If we vote for Brexit what happens

CLAPTON

mayonnaise wrote: »

This trade deal we will negotiate with the U.S. once we are 'free of the shackles of the EU', will that be more or less advantageous to us than the current one on the table?

massively more so

Rinoa

mayonnaise wrote: »

This trade deal we will negotiate with the U.S. once we are 'free of the shackles of the EU', will that be more or less advantageous to us than the current one on the table?

Don't know all the details TBH. But if we negotiate a deal with the US we can't expect everything to be in our favour. Some of our industries may suffer because US companies are more efficient, some of our industries will prosper because we can make stuff better and/or cheaper than the US. But overall the deal will balance the pluses and minuses and benefit both countries.

The difficulty for EU negotiators is that they can't offset the pluses and minuses because in the overall deal some countries have minuses and no pluses. Others have pluses and no minuses. It's almost impossible to make everyone happy.

That's why the EU has so few trade deals - and is languishing at the bottom of the world growth league.

mwpt

Rinoa wrote: »

That can easily be negotiated round. Plenty of other countries have trade deals with the US, such as Canada, Korea, Mexico Peru, Australia. I doubt whether they would accept their consumer rights and animal welfare protection being eroded. But its a convenient excuse for the EU to fail again.

With each and every EU country able to veto trade deals it's akin to the UK negotiating free trade deals and every county having a veto. It simply isn't going to work is it.

Too much democracy I guess. Better to have democracy only at the national level. It feels better when your own government screw you.

CLAPTON

mwpt wrote: »

Too much democracy I guess. Better to have democracy only at the national level. It feels better when your own government screw you.

the advantage of democracy at national level is that you can vote to change them : its unclear whether you can call a system you can't vote to change, a 'democracy'.

mwpt

CLAPTON wrote: »

the advantage of democracy at national level is that you can vote to change them : its unclear whether you can call a system you can't vote to change, a 'democracy'.

I was under the impression this argument had been dealt with, many times. No, you can dig up the previous responses yourself.

CLAPTON

mwpt wrote: »

I was under the impression this argument had been dealt with, many times. No, you can dig up the previous responses yourself.

you were wrong again.
it was no less undemocratic, the last time it was discussed.

BobQ

Rinoa wrote: »

France to veto TTIP deal.

http://www.theguardian.com/business/2016/may/03/doubts-rise-over-ttip-as-france-threatens-to-block-eu-us-deal

So much for the EU being able to negotiate better trade deals. Sixty years and counting.

Looks like we'll be at the front of the queue after all.

President Trump will veto TTIP too and does not have a positive view of the UK or the EU so there may be no queue. He will probably advocate making their own Champagne and Scotch

BobQ

Rinoa wrote: »

That can easily be negotiated round. Plenty of other countries have trade deals with the US, such as Canada, Korea, Mexico Peru, Australia. I doubt whether they would accept their consumer rights and animal welfare protection being eroded. But its a convenient excuse for the EU to fail again.

With each and every EU country able to veto trade deals it's akin to the UK negotiating free trade deals and every county having a veto. It simply isn't going to work is it.

Why assume that it is the EU holding things up?

http://www.reuters.com/article/us-europe-usa-trade-idUSKCN0XI0AT

gfplux

The British Government should be against TTIP they are the ones letting us down. Thankfully some members of the EU are not in the pockets of corporate America.

wymondham

if this all happens with Brexit, then that's another reason to leave:

http://www.telegraph.co.uk/business/2016/05/04/virgin-money-cashes-in-on-mortgage-boom/