Comments by "Neodym" (@neodym5809) on "Does the EU Need a Deal with Britain: Can Europe Cope with a No Deal Brexit? - TLDR News" video.
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Tariffs are not the main issue that will drive costs. Take medicine: The cost to certify a new drug is significant, no matter the market size. Currently, if a drug is certified in one EU country, it can be sold in all. From next year on, a drug has both to be certified in the EU and UK, costing similar. If it is a drug for a disease only few people get, it might not be worth it to certify it for the UK market, so the drug will not become available.
Take chemicals: to register a chemical, extensive testing and certification is necessary. If it is chemical the UK does not use much, it might not be worth it, so the UK gets cut of this supply as well.
Aviation: every piece of equipment requires certification. UK certification's will no longer be valid in the EU next year, so every product you want to sell in the EU and UK will double in certification costs.
Foods: sanitary and phytosanitary checks will become necessary. These are not tariffs, but expensive, as documentation, experts and labs are required, as well as delays in shipment.
Tariffs are a minor issue compared to mutual recognition of standards.
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