|
Post by PaulG2 on Sept 5, 2016 0:12:58 GMT
Theresa May is attending the G-20 summit in Beijing and making public statements that she may have to bow to the EU and leave your borders open to any and all comers even after Brexit. BoJo, on the other hand, is sticking with his guns and demanding that one of the main intents of Brexit, that uncontrolled immigration be stopped, is doable. May is pretending that the UK simply doesn't have the ability to negotiate such a thing if they want to keep trading with the EU. A quick look at UK trade statistics shows just what a worm May is. Key Points: Total UK trade exports for June 2016 were £24.9 billion. Total UK trade imports for June 2016 were £40.2 billion. The UK was a net importer this month, with imports exceeding exports by £15.3 billion. Imports from China accounted for £3 Billion and the USA £3.2 Billion. The rest of the trade was with EU partners. So the UK had a net +/- £9 Billion trade defecit with EU trading partners in just one month (June) of 2016. For those with ADD, that means the UK bought £9 billion more from the EU than they sold to them. I'd say BoJo is in a pretty damn good position to play hardball with the EU. The EU needs the UK more than the UK needs the EU. www.uktradeinfo.com/Statistics/OverseasTradeStatistics/Pages/OTS.aspxPersonally, I don't have a dog in this fight, however, the USA needs to defeat the TPP and the TTIP and get out of NAFTA and the WTO and if a small country like the UK can show that it's possible to regain their sovereignty then politicians here will be harder pressed to argue otherwise for us.
|
|
|
Post by twbm2 on Sept 5, 2016 11:50:20 GMT
Assuming those imports were because the products are not available locally, or better, or cheaper, surely if the EU decided to impose tariffs on import and export as punishment for us closing our borders we'd pay more for the imports and have to charge more for the exports, be less competitive, and thus be worse off on both counts?
|
|
|
Post by Clinton Cool on Sept 5, 2016 13:47:53 GMT
Assuming those imports were because the products are not available locally, or better, or cheaper, surely if the EU decided to impose tariffs on import and export as punishment for us closing our borders we'd pay more for the imports and have to charge more for the exports, be less competitive, and thus be worse off on both counts? Fair point but seeing as EU countries export more to us than we do to them such a decision would punish themselves more than it would us.
|
|
|
Post by twbm2 on Sept 5, 2016 14:43:57 GMT
Why doesn't Britain just produce items of real quality - and keep them all to itself? Let the EU get swamped in inferior Chinese shite. People are willing to pay a lot for Quality - and those that aren't? -Fuck 'em! No, they're not. Else we'd still have cotton mills, steel works, coal mines and the Ford Transit factory.
|
|
|
Post by PaulG2 on Sept 5, 2016 15:16:09 GMT
Everyday Russians hate Chinese imports, and recognize them for the shite they are. They would rather save a little longer to buy a quality product from a western manufacturer than buy a piece of Chinese crap they know will not last.
There is absolutely no reason for the UK to be involved in the EU sanctions against Russia. Crimea held a democratic election to leave Ukraine and be part of Russia. (Crimea was not even part of Ukraine until Khrushchev gave it to them in 1954. It had been part of Russia for centuries before that.) The UK should recognize the results of the democratic election in Crimea and ignore the sanctions placed on Russia and start trading with them.
If you want manufacturing to return to the UK, you need to develop markets, not cut off your markets just because you think the leader of a country is a putz. European powers historically invade Russia and the UK, not the other way around. The UK should be doing all the trade it possibly can with Russia.
China manipulates their currency to gain international trade advantages. The UK (and the US) should place a permanent 100% tarriff on all Chinese products. That alone would return a lot of manufacturing to the UK (and the US).
|
|
|
Post by twbm2 on Sept 5, 2016 17:35:53 GMT
Then, as Britain is overcrowded, they can be free to bugger off to where they can buy cheap shite. There really should be a Government Department in Britain that ensures that everything in Britain is made with quality. High wages, high living standards. Time to get rid of the tattooed riff-raff. Umm, I'm no economist but this feels like the cost of everything goes up, so people demand higher wages so they can afford to buy things, so the cost of things goes up to cover that so people demand higher wages so they can still afford to buy things, so .... Oh, hang on we can borrow imaginary money to cover all this, what could possibly go wrong?
|
|