Lotta talk about it. None of the talk I hear talks about the really important issue. Right now, British exports (like one third of GNP) go to the Continent duty free. Come March, that might go away. If British exports have to face full EU tariffs, that will hurt the Brits a lot. The Continent has ridiculous unemployment, which means plenty of Continental suppliers will be happy to step in to replace British suppliers. So, what kind of tariff deal will the Brits get after Brexit? More of the current duty free deal? Full EU tariffs? something inbetween?
The newsies are not talking, either they don't understand, or they don't know, or perhaps both.
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A Wall St Journal piece claims that the latest Brexit deal that Theresa May is selling to Parliament actually keeps Britain in the EU customs union in return for Britain following a lot of EU regulations, and paying some medium serious money to the EE.
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