Re: UK Global Tarrifs
Originally Posted by
Bread
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The EU is not our biggest export market, your making things up.
EU exports from the UK account for about 5 to 7.5% of our GDP.
Do you ever read anything properly ?
Taken as a bloc, the EU is the UK's largest trading partner. In 2018 the EU accounted for 45% of UK exports and 53% imports and 7 of the UK's 10 largest export markets and sources of imports.
https://commonslibrary.parliament.uk...ings/cbp-7851/
GDP can be analysed in terms of the output produced of different industries of the economy and by expenditure on goods and services made by households, businesses and the government.
Services are the sector that account for the largest part of the economy – in 2018, they accounted for 80% of economic output, the production sector for 14%, construction for 6% and agriculture for 1%.
https://commonslibrary.parliament.uk...fings/sn02787/
As you see, different entities. I suggest you do a lot of reading and educate yourself.