- Location
- Limousin
It maybe a small problem for EU counties, but as nothing to the problems it will cause the UK. Over 60% of all trade is done with the EU or though EU trade agreements, so far just 8% has been rolled over on a temporary basis subject to renegotiation. And don't forget the UK's biggest trading partner the USA, wish to rebalance their trade with the UK as they currently import far more from the UK than they export.we have to pass a deal first, that's political, the next stage is tariffs etc, this may well be more business orientated, we all know EU countries will still want to export to us, otherwise they will have to find new markets for them, given that EU is protective of its internal market, by the use of high tariffs, it may not be easy for them to do so, in which case, it may be better to come to a sensible compromise with us. I'm sure this will occur, as long as the politicians keep out of it !