do you have anything that backs that up?
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Getting out of the wrong side of bed again I see.
Your best bet is to Google the FT article "Brexit and customs union — what’s at stake for Britain" which explains the situation. Some other snippets are below:
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Where materials are imported and re-exported, companies can generally claim back duties. However, doing so means keeping track of exactly where all components come from — meaning a mountain of paperwork.
“It would create a whole set of red tape for us to understand and work our way through,” said Brandauer boss Rowan Crozier. “That’s a challenge that a smaller company like us could do without.”
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https://www.thetimes.co.uk/edition/n...lers-lf0h3mc9x
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Businesses could become ensnared in red tape unless the government heeds the concerns of industry and retains European Union regulations after Brexit, a House of Lords report warns....It warned that non-tariff barriers, which restrict trade through mechanisms such as embargoes or customs delays, are often more costly to businesses than tariffs and are far harder to remove through a free-trade deal.
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https://www.thetimes.co.uk/article/b...ding-3pkntp2j5
---------- Post added at 20:52 ---------- Previous post was at 20:48 ----------
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Originally Posted by Mick
How long has the guardian been good at writing fiction ?
It sure looks like a remainers wet dream for fantasy stories.
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Congratulations on your 10,000 post.
I can't answer your question but the article you refer to was in fact penned by Barry Eichengreen who is a professor of economics at the University of California.