Toyota, Nissan seek customs reimbursement from UK if Brexit talks fail - Nikkei

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Toyota and Nissan want the UK to reimburse them for any extra customs charges imposed by the EU as a result of a no-deal Brexit, according Japan's Nikkei financial daily

- want payments to cover the additional 10% tax on automobile imports from Britain that the EU would impose should Britain crash out of the EU without an agreement, the Nikkei said, without citing sources.

“We urge UK and EU negotiators to work collaboratively towards an orderly, balanced Brexit that will continue to encourage mutually beneficial trade,” Nissan said. The Nikkei report, however, underscores how a failure to agree a new trading relationship could prompt foreign companies operating in Britain to reconsider the viability of operations in the face of extra tariffs that erode profitability, and customs checks and regulations that slowed operations.

Nissan has a manufacturing plant in Sunderland, north-eastern England, which employs 7,000. That factory would be “unsustainable” if Britain leaves the EU without a trade deal, Nissan said in June.

 

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Britain should compensate for assurances given at the time of investments. Otherwise corporates and public will lose trust.

They should ask to being paid the reimbursements during every Brexit Festival.

And so it starts.

Haaaha! Billion dollar Companies want? He'll! With that demand I'd raise it to a $1,000per/unit per day their stuff went unsold. Can't tie up commerce with extortionists wanting to be richer!

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Tell them to F off

Allí te quiero ver tu actitud Kokoroco Jhonson tienes una papa caliente/ A los Japoneses no lo la vas cojudear con tu palabreo de la Hora inglesa....

Top two are Toyota and Honda.

Britain used to make cars before they went for optimum profit versus modernising their factories. Maybe the homespun car could rise again.

That would be illegal state aid according to EU rules. They can only get that when the UK gets no access to the EU internal market. Rock meets hard place as Brexit reality strikes.

I want to be reimbursed on my company taxes and income tax for the extra charges imposed by the EU as a result of forcefully imposing rapefugees/defecting ISIS soldiers/people seeking refuge from the slavery called 'a job' on our country

In less than 2 years there will be a new referendum.

In the UK, new cases are rising again and it's economy, already suffering from the coronavirus, is about to get whacked by no-deal brexit. And Boris Johnson is still the prime minister.

Well why only these companies. Shouldn’t every company have that right?

Ok

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