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These 43 comments are related to the topic:
Britain threatens Germany: You 'will pay a HIGH PRICE'

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Replies: 43
By:
ZenMaster
When: 24 Jan 17 00:35
But tariffs work both ways Donny and we  have a £70 billion trade surplus with the EU according to 2015 UK Data figures.

So by your 10% calculations, the UK would be gaining £7 billion on tariff fees.
By:
donny osmond
When: 24 Jan 17 01:23
yes but the eu does not pay the tariffs, it is the consumers
that will pay for the tariffs , the eu just collects the money.
By:
ZenMaster
When: 24 Jan 17 17:27
Is it not the exporters that pay the tariffs donny?
As i said, tariffs work both ways.
By:
donny osmond
When: 24 Jan 17 17:35
they may write the cheques, but it will be consumers that foot the bill
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