European exports are worth millions to South West exporters, so our International Trade Director, James Monk travelled to Bristol’s twin city, Bordeaux to explore the impact of a no deal Brexit.
He finds that if we fall back on WTO terms, tariffs will result in a 40% increase in costs on cheddar cheese – and we sell £85m worth of cheese to France. With 20% of British lamb ending up in France the extra tariff of 42% will also have an impact on this industry. Beer tariffs will remain the same – so no increase there, although he speaks to a West Country supplier who is worried about potential delays at borders or in getting any necessary visas.
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