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Does Brexit mean higher prices for car parts?

It appears that the EU is working hard to make things as uncomfortable as possible for the UK, possibly to discourage other EU countries from leaving the union. That includes a tarrif on cars and car parts. Which means that we have seen an increase in prices.

But we have a trade deal with China don't we? The difficulty is that the deal in place is not as good as the one that was negotiated with the whole of the EU. Which means that we are seeing prices increase.

Shipping alone is packing a fearful punch on the prices. A 40 foot container from ASIA used to cost around $2,000 to ship - that figure has soared to $9,000.

Part Brexit - part Coronavirus but it does mean price increases - let's hope things settle down soon



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