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WTO sees Brexit costing UK billions in trade tariffs

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


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...

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