Sentences with phrase «by leaving the customs union»

Elsewhere in the speech, May promised control of laws, by leaving the jurisdiction of the European Court of Justice (ECJ); control of immigration, by leaving the single market; rights of EU nationals, despite failing to guarantee at that point that they would not be deported; new trade deals, by leaving the customs union; and free trade with European markets, by pretending that nothing had happened.

Not exact matches

The car industry is heavily reliant on tariff - free trade across the EU and leaving the customs union would disrupt supply chains by requiring time - consuming checks and paperwork for components that currently pass across open borders.

If, as seems likely, the UK leaves the customs union, those remaining in business will then be hit by tariffs on their exports.

«Notably, he is deeply concerned by how the Conservative leadership has pandered to its right wing over the single market and customs union, leaving which will badly — and needlessly — damage our trade.»

The move - which comes ahead of a major Brexit speech by Jeremy Corbyn next Monday - will enrage many Leave supporters, who say leaving the EU customs union will allow Britain to strike its own trade deals with other countries.

Almost all our arguments - about transition, about the customs union, about EU citizens, about the Irish border - are about the EU working with us to neutralise the risks we have ourselves created by leaving.

Research by Raoul Ruparel, who later became an adviser to Brexit secretary David Davis, estimates that leaving the customs union would reduce GDP by between one and 1.2 % in the long term.

LONDON — Jeremy Corbyn opened a fresh Brexit split inside Labour today after distancing himself from a call by his own Shadow International Trade Secretary for Britain to leave the customs union.

For manufacturers like Honda, leaving the customs union is set to disrupt their «just in time» supply chain by requiring time - consuming checks and paperwork as components pass across currently open borders.

Redwood's argument is that the UK is bound into the EU's trade policy by its membership of the customs union and that the EU's trade policy is to have no agreements with other countries at all — thereby leaving both us and them on back - up WTO trade terms when it comes to the rest of the world.

Gardiner's article this week saying Britain must leave the single market and the customs union in order to deliver Brexit was astonishingly hardline, and sparked a more concrete backlash - including from Sir Keir Starmer and Emily Thornberry, if reports are to be believed, not to mention the swift disownment of his comments by Corbyn's press team.

Or you can leave and stay in the customs union, which would be worth about 4.5 % on GDP, according to an average taken from studies by the Treasury, NIESR and the Centre for Economic Performance, and the London School of Economics.

Later in the interview she insisted «Brexit means Brexit», the phrase made famous by Theresa May in the months before she triggered Article 50, leading to more hard questions about whether Labour wants to stay in the single market and the customs union after Britain leaves the EU in 2019.

Mr Corbyn has been hit by a string of rebellions over Labour's Brexit policy, with around 60 of his MPs bitterly opposed to the party's official position that leaving the EU should also mean quitting the single market and customs union.