German Finance Minister warns no-deal Brexit would disrupt trade

  • 📰 Reuters
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Germans face trade bottlenecks if Britain leaves the European Union without a de...

German Finance Minister Olaf Scholz attends a budget session at the lower house of parliament in Berlin, Germany, September 10, 2019.REUTERS/Fabrizio Bensch

With only about six weeks to go before Britain is scheduled to leave the bloc on Oct. 31, the European Union has said London has not yet come up with substantial proposals to avert a no-deal divorce. “But we should be under no illusion - it would affect Germany too. New tariffs and additional tariff controls could lead to delays in trade,” he said.In 2018, German exports to Britain accounted for roughly 6% of overall foreign sales, making the United Kingdom the fifth-most important export destination for German goods makers.

 

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

Well that's too bad. The people of Britton voted and decided that they wanted out of the EU. So if that don't work for Germany too bad. Germany Always thinks of its self before anyone else. Actually Germany is a large part to blame for Britain's wanting out.

Tough

No kidding Einstein

Only if you allow it...

mastrobradipo

24Mattino

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:

 /  🏆 2. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines