medlocke wrote: ↑
Tue Jul 09, 2019 11:24 am
The UK economy is growing,
public borrowing is down and unemployment is at its lowest since 1975.
The UK economy just shrank for the first time in 7 years.
Facebook, Apple and Google have planned big headquarters in Britain, London has been crowned the world’s most popular city for work and Siemens plan to create 2,000 jobs in the UK. Whilst the good economic news continues, the scare stories about border disruption have been completely torpedoed. The head of the Port of Calais, Jean-Marc Puissesseau, has said they won’t restrict UK trade at all if we leave without a deal. Please can we now end Project Fear?
He's not said that at all. What he has said is he is building the infrastructure to deal with how trade will be restricted. Larry parks and other mechanisms to deal with the issues are what he is setting up. He's also keen his port doesn't lose trade to places like Ostend where ferries sale from Ireland to Ostend direct missing out the UK. He has himself travelled to Dublin and Cork to see about setting up new container routes direct to Calais. Did the Express mention that? No, thought not.
All his plans are to do with trying to protect business at his port, not saving the UK form its own stupidity.
He also knows the Brexiteers jumped on his comments as "proof" that trade would flow on regardless but he will not play your game. It's not up to him how trade flows. If there is "no deal" and customs checks are thus required he can't not make those checks.
There is also the problem of goods arriving into the UK. We have to ensure they are checked so as smuggling can't go into the EU via the back door through Ireland. Jean-Marc Puissesseau might be busy trying to mitigate the impact of Brexit for Calais but we have done nothing.
As to jobs thousands have already been lost as a direct consequence of Brexit and investment into the UK from abroad has .
Nobody else sees us in the drab, declining way we sometimes see ourselves. By contrast, the rest of the world is waiting for Britain to shake off the tin-pot diktats of Brussels and emerge as a global trading giant. Australia, the United Arab Emirates, Canada, Japan, New Zealand and the US want to sign speedy trade deals. Now the Withdrawal Agreement has been voted down, Britain could lower tariffs and have the pick of the world’s markets. Legally we’re on solid ground. The House of Lords EU financial affairs sub-committee published a report arguing that we can leave the EU without paying anything: Brussels would have no realistic chance of getting £40 billion of taxpayers’ cash. Legal expert Martin Howe QC points out that leaving the European Union without a formal deal is not a step into a legal vacuum as our international trade with the European Union will become subject to the same legal regime which currently governs the majority of our export trade to the rest of the world: the rules-based system of the World Trade Organisation.
Absolute nonsense. All of it.
The entire world thinks we have lost our marbles and every country who wants a trade deal wants better terms for them than they get with us being part of the EU. That equals worse terms of us in case you don't realise.
On what planet do you live where you think when we leave the EU the trade deals we will get will be on better
terms than we have now? Which of those countries you mention will give us better terms which by definition makes the terms for them worse? You are just indulging in British exceptionalism thinking we call the shots.
Only a few posts back I pointed out the Canadians have already said they will NOT roll over the CETA terms agreed with the EU.
They won't do it because if the UK does as you say and lowers tariffs that means they will get better terms for THEM. So if the UK is forced to reduce tariffs to offset the effects of crashing out (which will kill of agriculture and manufacturing as Brexiteer economist Minford admits) the Canadians are going to wait and take advantage thank you very much. So are all the other countries.
In any case this master plan to lower tariffs removes any leverage the UK has in any future trade deals. Other countries do not have to reciprocate and if we have unilaterally abolished all import tariffs we cannot due to WTO rules, impose them on a particular country that decided to put tariffs when they import British goods.
As to reneging on the £39 billion the price for a trade deal with the EU will be the £39 billion, the Irish backstop and agreement on citizens rights. There is no such thing as "no deal".
The only difference between "no deal" and a deal is with the latter there would be a transition period while everything is worked out. With "no deal" we just crash out but the minute we go to the EU for a trade deal, which we will, you already know the price.
As WTO rules I can't believe anyone is still quoting that nonsense as a solution. It's been totally discredited. There are no “default terms” Britain can crash out on while at the same time, the UK has been blocked by WTO members (as in those you said were rushing to do a trade deal...) from simply relying on the EU’s “schedule” – its existing tariffs and tariff-free trade quotas.