The FUW says failure by the UK and EU to reach a trade deal in the coming days would be catastrophic for industries and entire communities in Wales and across the UK and must be avoided at all costs.
FUW President Glyn Roberts said: “Even if there is a trade deal with the EU, industries are facing major challenges from non-tariff barriers at borders, with additional costs for agricultural exports estimated to be up to 10% not to mention major disruptions and practical obstacles to the flow of goods.
“These already worrying impacts will increase many fold if we fail to reach a trade agreement, in particular as a result of the tariffs that will be charged on our exports. The viability and very survival of businesses and the supply chains and jobs they support depends on a deal being struck, and talk of an ‘Australia-style deal’ is just a euphemism for a damaging no-deal.”