Its very good news to me, hope this deal wont be dropped. EU citizens cant fear of jobs moving to japan because they are not a low wage country and I like japanese cars, hifi, cameras, etc. so these product should see a drop in consumer price of around 10% (for non-specific tariff products, like cars)
Originally posted by LensBeginner VAT in Italy is 22% on non-essential goods. Apparently cameras aren't deemed essential, which IMHO is a grave oversight
VAT will still be applied on all products even under free trade agreement, and probably gray market camera imports from Japan and Taiwan will still come cheaper than local market because of VAT.
Originally posted by AndrewN Brexit is not going to happen all at once (although some politicians would like that). There will be a transition period and if the current version of the UK Government’s deal gets accepted then quite close alignment with the EU.
We can only hope they will not miss to get a free trade agreement similar to what exists with Norway, Switzerland, and now Japan as well