Reply To: RMI calls on government to provide clarity on future trade with EU

[David Bevan]

The UK Government has already said that duties on Auto Parts will be reduced to zero under WTO rules, in the event of a no-deal Brexit. This will also apply to non-EU parts, which are mainly subject to duty at the moment. Obviously, all imported parts will see a Sterling increase if GBP exchange rates weaken following a ‘no-deal’.