German Business Chief Calls Possibility of Post-Brexit Barriers “Very, Very Foolish”

MARKUS KERBER

Markus Kerber, head of the BDI (Germany’s answer to the CBI), is calling on his country to not risk damaging trade with punitive post-Brexit tariffs.

“Imposing trade barriers, imposing protectionist measures between our two countries – or between the two political centres, the European Union on the one hand and the UK on the other – would be a very, very foolish thing in the 21st century. The BDI would urge politicians on both sides to come up with a trade regime that enables us to uphold and maintain the levels of trade we have”

The UK is responsible for approximately 5.5 million jobs across Europe – the German Mittelstand won’t want a trade war, they’ll want free trade. Vote Leave Thursday and we’ll have business as usual Friday…




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President Trump on May’s Brexit deal:

“I would say that Brexit is Brexit. … The people voted to break it up. So I would imagine that’s what they’ll do. But maybe they’ll take a different route, I’m not sure that’s what they voted for.”

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