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Post by Vinny on Nov 29, 2022 12:41:06 GMT
The UK was doing less trade with the EU and more trade with the world, despite tariffs.
Our trade with the USA had increased to as near as makes no difference £100,000,000,000 despite no free trade agreement in place.
The EU is badly run, has one size fits non customs rules and lots more problems as well.
They introduced free movement before economic parity or wage parity had been achieved, causing monumental problems with poverty migration.
I'm glad we're out.
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Post by oracle75 on Nov 29, 2022 12:55:15 GMT
The EU only creates the opportunity for members to trade on favourable terms. If UK business doesn't take advantage of that, then that is the fault of the UK management or long term government policy. If you want to mention that UK/Eu trade had declined as a percentage of its global trade, that is because the EU made many trade deals to open up that trade so the 27 other EU countries became a comparatively smaller percentage of overall trade. The same happened in all other EU countries. I hope the government holds into the EU deals it rolled over. Anymore of Truss like deals will bankrupt the nation. That is the problem with the EU. It was never just content in making trade favourable amongst its members. It was political and co-governed national democracies that required exorbitant fees and huge financial wastage like the CAP. It also demanded in return for the 'favourable' trade unfettered migration, judicial oversight and a great deal of oversight in many other areas. I wonder what the 3000 Dutch farmers are thinking about EU law after the Dutch government declared it would compulsory purchase their lands at a critical time when food security and inflation are a serious concern. When all is weighed up, I believe Britain was right to leave this technocratic regime. It's now the UK's sole responsibility to make Brexit work. I have no knowledge of the terms involved in whatever this plan is. The Netherlands is not known for compulsory purchase or passing such laws without a democratic decision. These sorts of stories ate usually covered by the press as some one off backed by nothing but imagination to fill in the blanks. I can say nothing more on the subject due to lack of information. |
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Post by Vinny on Nov 29, 2022 13:07:13 GMT
Gaining knowledge made me unhappy with the EU, it started with the Maastricht debates.
I am a Maastricht rebel.
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Post by oracle75 on Nov 29, 2022 13:11:11 GMT
The UK was doing less trade with the EU and more trade with the world, despite tariffs. Our trade with the USA had increased to as near as makes no difference £100,000,000,000 despite no free trade agreement in place. The EU is badly run, has one size fits non customs rules and lots more problems as well. They introduced free movement before economic parity or wage parity had been achieved, causing monumental problems with poverty migration. I'm glad we're out. Once more. Imagine one supermarket in a town. People who live there do 100% of their shopping there. Then another supermarket is built in town. 66% still shop in the first. 33% go to the new one. Then another one is built and 33% stay with the old one and 66% go to one of the other two. It is true that trade with the first has dropped 66% and trade with the other two has gone up 66%. Just as you said, trade with the EU has gone down and with the ROW has gone up. Except that this time, the EU wrote the deals which have made that happen.members being to the EU IN ORDER THAT THEIR TRADE WITH THE ROW GROWS. I am not prepared to discuss such flippant remarks like "it is badly run" and your comment about one size fits non customs rules doesn't make sense. Over time the unnecessary issues Brexit has created will make the country poorer and less able deal with serious world issues. Finally I have to say that there has been talk of various forms of changing the relationship between the UK and the EU. The UK has still not understood that the EU is in no hurry to get any closer in any way to the UK. |
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Post by Vinny on Nov 29, 2022 13:19:24 GMT
I already explained, in 2016 there was no EU deal with the USA and yet we were selling £99,600,000,000 in exports to the USA despite tariffs.
There was no EU deal with Japan in force but exports were £12,500,000,000 there was none with Australia but exports were £8,600,000,000.
£284,100,000,000 worth of exports to the rest of the world and growing.
We did not need to be in the EU to trade with them and could not negotiate our own FTAs.
£235,800,000,000 worth of exports to the EU and falling.
Declining market.
We're still trading with them, but no scenario was going to improve the relationship with them.
£27,500,000,000 worth of exports to EFTA, situation mirrored.
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Post by oracle75 on Nov 29, 2022 13:43:30 GMT
I already explained, in 2016 there was no EU deal with the USA and yet we were selling £99,600,000,000 in exports to the USA despite tariffs. There was no EU deal with Japan in force but £12,500,000,000 there was none with Australia but £8,600,000,000 £284,100,000,000 worth of exports to the rest of the world. We did not need to be in the EU to trade with them and could not negotiate our own FTAs. £235,800,000,000 worth of exports to the EU and falling. Declining market. We're still trading with them, but no scenario was going to improve the relationship with them. £27,500,000,000 worth of exports to EFTA, situation mirrored. The EU and the US have always been huge trading partners. In fact one of the largest, through various deals reminiscent of Swiss bilateral deals. Even Truss close working partners have said that the Australia deal was poor for the UK and this is reflected in what farmers are saying. Fishermen are calculated to have lost 50% of their pre 2016 profit. I believe the Japan deal if used fully would add .08% to the UK GDP. As I said before, making a deal is one thing. It means nothing if management doesnt use the deal. What good is a deal with any country if management doesn't sell into that country? And their problem is poor British productivity, poor inward international investment because the country's reputation for stability in business and government is low, because the UK has not kept up with new unique and expensive research while the EU and USA has, because emerging markets are more interesting as populations become richer, and because in 10 years time that huge Asia Pacific trade block is going to blow small economies out of the water. Quite frankly I would rather be inside a European one than one dominated by China on the other side of the world. The emotional responses stirred up by a group of power hungry liars , so quickly proven to be as superficially as Boris'Brexit, hasn't taken long to stand naked in the street. ISTM you think it is still wearing robes. And it is not a happy place to be in. I thought that whatever the outcome, the UK would be OK. Because like most people, it always was. Now I am quite convinced it won't be OK.Not nearly as OK as it could be. |
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Post by Vinny on Nov 29, 2022 14:03:07 GMT
The USA is a good partner we could do far more trade with it than we were doing in 2016.
Australia could be a good partner, maybe the deal isn't right, but them as a country are.
And you're forgetting something.
We look to the future with a need for fuel.
Australia is one of the best places in the world to provide it.
It is stable, has a huge amount of sunkissed land, ideal for solar powered hydrogen and hydrocarbon production.
We need an FTA with Australia. We need to improve relations with the Commonwealth.
Membership of the EU was not working.
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Post by Pacifico on Nov 29, 2022 17:50:21 GMT
"Six years on from the UK’s decision to leave the European Union, Brexit is still proving the biggest headache for British businesses, ranking even higher than Russia’s war in Ukraine, Covid or rising energy costs."Good bit of hyperbole from Bloomberg considering that 90% of British businesses dont trade with the EU... so the biggest headache for British business? - not by a long chalk..  Well they don't anymore. If the country was interested in growth as it says, the country should be VERY WORRIED about that figure. If all you are interested in is growth then trading with the slowest growing trading bloc on the planet would not be top of your to-do list. |
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