Carryfast:
Really so why did the Japs bother with setting up EU assembly operations here to circumvent non EU import taxes ?
To avoid those taxes they set up factories in the UK and other EU countries. If those taxes are reintroduced by Brexit why would they stay here?
It has nothing to do with trade wars or owt else.
In a hard Brexit we would be on WTO rules. That means we would be treating the EU, and they would be treating us, the same way we treat other non-treaty countries. No question of “punishment” or “war” or anything else, just following the rules.
theloadstar.com/car-makers-say- … kes-trade/
10% tariff on finished cars 4.5% on car parts.
Not worried yet? It rises to 35% for some UK agri produce going into the EU!
WTO rules are not just a tick box exercise! They cost money and time.
Carryfast:
If not how do you explain the EU single market applying to UK car and truck exports using US made components such as Jensen Interceptor using Chrysler V8 and Torqueflite box,and Jag XJ using GM 400 for two examples
You really are living in the past aren`t you? Jenson ceased trading in 1976, a quarter century before the WTO even existed!
Carryfast:
So we replace German imports with domestic production putting us back in the position that we were in 1972.
Brexit is NOT a time machine… we cant all join you in the 70
s.
Carryfast:
Now awaits remainer maths which says that we sell more cars to the Germans than they sell to us.Also bearing in mind that we’re talking about the combined EU car market here which involves a lot more than just German imports.
Hhhmm, “remainer maths” ■■
I showed the figures, and the sources, and those figures you havent disputed. (Except to wrongly say car components aren
t taxed)
The maths is neutral. A fact is a fact.
The implication of the maths is that Brexit is gonna be costly to the UK.
I think thats a bad thing. It
s BECAUSE of the maths and the logic, I think Brexit is a bad idea. I haven`t decided Brexit is bad and then gone off looking for ways to justify that opinion.
If you think that trashing our remaining manufacturing base, and hobbling agriculture is a price worth paying, say so. That is your opinion.
Forgive me if I choose not join your Quixotic attempt to tilt at imaginary EU villians, and ride off back to the 1970`s.