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UK may slash trade tariffs under a no-deal Brexit

Import taxes could be scrapped completely on some goods, but others still be protected, say reports.

Both firms say production of their cars in the UK is at risk if Britain leaves the EU without a deal.

Toyota Europe boss says a no-deal Brexit would make it hard for it to build cars at Burnaston.

It says there is "little evidence" that businesses are "preparing in earnest for a no-deal scenario".

The aerospace trade body joins other business groups in warning over continuing Brexit uncertainty.

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