At what level might tariffs be set after a “hard Brexit”?

If the British opt for a "hard Brexit", trade between the UK and Germany will in future be subject to the WTO rules that apply to all other members of the World Trade Organisation as well. That could mean a 10 % tariff on German cars that are being traded freely today, for example. For many of Germany's classic export industries, however, lower tariffs would tend to apply, such as 0 to 4 % on machinery and equipment products. Germany's industries would be capable of handling a hard Brexit – even if some companies with a focus on business in the UK would definitely suffer, and even if the country is Germany's third biggest export market. But a hard Brexit would hit the UK economy much harder: among other things, the country is dependent on imports because of its low industrial capacity.

At what level might tariffs be set after a “hard Brexit”?(PDF, 62 KB, non-accessible)