It’s a nightmare unfolding for German Chancellor Angela Merkel, as Germans could see jobs cut by the hundreds of thousands if a trade deal is not met with the UK.
As the UK left the EU, some members of the leave party had stated “they export to us more than we do to them”, so in other words, they need us more than we need them. Marc Biese, chief political analyst for the broadsheet Sueddeutsche Zeitung newspaper, urged Germans to think carefully of the economic benefits a trade deal between the UK would be as trade deficit was laid out between the UK and Germany.
The figures show that the country sold 89 billion Euros (£73.5bn) worth of products to customers on our shores, whilst British industries exported just 38 billion euros (£31.4bn) in reply.
Biese had warned the public that it would be a “huge mistake” for European leaders to force Britain to speed up its process of leaving the EU without a proper trade deals in place.
“In Germany there is a very vivid industrial sector that maintains intensive trade deals with the UK.
“These are altogether crucial industries, 750,000 jobs are connected to these. This take ins the entire car industry, we sell an incredible amount of cars to Britain.
“It includes distant engineering, the pharmaceutical industry, IT, the food industries. So very big areas in which a lot of bills is turned over.”
“This is why we can’t, for penurious reasons, give in to rage, be angry, be offended, we just can’t afford to. We need to maintain the dialogue with Britain and what is good for the economy require someday also be good for politics.”
There is so much to be seen on the road ahead after this big decision. Some could say a possible British “boom” has yet to reveal itself. One thing is for certain, Euroscepticism has risen in the nations of the EU in most nationalist parties.