Stop spoiling a good news story with reality...sheesh

 

the eu tarrfis are higher than wto, its pretty simple really.

 

Oops, someone doesn't understand the tariff system!

 

...and 17.4M other people.

 

so correct me then

 

Have a read of this

 

https://www.bbc.co.uk/news/uk-45112872

the uk can set it's own schedule, which it already has.

 

And that link tells you tarifs are a part of incredibly complex deals that govern all elements of how we trade...it also says it's likely to take considerable time to pit in place.

I have asked you this before, but what benefit does leaving the EU provide you...cos it won't be financial!

 

But we havnt got a deal so the tariffs are set by our Gov. Which they have, as per the link, and are lower

 

That's only tariffs though, that link explains ALL the requirements for WTO; most of which we cannot agree on our own as there is usually at least two people when goods are traded

 

Not in the short term, probably hugely financially beneficial in the long term

 

The EU import tariffs are the WTO tariffs, they cannot be higher!

The WTO does not set tariffs, each country or unified trading block in the case of the EU, sets its own external tariffs. In the absence of any full trade deals or smaller trade agreements between two countries, then the WTO tariffs are applicable.

You cannot set a higher tariff than the WTO tariff for a particular country, whatever you set your WTO tariffs at, everyone gets that rate by default.

If you have a full blown trade deal or a smaller trade agreement then this could reduce or eliminate tariffs for imports from the country you have the deal with, but if you were then to change your WTO tariff to a lower tariff, then this would override the tariff set in the trade deal.

So your statement that "EU tariffs are higher than WTO" is simply not correct!

If we were to leave with no deal, then yes, we could set our own tariffs to zero, which would mean that imports from the UK would not be more expensive, however, it would also mean every other country in the world could import to the UK with zero tariffs. This could be vary dangerous to our domestic producers who are currently competitive in price against other EU countries, but may be somewhat expensive compared to say China. This is the whole reason why tariffs exist in the first place, to protect domestic producers who otherwise could not compete against countries with cheaper labour costs and lower working standards.

The other side is we cannot control the import tariffs of other countries and in particular the EU. That means our exporters immediately become more expensive when exporting to other EU countries or countries with an EU trade deal or trade agreement. The EU currently has many trade deals and agreements in place and is advanced in negotiations of many more. You can see a list of all the EU agreements here!

So, under a no deal Brexit, our domestic producers are very likely to suffer against cheaper imports and also likely to suffer when exporting to any country which was previously covered by an EU trade agreement. Yes, we can then negotiate new trade deals and yes, some deals (likely the ones with smaller countries) will be quite quick, but generally trade deals take years of negotiations and the country with the biggest market will normally get the better deal. The EU as a single market is able to get trade deals which are largely to the advantage of the EU, but the UK on its own is not such a powerful player and would never get a trade deal with any of the big countries that would be better than the EU. A trade deal with the US for example would be largely to our disadvantage, meaning the US would gain more access to the UK market than the UK would gain of the US market.

 

'Probably' (maybe?) if you are wealthy enough to weather the storm, but most aren't in your position are they...

 

We're back to the brexiter shpeel that we are the 5th biggest economy in the world and that the EU can't survive without us

 

we are the fifth biggest economy in the world because we are in the EU.

<Waits for someone to appear and tell us we could be the biggest if we went alone...don't you know we used to rule the world.>

 

worth reposting

for the Brexit thickoes who still seem to bang on about "tariffs"

 

Single market that enforces regularity and standards between each state- no longer described as countries. The free single market which as decimated economies of the southern (states) sorry countries whilst benefiting the stronger northern powerful eg Germany France. Further compounded by free movement- draining the decimated economic countries of youth so vitally needed to train and rebuild their own country.

Until - the federal takeover of each national identity is complete there will never be an EU model worth being part of.

Federal takeover will never be accepted by Germany- because Germany doesnt want to be absorbed, it just wants to sell its goods cheaply to other (states)- sorry countries

Germany is refusing to swallow the additional payments of the UK leaving.

The EU project is dying from within systematically by a rigid system run by a cash swallowing behemoth of an organisation called the EU

The EU market globally is shrinking year on year due to its rigid anti competitive structure against outside countries. Its also at the whim to the two power economic power houses China and USA. USA has a president currently who is rebalancing the global trade as he sees the USA being disadvantaged the EU tariff system. If Trump gets re elected he will turn his full attention on the EU to crush the EUs tariffs . Germany is already feeling the major effect of the tariff battle between china and the USA going into recession this quarter.

Until the EU opens up its markets to the world it will wither, but then again if it did expose lots of its states- sorry countries to the outside many would be destroyed by their low productivity levels.

The EU is dammed if it does and dammed if it doesn't

That's why we are leaving

 

Yeah, that is the exact reason all the uneducated and old give me when I ask them why they voted to leave. Lol

 

Cos Trumps not putting tarrifs , no siree

 

Well yeah but all that's just scaremongering
Pity they didn't put that on the side of a bus. Might have provoked some meaningful discussion instead of vacuous soundbites.

 

Book of project fear volumes 1 and 2.

 

And what's your name for your scare-mongering...project feaces?

 

Where there's muck there's brass

 

Ha, never a truer word spoken in jest

 

Supreme court has unanimously judged the prorogation of parliament was unlawful and is therefore void!

 

Despite him saying he won't resign...I do wonder; the American pole dancing bird noise is very poor timing for him. Shame eh.

 

Oh dear, lol

Must be the end of Cummings?

 

Perhaps...and based on Boris passed behaviours I'd say its not impossible that he will now begin to promise second referendum in an attempt to stay PM longer than Canning

 

i doubt he will, it took 5 court cases to decide so was obviously a very very grey area, it might cost the lawyers that advised him, but i doubt that either tbh

If parliment is recalled then he could now kick it out again without legal challenge, so i doubt it will get recalled.

 

only way he was gonna go was in a GE, and since the wackos over at labour wouldn't called one then things will just carry on