U.K. Prosecco, Parmesan Supplies Face Double Threat

The video discusses the impact of Brexit and COVID-19 on the import of Italian foods to the UK. It highlights the challenges posed by tariffs and the uncertainty surrounding Brexit negotiations. The combination of these factors, along with COVID-19, has led to increased costs and potential shortages. The speaker emphasizes the importance of being prepared for these challenges, noting the company's efforts during the first wave of COVID-19 and the ongoing uncertainty of Brexit negotiations.

What is a significant consequence of a no-deal Brexit for Italian food imports to the UK?

• Decrease in product quality

• Elimination of tariffs

• Introduction of tariffs

• Increase in product variety

What are DOP products, and why are they significant in the context of Brexit?

• Products that can be made anywhere

• Products made only in the UK

• Products that are tariff-free

• Products unique to Italy and made only there

How has COVID-19 affected the demand for products?

• Decreased demand due to lockdowns

• Increased demand due to stockpiling

• No change in demand

• Demand shifted to online only

What is a major challenge faced by companies due to Brexit?

• Uncertainty of trade deals

• Certainty of trade deals

• Increase in workforce

• Decrease in product costs

How did companies manage during the first wave of COVID-19?

• They stopped operations completely

• They tackled big problems despite being unprepared

• They faced no challenges

• They were fully prepared