Don't underestimate damage a hard Brexit could cause

摘要

In this issue's Profit from Dairy, John Allen from Kite Consulting looks at the global outlook for UK dairying and the effect Brexit could have on the industry.We shouldn't underestimate the financial shock a hard Brexit could cause to our industry.A hard Brexit would result in no trade agreements and, for a short while at least, we could be faced with a challenging situation where we have virtually no import tariffs on foodstuffs entering the country, but have significant tariffs on goods being exported.