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BBCNEWS Talking Business June 4, 2024 02:53:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 02:53:00

By english buyers were bought from english sellers. the rest would come from europe. and the logic behind that is that uk was part of the bigger european ecosystem and part of the bigger supply and demand. and with brexit, overnight, when brexit happened, a lot of focus was on the import tariffs. but with brexit overnight on every single product being bought and sold in europe from the uk and vice versa had a vat mark—up of up to 20%. wow. so, for every uk buyer, every european product being sold was 20% more expensive and vice versa. so literally overnight, all the products became 20% more ...

BBCNEWS Talking Business June 4, 2024 15:53:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 15:53:00

In the uk, only around 20— 25% of products being bought by english buyers were bought from english sellers, the rest would come from europe and the logic behind that is that uk was part of the bigger european ecosystem and part of the bigger supply and demand. and with brexit, overnight, when brexit happened, a lot of focus was on the import tariffs, but with brexit overnight on every single product being bought and sold in europe from the uk and vice versa had a vat mark—up of up to 20%. so for every uk buyer, every year, imp and product being sold was 20% more expensive and vice versa. s...

BBCNEWS Talking Business June 4, 2024 22:53:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 22:53:00

The rest would come from europe and the logic behind that is that uk was part of the bigger european ecosystem and part of the bigger supply and demand. and with brexit, overnight, when brexit happened, a lot of focus was on the import tariffs, but with brexit overnight on every single product being bought and sold in europe from the uk and vice versa had a vat mark—up of up to 20%. so for every uk buyer, every year, imp and product being sold was 20% more expensive and vice versa. so literally overnight all the products became 20% more expensive. and on top of that, you add the complexity o...