Boris Johnson warns EU against 'Napoleonic' tariffs

Video Credit: Reuters Studio
Published on June 25, 2019 - Duration: 01:25s

Boris Johnson warns EU against 'Napoleonic' tariffs

Boris Johnson - the favorite to become the UK's next prime minister - says he would lead the country out of the European Union without a deal by 31 October if necessary, but warned the bloc against imposing tariffs.

Gracie Jerome reports.


Boris Johnson warns EU against 'Napoleonic' tariffs

The man who bookies rank as most likely to become the next British prime minister is warning the EU against possible trade tariffs, the likes of which go back to a very different era -- the 19th century.

(SOUNDBITE) (English) CONSERVATIVE LEADERSHIP CANDIDATE BORIS JOHNSON, SAYING: "we haven't had an interruption to trade between the UK and the continent for years and years and years, and I think it'll be very bizarre if the EU should decide on their own, if we wouldn't put up ties but if they decided to impose tariffs on goods coming from the, from the UK it'd be the first time, you know, it'd be a return to the Napoleon's Continental System and it wouldn't be in the interests of their businesses, let alone their consumers." Boris Johnson is talking about tariffs in a no-deal Brexit scenario.

Its because the governor of the Bank of England Mark Carney stepped into the debate last week.

He says that claims made by Johnson's that tariffs could be avoided even in a no-deal Brexit are false.

Meanwhile, Johnson's rival for Downing Street Jeremy Hunt is saying that his own Brexit plan might not be so different from Johnson.

Even though he has called Johnson a "coward" for avoiding a televised debate with him.

(SOUNDBITE) (English) CONSERVATIVE LEADERSHIP CANDIDATE JEREMY HUNT, SAYING: "The plan may be similar, the person is not.

See you later guys." Unlike Johnson, Hunt campaigned to remain in the EU three years ago.

The Conservative Party announced on Tuesday (June 25) the UK's new leader will be named on the 23rd of July.

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