| The Comments |
It must have been a nightmare for Canada trying to get a deal with all the countries of the EU. That's why it took 7 years.
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We import 53% from the EU and we export approximately 12% to the EU, so the way I see it as we hold one hell of a big bargaining chip.
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windtalker 53% and 12% of what?
So we need to buy 53% from EU and with no free trade deal, prices go up for Uk consumers and businesses simple really
where else will the UK be able to buy this 53% from tariff free?
no real bargaining chip
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“The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge”
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From the start to this point there has been so much emotion on the part of Remainers and Leavers, none of which have really taken the time to think about the emotions of the remaining EU citizen's.
I am astonished at the idea that Leavers expect the remaining EU citizen's to throw open their arms and welcome a new deal from the UK.
Brexit has been often likened to a Divorce. Well, if you know anything about divorce you will realise that the person who gets dumped (EU) is very unlikely to want the person who jilted them (UK) to get a good financial deal.
Of course this is all helped along by our marrige counsellor...Boris Johnson.
We are going to get so done over in this deal...
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pp, how many EU citizens, Italian wine labourers, Spanish Olive Oil fermenters, German car workers, French cheese makers, gave a clue about the EU rules and regulations except how it affects their everyday lives.
Most will not care a damn about membership of the EU, they concentrate in making and selling what they do best and will be even more upset when the powers tgat be tell them
You have to add 10% tariffs to sell to the UK
ThecUK is a no go zone.
The speech makers and leaders in the EU can speak to the press and telly as much as they like, it does not mean, working citizens will support their stance.
Most of it is bluster and annoyance that their cost scheme has been thwarted by U.K. Citizens seeing through it.
We are still not leaving Europe or threatening to take our troops and military power out, we just want to alter the terms of trade, so that our economy is not as stagnant as the EUs has been for 8 years.
Ask yourself what all the QE introduced by the ECB will do down the line to the bonds of the PIGS nations and how do you think these nations pay their way.
The EU is heading for financial meltdown if Donald doesn't make it happen first.
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Suggest you all listen to TM's speech at the World Economic Forum in Davos...
https://www.theguardian.com/business/live/2017/jan/19/davos-2017-theresa-may-addresses-the-world-economic-forum-business-live
Where she spoke of a rules based global order with greater emphasis on social inclusion but also the need for a manifesto for change.
This is an optimistic wake-up call, which if embraced with proactivity to address the need for a fairer rules based global order, where global companies pay greater attention to shaping policies to give back to communities, playing by different rules with good corporate governance, then the opportunities to diminish social unrest are boundless. She spoke with honesty and a desire for mutual benefit with intent to improve citizen's lives....
This message was last edited by ads on 19/01/2017.
This message was last edited by ads on 19/01/2017.
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Tadd1966 we are forced to buy from the EU as we are a member we cannot do our own trade deal's and I am sure you already new this , any country that does not give the UK a tariff free trade deal would be crazy with one of the worlds largest cheque books being wave in front of their nose who on earth is going to refuse think about it according to EU rule's the UK cannot start any trade deal talks until they have left in two year time this is bollocks ,when we leave the EU we will leave running not walking backwards statements like this is why I voted OUT.
This message was last edited by windtalker on 19/01/2017.
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windtalker
as said before we are NOT forced to buy anything from the EU
any country that does not give the UK a tariff free trade deal would be crazy
Really - the EU market is far bigger for these other countries yet they do not get a tariff free trade deal and I think the EU block has a larger cheque book than the UK. Other countries such as USA have much bigger cheque books than the UK and they don't get tarrif free trade deals from these countries
You might want to take a look at this
http://www.worldstopexports.com/united-kingdoms-top-exports/
here is an extract
UK Imports
From a continental perspective, 59.1% of United Kingdom’s total imports by value in 2015 were purchased from other European countries. Asian trade partners supplied 22.7% of import sales to United Kingdom while 11.6% worth originated from North America
UK Exports
From a continental perspective, 53.6% of UK exports by value are delivered to European trade partners while 22.5% are sold to Asian importers. United Kingdom ships another 16.1% to North America but just 2.6% to Africa.
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“The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge”
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If Scotland left the UK would they also be denied access to UK TV broadcasting?.
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Tadd1966 the UK is currently band under EU rule's of membership from doing tariff free trade deals with any other part of the world other than 27 members,but not for long as soon as the UK leaves the EU we will be open for unrestricted trade deals with the whole world what that means is we will buy your imports if you buy our exports how bad is that .the USA have been trying to come to a tariff free trade deal with the EU for the last 10 years and failed as all the EU members cannot come to a agreement ,the UK is in talks with the USA and it has been stated it will take only 90 days to pass the trade deal with the UK and The USA.
This message was last edited by windtalker on 19/01/2017.
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windtalker
Yes but that does NOT ban the UK from buying outside of EU or FORCE the UK to buy for EU
I keep asking why would any country give the UK a better trade deal with the UK than they do with other countries EU or non EU? RoW is a far bigger market?
What has the UK really got to offer them?
What are thy going to ask for in return - it win't be one way?
Who are these countries?
What tarrif free deal deals do they currently have with non EU countires who have big cheque books?
Maybe they will give the same deal to the RoW (inclduing the EU) and the Uk would not have acheievd that much in increase revenues or sales
I am not saying it won't happen but it won't be as black and white or as easy as some are thinking and it certainly won't be the holy grail of global trade or unique to the UK
If the outcome is global tarrif free trade then is that a bad thing or not
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“The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge”
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The Guardian 'gutter press' hardly.
You might note that the gutter is always on the left in the UK!
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If you imagine for one moment the USA will sign a trade deal more favorable to the UK and not to the US then read Trumps book 'The Art of the Deal'.
Britain has threatened the EU with creating an Island tax haven if they dont get their own way in the negotiations. Can anyone imagine the remainiong EU nations allowing their companies and capital to relocate to the UK without responding in some way? Would Britain’s new American ally, which has threatened its own companies if they send their profits off shore, allow May to transform her country into some kind of aircraft carrier for tax optimisation?
The leaders of the 27 states of the EU have more to lose if they agree a favorable deal with Britain. It would reinforce their own Eurosceptic populations and increase political pressure on themselves.
If the 27 member parliaments fail to ratify any agreement in the two year period after artricle 50 then it's a cliff edge Brexit with all that means. Britain will be out in the cold. They will then be faced with desparately passing round the hat to any nation willing to sign a trade deal with them.
In the Trump view of world business that is the the worst possible of all positions.
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Time is the school in which we learn
Time is the fire in which we burn.
Delmore Schwartz.
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I don't know the details, but why can't we have a trade (free) deal with the EU similar to the one they have signed with Canada?
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Because it took about 7 years to agree
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We do not start from the same position as Canada, we already have free trade. We just need an agreement where we do not move from that position.
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The leaders of the 27 states of the EU have more to lose if they agree a favorable deal with Britain. It would reinforce their own Eurosceptic populations and increase political pressure on themselves.
But if they really do want to penalise us (and there is little logic in it) then they are between a rock and a hard place. Damaging us economically will damage them more and they (particularly the southern counties) are already in a bad way. There is also no way that the more prosperous northern states will want to damage their export trade with the UK.
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If the 27 member parliaments fail to ratify any agreement in the two year period after artricle 50 then it's a cliff edge Brexit with all that means. Britain will be out in the cold. They will then be faced with desparately passing round the hat to any nation willing to sign a trade deal with them.
The two year period is just that. Two years after article 50 has been initiated we are out. If there is no agreement, because some states do not ratify it, then we a stuck with the staus quo. There would be no logic in moving to WTA rules for either side, even though it does remain an option, because both sides would have too much to loose. Both we and the EU would probably be better off reacting to any changes by either side on a case by case basis. I suspect that failing to ratify a deal would actually be better for the UK than the EU. A transitional deal could result in continued UK payments on a sliding scale. The possibility of a sudden loss of this income should concentrate EU minds.
This message was last edited by tteedd on 19/01/2017.
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But if they really do want to penalise us (and there is little logic in it) then they are between a rock and a hard place. Damaging us economically will damage them more and they (particularly the southern counties) are already in a bad way. There is also no way that the more prosperous northern states will want to damage their export trade with the UK.
How will it damge them more I don't see that - they will still trade with the UK.
If no free tariff trade is agreed then all they will do is pass on any tariff costs to the UK consumer and businesses
The EU can buy just about anything they buy from the UK within the EU or RoW.
Sales to the Uk from the EU may reduce if the UK can find somewhere else to buy from but at the end of the day the EU can also explore other RoW markets just as the UK can
The UK really need to take a reality check as the UK PLC does not have a solid product or manufcaturing base or uniqueness to offer anyone - the banking sector have alreday started to move who will be next
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“The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge”
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Tteedd your last post reads like we will be all walking about the UK with our arse hanging out of our trousers withing two year's , let me tell you any country that attempts to bring down another country by shutting down it's economy would be creating a act of war. The UK went to war over Tea and Rubber in the passed.
This message was last edited by windtalker on 19/01/2017.
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Mickeyfinn you stated ". It would reinforce their own Eurosceptic populations and increase political pressure on themselves'.....Is it too much to expect that they pay heed to these voices and reform by addressing serious concerns in this process?
Is it beyond the remit of EU bureaucrats to comprehend this undeniable reality of citizen discontent?
Do they seriously think that penalising the UK and in that process not only ignore their own citizens discontent with the status quo but also place additional burden on large sections of their citizens ( southern states) through their intransigence to seek mutually beneficial trading outcomes with the UK, that this is in any way preferable?
Without wishing a proliferation of discontent do you not see how this could lead to division and growth of unrest from within the remaining member states?
It sadly doesn't make any logical or for that matter moral common sense, especially when it has been stated on the world stage that the UK is keen for the EU to make progress, that BREXIT is not an attempt to undermine the EU, but to recognise that the UK are different by placing great emphasis on restoration of Parliamentary democracy, taking decisions for themselves, being.profoundly internationalist In nature, always looking globally, have been proud of being highly multicultural, etc.
We all have to play our part and not let divisive elements destroy a good relationship and we should pressure our leaders both at EU and national levels to seek mutually beneficial outcomes.
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UK arospace steels are the best in the world, Germany is good at cast iron and fabrication steels, but leaves the rest to the best. Quality clothing and furnishing fabrics are another UK winner, as is our financial services sector, makes you wonder how bad the rest of the EU's banking sector is doesn't it?
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Dead right Destry like Payment Protection Plans.
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