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WTO tariffs would cost the British auto industry billions - Brexit explained

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Britain's auto industry appeals to Boris Johnson not to leave the European Union without a trade deal.
Time is running out.

Great Britain's exit from the European Union is approaching and the two sides have still not agreed on future trade relations.
The transition phase, which the UK is still in until the end of the year, ends on January 1st 2021.
After that, the country would revert to the rules of the World Trade Organization (WTO) without a new trade agreement.

Brexit happened on January 31st 2020 when the United Kingdom formally left the institutions of the European Union.

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