[Cronos]

Toyota plants in europe - taken from toyota-global.com

Toyota's problem is that faced by many manufacturers who have used the western european supply chain.

To explain - image if illinois was leaving the USA - many factories there rely on sub-components manufactured across the USA and sent to IL. Similarly factories outside IL also rely to sub-components from factories within IL.

To adequately plan this, Toyota will need to limit it's JIT (Just in time) manufacturing and keep stockpiles on hand in factories. Ultimately it will need to shift sub-contracts to localized factories.

Long-term that's what would happen, but short term there will be disorder.

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Oh and just for those who will post -- Brexit has ALREADY HAPPENED guys, this is about how the trade deal with flow of goods will happen

[Gay State Conservative]

With all the blood we’ve spilled in Europe all we have to show for it is the filthy Maoists who currently rule in Brussels.We should have let the Nazis...or the Russians...have it.

[Nextrush]

Johnson can distract from the realities of his authoritarian regime imposed in name of fighting the coronavirus.

[HighSierra5]

I’m going to go out on a limb here. Brexit ain’t gonna happen.

[a fool in paradise]

>>To explain - image if illinois was leaving the USA - many factories there rely on sub-components manufactured across the USA and sent to IL. Similarly factories outside IL also rely to sub-components from factories within IL.

I saw Lech Walesa speak once. The way he put it, it was difficult to leave the USSR because no country MADE one thing. Each made parts to a product.

Looks like the same game at play here.

[SaxxonWoods]

https://www.cnbc.com/2020/12/24/brexit-uk-eu-strike-historic-trade-deal.html

There is a deal now.