WTO tariffs not a barrier to financial success or trading with Europe, says billionaire founder Sir James Dyson, the billionaire investor, has played down concerns that a "hard Brexit" could harm the UK economy by claiming that World Trade Organisation tariffs have not prevented his technology company from achieving record financial results. Dyson said that WTO tariffs - which range from 5% to 10% - had "not held us back at all" and were a "tiny penalty to pay" for trading with Europe.
Dyson plays down hard Brexit concerns as company posts £2.5bn record sales
The Guardian - 27 Mar 2017 07:00
WTO tariffs not a barrier to financial success or trading with Europe, says billionaire founder Sir James Dyson, the billionaire investor, has played down concerns that a "hard Brexit" could harm the UK economy by claiming that World Trade Organisation tariffs have not prevented his technology company from achieving record financial results. Dyson said that WTO tariffs - which range from 5% to 10% - had "not held us back at all" and were a "tiny penalty to pay" for trading with Europe.
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