RMI calls on government to provide clarity on future trade with EU

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  • This topic has 1 reply, 2 voices, and was last updated 2 years ago by David Bevan.
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    The Retail Motor Industry (RMI) has said that it is vital that the government agrees a Brexit deal with the EU and warned that the UK would see a rise
    [See the full post at: RMI calls on government to provide clarity on future trade with EU]

    #186436 Reply
    David Bevan
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    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’.

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