German manufacturers last night demanded that Britain be allowed to continue trading with the EU without any barriers.
The car-making industry said punishing Britain makes no sense – and it called on the German chancellor to give the UK a favourable trade deal.
Eurosceptics have repeatedly argued it is not in the EU’s interests to bring in tariffs as the UK imports more from Europe than it exports, and any weakening of the British economy would also have a ripple effect on Europe.
Matthias Wissmann, of the German Association of the Automotive Industry (VDA), said: ‘Even if many “experts” are competing to paint the worst possible scenario, now is the time for calmness.
Loughborough at number one