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But the stickiness of geography for finance and autos are very different. Replicating a segment of London's financial sector in Frankfurt is easier than replica
by throwawaysocks 10y ago
But the stickiness of geography for finance and autos are very different. Replicating a segment of London's financial sector in Frankfurt is easier than replicating BMW/VW to UK.
- smm2000 10y agoCars are ultimate commodity - you can buy Lexus or BMW and they are mostly equivalent. I am sure Toyota or Honda will be happy to sell cars in UK. Import to UK from EU is almost 1.5x higher than reverse. Tariffs will cost EU more than UK.