So Brexit seems to be a good thing then.
#4502
Scooby Senior
Depending where you import from, the tariff may not even be applicable. Thanks to the recent EU/Japan and EU/Canada deals, if you import from Canada or Japan, you'll currently pay 0% import tariffs (although you still need to pay 20% VAT).
#4503
18 June 1815 - Waterloo
iTrader: (31)
EU import tax on a gearbox from a 3rd country is currently 4.5%. So if the UK cuts import tariffs to 0% when it leaves the EU, then you'll save 4.5% import tariffs.... but you'll still have to pay 20% VAT!
Depending where you import from, the tariff may not even be applicable. Thanks to the recent EU/Japan and EU/Canada deals, if you import from Canada or Japan, you'll currently pay 0% import tariffs (although you still need to pay 20% VAT).
Depending where you import from, the tariff may not even be applicable. Thanks to the recent EU/Japan and EU/Canada deals, if you import from Canada or Japan, you'll currently pay 0% import tariffs (although you still need to pay 20% VAT).
Depending on the Classification it will take 4 to 6 years on some items and as long as 10 on others.
http://trade.ec.europa.eu/doclib/doc...9.pdf#page=103
And Canada is not all sweetness and light.
It is not a customs union or single market so the two parties are free to do trade deals with any other country - post BREXIT UK?
It does not remove border controls, but it encourages the use of advanced electronic checking to speed customs clearance - NI perhaps?
CETA does little for trade in financial services that is not covered by World Trade Organization rules that both sides are already signed up to.
Canadian financial companies will not get "passporting", which would allow them to sell their products across the 28 nations of the EU. The same limitations apply for EU banks in Canada.
Tariffs will remain on poultry, meat and eggs. Several other agri-products will be given quotas. For instance, the EU will allow Canadians to export increasing amounts of duty-free meat to the EU - up to 80,000 tonnes of pork, 50,000 tonnes of beef - as well as 100,000 tonnes of wheat.
Last edited by The Trooper 1815; 15 March 2019 at 12:12 PM.
#4504
Scooby Senior
The EU/Japan and EU/Canada deals are not in place, and won't be for a number of years.
Depending on the Classification it will take 4 to 6 years on some items and as long as 10 on others.
http://trade.ec.europa.eu/doclib/doc...9.pdf#page=103
And Canada is not all sweetness and light.
It is not a customs union or single market so the two parties are free to do trade deals with any other country - post BREXIT UK?
It does not remove border controls, but it encourages the use of advanced electronic checking to speed customs clearance - NI perhaps?
CETA does little for trade in financial services that is not covered by World Trade Organization rules that both sides are already signed up to.
Canadian financial companies will not get "passporting", which would allow them to sell their products across the 28 nations of the EU. The same limitations apply for EU banks in Canada.
Tariffs will remain on poultry, meat and eggs. Several other agri-products will be given quotas. For instance, the EU will allow Canadians to export increasing amounts of duty-free meat to the EU - up to 80,000 tonnes of pork, 50,000 tonnes of beef - as well as 100,000 tonnes of wheat.
Depending on the Classification it will take 4 to 6 years on some items and as long as 10 on others.
http://trade.ec.europa.eu/doclib/doc...9.pdf#page=103
And Canada is not all sweetness and light.
It is not a customs union or single market so the two parties are free to do trade deals with any other country - post BREXIT UK?
It does not remove border controls, but it encourages the use of advanced electronic checking to speed customs clearance - NI perhaps?
CETA does little for trade in financial services that is not covered by World Trade Organization rules that both sides are already signed up to.
Canadian financial companies will not get "passporting", which would allow them to sell their products across the 28 nations of the EU. The same limitations apply for EU banks in Canada.
Tariffs will remain on poultry, meat and eggs. Several other agri-products will be given quotas. For instance, the EU will allow Canadians to export increasing amounts of duty-free meat to the EU - up to 80,000 tonnes of pork, 50,000 tonnes of beef - as well as 100,000 tonnes of wheat.
Any trade deals the UK can do after Brexit will be on different terms than the EU deals and as the UK is a much smaller market than the combined EU market, the deals the UK can get with any large economies will be much less favourable. If we anyway have zero tariffs more or less across the board which is what the government was proposing this week, then we lose the biggest bargaining chip we have for negotiating deals. The only other control we have is quotas and most goods are not subject to quotas anyway! So, tell ma again how we're going to get great trade deals after Brexit?
#4506
18 June 1815 - Waterloo
iTrader: (31)
The deals are both in place and being phased in over the coming years. For vehicle gearboxes, the tariffs are already removed for both countries!
Any trade deals the UK can do after Brexit will be on different terms than the EU deals and as the UK is a much smaller market than the combined EU market, the deals the UK can get with any large economies will be much less favourable. If we anyway have zero tariffs more or less across the board which is what the government was proposing this week, then we lose the biggest bargaining chip we have for negotiating deals. The only other control we have is quotas and most goods are not subject to quotas anyway! So, tell ma again how we're going to get great trade deals after Brexit?
Any trade deals the UK can do after Brexit will be on different terms than the EU deals and as the UK is a much smaller market than the combined EU market, the deals the UK can get with any large economies will be much less favourable. If we anyway have zero tariffs more or less across the board which is what the government was proposing this week, then we lose the biggest bargaining chip we have for negotiating deals. The only other control we have is quotas and most goods are not subject to quotas anyway! So, tell ma again how we're going to get great trade deals after Brexit?
How do we know the deals with other Countries will be unfavourable?
Who said we are going Zero tariffs across the board? Not even The Guardian said it.
Last edited by The Trooper 1815; 15 March 2019 at 11:29 PM.
#4507
If they don't go zero tariffs across the board they will be in breach of WTO rules. OK, you can argue what teeth the TWO has in enforcing those rules, but if we drop out and need to make deals, then you are going to be faced with trying to make trade deals as a country who ain't great for sticking to the rules. Not the best position to start from when trying to make your place on the world stage!
#4508
Scooby Senior
In terms of PPP, the EU is the currently second largest economy in the world, behind China and ahead of the USA. India is in 4th and a some way behind the leading three, Japan is next in 5th. When the UK leaves the EU, the EU will probably drop to 3rd marginally behind the US, while the UK will be in 9th place although predicted to slide post Brexit as expected price rises will reduce purchasing power.
GDP expressed by Purchasing Power Parity (PPP) rather than nominally is the important figure when negotiating trade deals as it takes into account the variation in prices in different markets and the ability of people to actually purchase goods.
#4509
If this does not come to an end soon I am boycotting Euro Disney
Which is a shame because I'd love to go
Which is a shame because I'd love to go
#4510
Scooby Senior
#4511
Just crying over this thread. My hair has dropped out. Yet it continues. It will never end
#4512
Scooby Regular
#4513
lol
#4515
Scooby Regular
#4520
Scooby Senior
Doesn't help when Theresa May gives a speech blaming MPs for the mess rather than accepting responsibility herself for not listening to anyone else. All she managed to do was inflame the right wingers who then make death threats to MPs!
#4521
what an utter mess
#4524
Scooby Regular
Join Date: Nov 2003
Location: riding the crest of a wave ...
Posts: 46,493
Likes: 0
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12 Posts
As protests go this is about as daft it gets ....
Appropriate I suppose
https://www.google.co.uk/amp/s/www.i...361.html%3famp
Are they trying to replicate what will actually happen on the M20?
Appropriate I suppose
https://www.google.co.uk/amp/s/www.i...361.html%3famp
Are they trying to replicate what will actually happen on the M20?
#4526
Suppose us out lot could compromise,
Revoke it and the have a full on election across the board so we can vote the useless ***** out. Goes to show you can be highly educated and still thick as pig ****
Revoke it and the have a full on election across the board so we can vote the useless ***** out. Goes to show you can be highly educated and still thick as pig ****
#4528
Scooby Regular
Join Date: Nov 2003
Location: riding the crest of a wave ...
Posts: 46,493
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100 people rocked up for Leave means leave march
i cant see how much more illustration if it were needed that OUT actually is just a protest vote
buggur all to do with EU