European Union: Supply Chain and Taro Kono

european union: The Japanese foreign minister, Taro Kono, said on Tuesday that it was absolutely necessary for the UK to avoid crashing out of the European Union without a deal, according to The Guardian. Honda announced on Tuesday that it would close its Swindon manufacturing plant in 2021, bringing with it the direct loss of 3,500 jobs and potentially thousands more in the supply chain. The Japanese government has become increasingly vocal in recent weeks about the damage a no-deal Brexit would cause, while a number of big Japanese corporations have announced restructures. Honda cited unprecedented changes in the automotive industry and said it was not a Brexit-related issue for us . This point was reiterated by Justin Tomlinson, the Conservative MP for North Swindon and Brexit backer. How are Honda supposed to calculate the costs and benefits of staying in the UK in the overall global context against such lack of clarity on the future terms of trade Warren said Brexit supporters who seized on Honda's statement were missing the point. But Sir David Warren, the British ambassador to Japan from 2008 to 2012, told the Guardian The idea that Brexit uncertainty is irrelevant to this is fanciful. (news.financializer.com). As reported in the news.