Reply to post: Re: re: I wonder why they would pretend to think....

Croydon school rolling in toilet roll after Brexit gift deemed unfit for the Queen's Anus Horribilis

codejunky Silver badge

Re: re: I wonder why they would pretend to think....

@AC

"Also investment. Why would a company invest in factories or have a HQ in the UK with zero import tariff. They would set up in a company with a high import tariff knowing they could export to the UK for free"

That forgets part of the equation. If you need to import for your business do you want to buy at market prices or government inflated ones? The steel tariffs against China saw job losses in the US while the rest of the world enjoyed a discount of world surplus steel. That import tariff hits anyone importing even if its for business.

If your imports cost more but you export your products then a zero tariff country is where you want to be. You can be the cheapest seller based on inputs cost.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon