Deloitte study finds that the German car industry would be severely hit by a ‘no deal’ Brexit
With a new study by Deloitte finding that a ‘no deal’ Brexit would have a severe impact on the German car industry, Open Europe’s Georgia Bachti argues that the unity of the EU27 position will only really be tested when talks move from details of UK withdrawal to the new trade terms.
Focusing on the impact of Brexit on the German car industry, the study echoes what was argued by proponents of Brexit before the referendum: the country’s biggest export sector would face significant risks if the negotiations fail to conclude a trade deal between the UK and the EU.
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