RE: Share buyback26 Jan 2021 11:41
At least, we are not operating under WTO terms.
A EU/UK trade deal was pulled off at the last minute.
Otherwise cars would have to have been imported and exported under World Trade Organization (WTO) rules, incurring a 10% import tariff – an extra expense that car-makers may have passed on to consumers.
Remember that we were a labour-force country for the Japanese car-makers, for example, to export their goods to EU countries, tariff-free under the umbrella of our former EU status.
That much, at least, is good, more paperwork is a chore for the time-being.