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The Brexit Consequences Thread

But we haven’t lost access to the single market.
We face NTBs. Don't we? Despite Boris saying otherwise.
And you don’t HAVE to set up another company to trade with EU member states.
You don't have to lose all of your EU customers either.

You don't have to keep your business going.

And so on.
 

crow_bag

War Hero
We face NTBs. Don't we? Despite Boris saying otherwise.

You don't have to lose all of your EU customers either.

You don't have to keep your business going.

And so on.
There are no tariffs or quotas, Boris never said that there would be no customs declarations or VAT etc.

Plenty of companies are continuing to trade with EU member states without having to set up companies in the EU.

The same as there are plenty of companies that trades with the rest of the world without having to set up hundreds of new companies.
 
There are no tariffs or quotas, Boris never said that there would be no customs declarations or VAT etc.

Plenty of companies are continuing to trade with EU member states without having to set up companies in the EU.

The same as there are plenty of companies that trades with the rest of the world without having to set up hundreds of new companies.
baby ukeu.JPG
 
None of those charges are tariffs

Why do pompous cnuts always think they know how people voted?

"The people whingeing about the effects of BREXIT must be the people who voted for it".

All the people I know who voted against me for BREXIT couldn't give a flying fcuk about tampon tax, ham sammiches off the ferry or the additional cost of buying European shit off the internet.
 
There are no tariffs or quotas, Boris never said that there would be no customs declarations or VAT etc.
NTBs remember?

Plenty of companies are continuing to trade with EU member states without having to set up companies in the EU.
Examples please? Are they large companies which already have EU HQs?
The same as there are plenty of companies that trades with the rest of the world without having to set up hundreds of new companies.
They'll use Customs Agents or Brokers, who are overwhelmed at the moment. Not enough in the UK, dunno how many available elsewhere.
 
Why do pompous cnuts always think they know how people voted?
Said the SME.
"The people whingeing about the effects of BREXIT must be the people who voted for it".
Who makes shit up. There are plenty on here who said they voted for it and are whinging,, blaming the froggies.
All the people I know who voted against me for BREXIT couldn't give a flying fcuk about tampon tax, ham sammiches off the ferry or the additional cost of buying European shit off the internet.
Good for them
 

crow_bag

War Hero
I keep on referring you to NTBs and you keep on ignoring it.
Boris said that there would be no tariffs or quotas.

Perhaps you could provide a link to a quote where Boris said that there would be no customs forms to complete, and that there would be no import or export duties that need to be paid.

I would also add that customs declarations and import or export duties are not barriers, they are just part of what people have to do when importing or exporting goods.
 
Boris said that there would be no tariffs or quotas.

Perhaps you could provide a link to a quote where Boris said that there would be no customs forms to complete, and that there would be no import or export duties that need to be paid.

I would also add that customs declarations and import or export duties are not barriers, they are just part of what people have to do when importing or exporting goods.
Belters be like:
3a5ada062c3e5756b26618080cb28132.gif
 
Just to put everything in perspective, Line 1 at Trim and Chassis, Nissan Manufacturing UK shut down Thursday night for lack of parts. Restarting normal time on Monday.


The reason? Brex....oh wait. It wasn't. It was actually a container ship with covid cases on it that wasn't allowed to dock.
 
Originally published by: Felix Page, Autocar magazine, on 19 January 2021.

Explainer: What the Brexit deal means for car manufacturers.

We analyse how the UK car industry will be affected by the post-Brexit agreement.
Deal or no deal, there were always going to be obstacles to post-Brexit trade. Here’s what the agreement should mean for the automotive sector.


Bureaucracy . . . .

Jubilation at the trade deal was tempered by scepticism at prime minister Boris Johnson’s assertion that UK industry would face “no non-tariff barriers” when trading with the EU. The new agreement will result in increased paperwork, processes and border checks, with some estimates suggesting an extra cost to the UK economy of £15 billion in customs declarations alone.

Felipe Munoz of industry body Jato Dynamics said: “Costs are likely to grow due to longer processes and more authorisations involved,” which will “complicate things for the OEMs producing locally, and those exporting to Europe.”

With modern factories operating according to a ‘just-in-time’ supply model, any delay at the border could prompt the temporary shutdown of individual lines or even entire factories, as we have already seen at Honda’s Swindon plant on two occasions, in December and January.

Tariffs and quotas . . . .

In the event of a no-deal Brexit, the UK would have traded with the EU as a “most preferred nation” under World Trade Organization rules so would have incurred tariffs of 10% on cars and 2-4% on their individual components, amounting to an estimated £2800 premium on an EU-built car for UK buyers. Under the terms of the deal now agreed, tariffs are imposed only on products that fail to meet ‘rule of origin’ requirements and no quotas have been imposed.

SMMT boss Mike Hawes said: “It’s no substitute to the benefits that we enjoyed under the EU, but the agreement does provide some hope and a platform, limiting some of the damage.” To avoid incurring tariffs on future electric cars built domestically and exported to the EU, the UK will need to drastically ramp up its battery production capacity to meet those requirements.

Supply chain . . . .

In a normal year, an estimated £13bn worth of automotive parts crosses the Channel, but the ‘rules of origin’ that were instrumental in securing tariff-free trade in new cars could make that figure shift.
Professor David Bailey of the Birmingham Business School said it was “good news in that there is full bilateral cumulation, allowing UK and EU parts to count towards local content rules”. He suggested the agreement “will be enough for most car makers in the UK to avoid tariffs”, despite the UK’s failure to attain a ‘diagonal cumulation’ with countries including Japan, Turkey and China.

Crucially, the trade deal allows for a 12-month grace period for manufacturers to produce evidence of the origin of their products – “a major win” for the industry, according to Hawes. He added: “Some members were disappointed at the lack of diagonal accumulation on content with Japan, Korea and so forth. That would have been a really big ask of the UK, so I don’t think there was surprise it wasn’t in there.”

But with 30,000 individual components used in the construction of the average car, proving the origin of each was a recipe for chaos. Government guidance states that, under the terms of the deal, “once a product has gained originating status, it is considered 100% originating”, meaning an engine comprising 30% EU-derived components, if used in the production of a UK-built car, would count as 100% locally assembled.

Investment . . . .

The deal will come as reassurance for foreign brands with significant manufacturing presence in the UK. Nissan COO Ashwani Gupta previously said the company’s UK operations would “not be sustainable” if tariffs were imposed. Munoz is confident the UK will now still play a role on the global stage. “The UK is one of the world’s top 10 biggest markets by volume. The fact that it is no longer part of Europe [the EU] doesn’t mean that local consumers won’t buy cars any more,” he said. “If you have cases where OEMs open factories in specific markets to supply internal demand, then I don’t see why the UK can’t continue getting investment.”

Honda’s Swindon plant was already earmarked to close in July 2021, with Brexit NOT a key factor in the decision. However, BMW and Nissan have both previously suggested that they could move plants post-Brexit. It will take time for the minutiae of the deal to become clear before they determine their long-term plans, though.

1611502190623.png

How long will Brexit blight the car industry?


Posted on: this "brexit-consequences-thread", and also the "manufacturing-in-the-uk " thread.
 

Truxx

LE
Why do pompous cnuts always think they know how people voted?

"The people whingeing about the effects of BREXIT must be the people who voted for it".

All the people I know who voted against me for BREXIT couldn't give a flying fcuk about tampon tax, ham sammiches off the ferry or the additional cost of buying European shit off the internet.
Goodness no.

Passport colour obvs.
 
We face NTBs. Don't we? Despite Boris saying otherwise.

You don't have to lose all of your EU customers either.

You don't have to keep your business going.

And so on.
No, in principle we don’t pay for a zero tariff, in other words what we pay should cancel what we’ve paid for. All that happens is we collect the duties. Any increasethey could impose is not mandatory and limited if imposed under WTO rules.
also it’s also true that the EU won’t want to lose it’s U.K. customers so it’s no good defending EU pettiness . Struth it’s not that difficult.
 
No, in principle we don’t pay for a zero tariff, in other words what we pay should cancel what we’ve paid for. All that happens is we collect the duties. Any increasethey could impose is not mandatory and limited if imposed under WTO rules.
also it’s also true that the EU won’t want to lose it’s U.K. customers so it’s no good defending EU pettiness . Struth it’s not that difficult.
Nothing gets in the way of a wobbly bottom lip.
 

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