Maximus wrote:cyprusgrump wrote:Maximus wrote:It’s these costs that might be passed on to the uk buyer by the uk government of imported goods from the eu.
The UK government could impose tariffs on EU goods if the EU chooses to impose tariffs on UK goods... See how it works...?
Who do you think has most to lose in this scenario...?
The uk....
As I have said the eu market place is bigger and more lucrative to Britain. The European consumer will have 27 other member states that they could acquire products and services from, tariffs free. This is what Britain will be competing against. And what does the uk produce that is better or cheaper than other member states?
Furthermore, the pound has lost value compared to the euro. Which means it will be cheaper for eu buyers to import from Britain and Now, more expensive for British buyers to import from the eu... that does not necessarily mean an increase in demand from eu buyers....just, they are better off.
Well, I think German exporters have more to lose...
... but we'll have to agree to differ on this. Time will tell what the eventual outcome of the Brexit vote will be.
Fascinating time to have an interest in politics whatever happens....