Michel Barnier’s threat over British car industry rubbished – UK position ‘not absurd’

  • 📰 Daily Express
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

MICHEL BARNIER'S threat to slap tariffs on automotive parts exported from the UK to the EU has been rubbished by a Brexit specialist.

, professor Alex de Ruyter, from Birmingham University’s Centre for Brexit Studies explained why UK officials put forward this proposal.“The issue is this – usually, in order to take advantage of preferential low or zero tariffs in a trade agreement, a country needs to prove that a certain percentage of that good is made domestically.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Questioned. Hardly rubbished. But regardless, non-tariff barriers cannot be ignored. These could undermine just in time manufacturing using imported components, making the UK a less attractive place to build vehicles.

It's amusing that they threaten that to the 4th largest importer of BMW cars in the world. Please continue, Mr Barnier.

I thought Michel Barnier was Darth Vader, now he's on the good books?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 26. in BUSİNESS

Business Business Latest News, Business Business Headlines