January 26, 2017 at 12:01AM
Britain must keep some benefits of single market and customs union after Brexit, says chief executive of trade body SMMT
The car industry has told Theresa May that the introduction of tariffs after Britain leaves the EU is a “red line” issue that would lead to a fall in sales and potentially result in job losses.
In a severe warning about the consequences of a hard Brexit, Mike Hawes, the chief executive of the Society of Motor Manufacturers and Traders, said tariffs would make UK car plants uncompetitive and it was critical that any trade deal with the EU contained some of the benefits of the single market and customs union.
Continue reading...
No comments:
Post a Comment