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WTO sees Brexit costing UK billions in trade tariffs

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"Pretty much all of the UK's trade (with the world) would somehow have to be negotiated," says Mr Azevedo.

Geneva

LEAVING the European Union would cost British consumers £9 billion (S$18.3 billion) in annual additional import tariffs, World Trade Organization chief Roberto Azevedo said in an interview published by the Financial Times on Wednesday.

Britain's exports would also be