Nissan, Honda, And Toyota All Poised To Leave UK Over Trade Barriers

Nissan, Honda, And Toyota All Poised To Leave UK Over Trade Barriers

Japan’s UK ambassador fired a warning shot to Prime Minister Theresa May, saying that Japanese automakers would have to leave Great Britain if the imposed trade barriers after Brexit make their business there unprofitable.

The ambassador’s comments were regarded as an unusually blunt warning on the risks of trade barriers, Reuters reports.

“If there is no profitability of continuing operations in the UK – not Japanese only – then no private company can continue operations,” Koji Tsuruoka said when asked how real the threat was to Japanese companies of Britain not securing frictionless EU trade.


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carloslassitercarloslassiter - 2/13/2018 10:21:37 AM
-1 Boost
If the goal was to set the British economy back 40 years, Brexit was a brilliant move.


TheSteveTheSteve - 2/13/2018 1:43:04 PM
0 Boost
We'll see if the automakers' exit from the UK actually happens, or if it's just talk. That aside, isolationism is not a sound economic decision. Where trade flows, prosperity flows. Where protectionism and isolationism are strong, we end up with economic stagnation, such as what we saw in the FSU (Former Soviet Union), where most of the people were considered lucky if they could ever own a Lada, while Communist Party bigwigs tooled around in their Mercedes. North Korea is another prime example of isolationism at work.

On the flip-side, look into Dubai, who is prospering at an insane pace, and **NOT** from Petro-Bucks! In spite of being run by a Monarchy, having human rights violations, using archaic religious-based laws, they understand the principles of economic prosperity and how they relate to open trade. Open trade, not oil, makes Dubai one of the biggest economic centers on the planet, and with one of the richest economies. Dubai's approach is basically the opposite of protectionism and isolationism. Foreign business flock to do business in Dubai, and they benefit from it.

Now I'm **NOT** suggesting anyone should duplicate Dubai's economic success story by being another Dubai, but I am highlighting how isolationism and protectionism -- although they might appease "nationals" and help conservative thinkers feel more secure in the short-term -- are not sustainable, and they are a slippery slope down to greater hardship for all, save those at the top of the protectionist pyramid.


PUGPROUDPUGPROUD - 2/13/2018 3:32:45 PM
+3 Boost
For now likely a negotiating tactic to put pressure on UK government to negotiate favorable terms with EU and/or offer them incentives to stay. Each of these manufacturers has substantial investment in plants and experienced work forces in UK and will think twice before leaving considering the shut down cost.


CANADIANCOMMENTSCANADIANCOMMENTS - 2/13/2018 9:11:42 PM
-3 Boost
This is just another example of how the masses embrace of nationalism cost their economy and their collective futures along with their children's futures. If the UK is lucky, Parliament will dig in its heels and insist on approving any deal the Government cuts with the EU. If the terms are found to be poor, they should just scrap BREXIT and go back to being a full member of the EU. These automakers will not move a plant, but they will surely not put any new ones in the UK.


MDarringerMDarringer - 2/13/2018 10:22:11 PM
+6 Boost
They won't leave.

Brexit is a brilliant move.

Europe is being weighed down by Merkel's Fourth Reich fantasies that are fawned over by the former rape victim now married to his victimizer. Together they are allowing unchecked migration and their socialist welfare systems are soon to crumble under the weight of it all.

GM getting the hell out of Europe was brilliant.

The UK is a goldmine of opportunity.


TomMTomM - 2/14/2018 5:34:47 PM
+1 Boost
1 - Brexit has not happened yet
2 - THe British have NOT even suggested Trade Barriers on cars.

This is an attempt to scare Britain BEFORE the actual event happens - and it is really out of line right now.




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