LONDON | The Latest: No-deal Brexit to affect 100,000 German jobs

11Feb - by Editor - 0 - In STL.News

LONDON (AP) — The Latest on Britain’s plans to leave the European Union (all times local):

1:10 p.m.
Economists say a no-deal Brexit would affect more than 100,000 jobs in Germany that depend on trade with Britain, with the auto industry hardest hit.

The researchers at the Halle Institute for Economic Research said Monday they modelled what would happen if British imports from the European Union fell 25 percent due to lack of a negotiated trade arrangement.

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