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German Finance Minister: A no-deal Brexit would not be good

German Finance Minister Olaf Scholz, while talking to media, said London is yet to come up with substantial proposals to avert a no-deal exit, which would primarily hurt the British, but will also have a negative impact on Germany.  

Key quotes

New tariffs and additional tariff controls could lead to delays in trade

Britain is planning to leave the EU on Oct. 31.  

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