Just to make one thing clear........ we won't be leaving in a No Deal WTO scenario
It just won't happen.
So all those tariff issues are hypothetical.
I would like to think that will 100% be the case. But we’ve got a parliament right now that seems utterly incompetent. They just spent almost a whole day debating what the Labour leader did, or did not say, under his breath when we are facing an economic and constitutional crisis.
Certainly, many companies have made no NO DEAL BREXIT preparations. On the other hand, many companies large and small have been buying up warehouse space in both the UK and EU in order to stock pile goods as they fear a NO DEAL BREXIT could bury them. They ain’t spending all that cash on stock and storage for fun.
So whilst I agree 100% with you that a NO DEAL exit would be complete and utter stupidity and incompetence, and indeed that parliament should act to block it, I am not 100% sure that the foccing idiots will.
So what if the EU slap 30% on scot whisky, you will still have the rest of the world to sell to without the 30% EU tax added.
Well 30% of our whisky exports are to the EU. It’s a solid market too, and right on our doorstep. Further substantial % is exported tariff free to 40 other countries around the globe that we enjoy free trade deals with via the EU. The Scotch Whisky Association estimates and immediate 53 million quid cost to the industry in the event of a NO DEAL at the end of march. That does not take into account the long term impact. Costs will also rise due to tariffs on cereals, glass and machinery - ie production costs will rise.. The Scotch Whisky Association steadfastly opposes a NO DEAL BREXIT. It will hit the whisky industry hard.
we might see 30% slapped on Scottish Whisky heading to Europe.
And that's it isn't it, there it is -- the problem with all the remainers they only want to remain for self serving selfish reasons.
Scotch Whisky accounts for 1/5
th value of all UK food and drink. It won’t just hit our industry in Scotland hard, it’s will be a major loss for the UK exchequer. So I am at a loss as to how it is you see this as selfish.