EU and US Free Trade Agreements – Effects on UK Construction Equipment Manufacturers of a No Deal

The CEA survey members for Ministerial briefings on the effects on the UK’s construction equipment sector of a potential no deals for Free Trade Agreements (FTAs) with either the EU or US.

Although FTA negotiations with both EU and US trade teams rumble on, December 31st 2020 is now less than 6 months away. As the EU Transition Period finish line draws ever closer, the implications to the UK economy of failing to reach FTAs with either, or both, entities must be considered.

While COVID-19 continues to dominate the news, FTA negotiations with both EU and US trade teams rumble on. December 31st 2020 is now less than 6 months away. As the EU Transition Period finish line draws ever closer, the implications to the UK economy of failing to reach FTAs with either, or both, entities must be considered.

Remember, these trade agreements cover imports as well as exports and affect the supply chain as much as finished equipment. We really value the opinions of our members and strongly urge you to spend a few minutes telling us what you need to see from government in negotiating trade agreements – and what the effects of failing to reach a deal, resulting in trade under WTO rules, would have on your business.

Please click here to complete the survey.