The Mudcat Café TM
Thread #162855   Message #3908338
Posted By: Nigel Parsons
27-Feb-18 - 10:46 AM
Thread Name: BS: Post Brexit life in the UK
Subject: RE: BS: Post Brexit life in the UK
From: Raggytash
Date: 27 Feb 18 - 10:40 AM
Time will tell regarding the tariffs.

I take it you have also heard of supply and demand. If the UK consumer demands European meat products we may find that the producers increase costs over and above current rates.


I assume you mean the producers would increase prices. No producer wishes to increase his costs.

And supply and demand will come into effect, but we will have greater scope to get supply from outside the EU without their protective import tariffs.
Supply and demand could force the EU to reduce their prices in order to compete.