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Scottish Parliament rejects Brexit

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  • Registered Users Posts: 16,969 ✭✭✭✭A Dub in Glasgo




  • Registered Users Posts: 12,235 ✭✭✭✭Cee-Jay-Cee


    Avatar MIA wrote: »
    Traders will still work in London while London has the advantage on internet speeds. But, should Dublin get the same or better internet connection...

    Dublin should buy one of those broadband booster things, I have one in my house and can get up to 8mbs with it, 6mbs without.


  • Moderators, Recreation & Hobbies Moderators, Science, Health & Environment Moderators, Technology & Internet Moderators Posts: 90,698 Mod ✭✭✭✭Capt'n Midnight


    Aegir wrote: »
    it is a global market. 50% of cars exported from the UK don't go to the EU, so there is no problem exporting to China, Japan, the US etc.

    the automotive industry is far too important for the economies of all the major countries in europe for the issue of duty not to be resolved.
    Japan has solved their problem by doing a trade deal with the EU. So soon it may be cheaper to buy a Japanese car built in Japan than one assembled in the UK which will be subject to tariffs.


    Even if the UK does trade deals to export cars to third parties, it'll be screwed under rules of origin due to the large % of imported parts. Simply many won't be considered "UK" cars under WTO rules and so full tariffs. The large % of EU parts will also be subject to tariffs which makes UK cars less attractive for export. Also not being in the customs union means delays and time is money.


    The big problem is that all the UK car companies of any size are foreign owned, so their main competitors are other divisions of the parent multinational that has other factories within the Customs Union, like Eastern Europe including Turkey. And Turkey has to impose EU tariffs on UK imports.


    Both the US and China have already told the UK where to go regarding preferential trading. In fact the EU may impose steel dumping tariffs against China that the UK previously vetoed. Which means China may dump that steel and undermine part of what's left of the UK steel industry.


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