“The prices will not necessarily go up.”
The prices already went up. The British pound is in a free fall against the Euro. The Italian tomatoes and German fridges are more expensive already. And the EU hasn’t even started slapping tariffs on UK products. The pound will fall further.
Your view is that the EU is the only market available to England. While they were in, that is a correct statement, but how badly has not being in the EU hurt Switzerland?
The world is a much smaller place and given the need for creative alternative thinking, somebody in England is going to do very well in the greenhouse business if tomatoes are in such high demand, plus they will be fresher. Given the VAT, just how much will the English save?
As far as refrigerators are concerned, no big deal since most of the smaller ones are made in the Asian sector, if not the larger ones now as well. Just look to our own market for those and Samsung has cornered that market that used to be known as relabeling to Kenmore. Who made Kenmore’s? Everybody but Kenmore. England’s situation while in was they had to receive from the EU and prohibited from finding a better deal.
Geez, there is so much more wrong with the EU than the utopia magic being perpetuated on the, in their view, dumasses. it has always been that way and they will continue to try and control the population as long as elitism is given a chance to do so. Self determination is the best bet against it.
The prices already went up. The British pound is in a free fall against the Euro. The Italian tomatoes and German fridges are more expensive already. And the EU hasnt even started slapping tariffs on UK products. The pound will fall further.
Yes, but the EU has punitive taxes for imports from countries it doesn't like, such as China.
As one small example, my UK cousin was amazed at the cheap price of efficient light bulbs here in the US. Apparently EU import duties are very high and quotas low.