Ford says no-deal Brexit would mean costs of $800m in 2019 alone

Ford says no-deal Brexit would mean costs of $800m in 2019 alone

Carmaker fears delays at border, weaker economic outlook and tariffs on trade Ford has predicted that a no-deal Brexit will result in costs... 00:00:00

Carmaker fears delays at border, weaker economic outlook and tariffs on trade

Ford has predicted that a no-deal Brexit will result in costs of $800m (£612m) during 2019 alone, in the latest in a series of stark warnings over potential disruption to British manufacturing.

If the UK leaves the EU on 29 March without a deal the US carmaker said it could face trade delays at the border, a weaker economic outlook and tariffs on trade between the UK and EU, as well as a hit from the likely sharp fall in sterling.

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from US news | The Guardian http://bit.ly/2ROndsQ