James Forsyth, writing in his Spectator blog claims Brexit insiders are saying Nissan will announce this week that Sunderland will build the new Quashqai. Whether this is true or not we wait to find out. For Sunderland's sake let us hope it is.
However, Mr Forsyth (HERE) is saying that government was able to give "robust assurances" that there will be tariff free trade after Brexit and were "fully confident" they would not need to pay any compensation.
But think about this. Tariff free trade is not in the government's gift and if compensation has to be paid other manufacturers will want the same. This will mean the British taxpayer will have to pay tariffs on imports from the EU and compensate manufacturers for tariffs on exports to the EU. Looks like a lose-lose situation to me.
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