Very concerning to see this r.e. triangular cumulation for car components (vital for the North East automotive sector) but unfortunately not a surprise. As has been mentioned a number of times, what we are asking for has never been done before in a Free Trade Agreement. https://twitter.com/faisalislam/status/1311181299206565889
Hard to see why if this ends up being the case and you, theoretically of course, had to choose between investing in a plant in the North East of England and let's say, Barcelona, that you would choose the former.
Also important to see any future developments on EV components in any deal. Our region is a huge contributer to British and European EV production, but many components are currently only sourced from Japan - can this realistically change in the next few months or will there be...
some wiggle room in a deal?
Usually defer to our very own Rules of Origin expert @NEEChamberJack who I'm sure is coming up with a plan to save the day as we speak
Usually defer to our very own Rules of Origin expert @NEEChamberJack who I'm sure is coming up with a plan to save the day as we speak