hedgecutter

iTrader: (5)

Does a free trade deal with Japan mean no import tax on private imports of vehicles or goods, or would only trade importers benefit, if at all? I'm thinking that at the very least imported Jap goods will become cheaper...............or is it just wishful thinking?

Rusti

iTrader: (4)

heres hoping thats the case

NOSSY_89

lol wishful thinking mate we are crashing hard.

Tidgy

lmao, can i have all your stuff then?

NOSSY_89

What stuff lol. even things super glued to the floor they have taken. Just about managed to keep the clothes on my back lol but they still want more.

Should have high tailed it when I had the chance

Tidgy

eve the BOE are sayings not gonna be anywhere near as bad as predicted.

johnfelstead

To answer the question.

Jan 2021 UK starts trading on it's own WTO tariff regime, which is different to the EU regime. It's been simplified with lots of products reduced in rate.
If UK sign an FTA with Japan then everything covered in the FTA trade on those terms, those terms apply to everyone, be they a single person or a company.
The current plan is to have an FTA in place with Japan that replaces the terms of the recently agreed EU-Japan deal and to have this in place by Jan 2021.
The negotiations are attempting to improve the terms of the EU-Japan deal to best suit the UK and Japan with it covering more products and services, the full details of this we have to wait for, as it's still under negotiation.

hedgecutter

iTrader: (5)

Sounds vaguely hopeful, thanks John.

NOSSY_89

Doesn't look good at all

https://www.reddit.com/r/worldnews/c...ser_is_former/

johnfelstead

I have no idea how people read threads on Reddit.

Japan are pushing for zero tariffs on cars, UK are pushing for zero on cheese.

Latest is UK want to wait till 2025 for the cars going zero rated. Could be sorted this week if they manage to sort the cheese out.

NOSSY_89

lol Reddit is good for the comments to get different views and opinions. But be careful of the subreddit, some are biased to a certain political view point. Its not the easiest on the Web view, much better through the app. Took me a while to figure out the comments structure lol.

albob

Liz Truss seems to have a think about Cheese.....!


Why she think the Japanese want to eat Stilton is beyond me

johnfelstead

It's an item they can throw away as part of the give and take if needs be come the end game. Always ask for more than you will be happy with.
The main area they are trying to open up most is financial services and general agriculture.

Looks like its pretty much done, maybe a joint PC today.

https://uk.finance.yahoo.com/news/br...145529728.html

RobsyUK

iTrader: (2)

Well I didn't pay much

johnfelstead

In case you missed it the deal has been agreed, now needs to be ratified by UK and Japan governments. Fine detail will come out in that process.

https://www.gov.uk/government/news/u...rade-agreement