German free market forces warn against EU militancy on Brexit

At last someone in Europe realizes that the EU bureaucrats are skating on thin ice in their hardball negotiations with Britain. In the event of Britain leaving with no agreement in place, the EU would have a lot to lose. With no agreement, the EU would be obliged to put tariffs on incoming British goods.  Britain would then retaliate and it would be a trade war. And Britain always wins its wars with Europe.  Britain could even put a complete embargo on imports from the continent. And Britain buys far more from Europe than it sells so Europe would be the biggest loser.

German car manufacturers and French farmers in particular would be badly hit.  French agriculture is in a perennial state of crisis so losing the British market would have French farmers marching on Paris -- with predictable results.  Paris always caves in to their farmers.

And in Germany, VW has recently taken some huge knocks due to their own arrogance.  Losing the British market could push them over.  Germany exports 800,000 cars to Britain annually so the whole German motor industry would be in trouble.

Britain, by contrast is itself a big motor vehicle manufacturer -- courtesy of Honda, Toyota and Nissan -- so Brits would have no shortage of excellent cars to buy.  And farm products are in permanent glut worldwide so the range of fresh foods in British supermarkets would be undiminished.

So the EU honchos are very foolish with their present aggressive stance.  Frau Dr. Merkel and M. Macron might soon have to rein them in.  A simple declaration from both of them saying that they would not put trade restrictions on Britain and it would be game over -- with a huge but well-deserved loss of face for the EU bureaucrats.

Germany’s Free Democrats have demanded a special “Brexit cabinet” in Berlin to safeguard the vital interests of the country, citing growing alarm among industrial and manufacturing companies over the disastrous implications of a failed deal with the UK.

The fast-rising party says it will push for an amicable compromise in Brexit talks if it joins the ruling coalition this autumn - as now looks increasingly likely - warning that it would be a fatal error for Europe to humiliate Britain.

“We are hearing an uttering of concerns from German companies and trade unions about what could happen if there is a crash-Brexit and no deal in place. Criticism is growing,” said Michael Theurer, MEP, the party’s economics chief.


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