Re: Not going well for Trade deals.
Originally Posted by
JBR
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I'm afraid that, in their eagerness to convince us that the sky will fall down, they are not listening to you.
If we should end up having a trade agreement with the US, it doesn't mean that everyone here will buy chlorinated chicken. Some will prefer to buy chicken from other sources, including our own, even if they cost more; others will opt for something else such as New Zealand lamb.
I also believe that, despite all their threats and bluster, the EU will be forced to agree a trade deal with us after Brexit. The German car manufacturers and the French wine and cheese makers will see to that or they will lose a market beneficial to them.
Japanese cars are very good - expect to see more of them on our streets. South African and Australian wines are very good - expect to drink more of them. Even the self opinionated EU mandarins will realise that.
Hi
Not everything is as simple as some think.
The EU are not blustering, the UK is.
It is our Government which is shouting no deal is better than a bad deal,not the EU.
A threat we simply cannot carry out, hence us going begging for an extension for 20 months.
The EU is a much bigger economy than the UK, so any Trade Deal will be driven by them, that is how these things work the World over.
Of course we will get a Trade Deal with the EU, it will cover manufactured goods and agricultural products, that suits both of us.
They will hammer us on Services, our biggest export.
The issue is not the EU, but the 40 odd Countries we already have Trade Deals with as part of the EU.
Japan and South Korea are two of the very big economies involved.
We need to sort all these out before we do anything else.
As regards wine, Chilean wine is already Tariff Free as part of a Trade we have as part of the EU.
The WTO Duty on wine is £27.90 per 100 litres, or 133 bottles.
Hardly likely to cause problems for the French or Spanish.
As regards cars, under WTO Rules there is a Most Favoured Nation Status Rule.
If we allow Japanese and Korean Cars in Tariff Free, we will have to allow German and French Cars in Tariff Free as well.
Hence the need for Free Trade Deals to avoid WTO Rules.