Brexit, the economy and house prices part 5

Thrugelmir

Originally Posted by Herzlos View Post
providing a huge boost to EU dairy farmers, like we used to be.

Consume more then. Increasing domestic consumption would reduce imports.

Rinoa

Herzlos wrote: »

The Japan trade deal seems to be largely concluded:

https://www.bbc.co.uk/news/business-44857317?SThisFB

And likely to be ratified before we've left, providing a huge boost to EU dairy farmers, like we used to be.

Do the Japanese have to abide by ECJ rulings, pay the EU lots of money and accept FOM?

buglawton

StevieJ wrote: »

Majority in Commons for Full customs union, looks like that is the way it is heading then?

Looks like not. News in this evening:

Parliament scotches EU Customs Union idea
https://www.bbc.co.uk/news/uk-politics-44864496

Herzlos

Thrugelmir wrote: »

Consume more then. Increasing domestic consumption would reduce imports.

So rather than have a FTA with a country that's a huge milk importer, we should just drink more ourselves? An extra pint a day each do it?

Does that apply to everything else? Should I be buying a spare car to do my bit?

Herzlos

Rinoa wrote: »

Do the Japanese have to abide by ECJ rulings, pay the EU lots of money and accept FOM?

I doubt it. But then they won't be getting access to EU services or share any resources.

Should we be looking to have a Japan style deal with the EU? How much worse will that be for our economy?

vivatifosi

Genuine question that I don't know the answer to.

If we stay in the CU but leave the EU, would we be able to access the trade arrangements agreed by the EU?

The reason I ask is that we will be looking to do trade deals with the likes of Canada, Japan, Australia and NZ. These are all agreements that the EU have negotiated, or are in the process of negotiating. If we stay in the CU, would that not save us the time and effort? What am I missing here?

buglawton

The EU doing trade deals is subject to being blocked by a veto from any one of its member states. That’s why the deals take so long to finalise. For example, first Belgium stalled the Canada deal, now Italy is (it’s still not ratified):
https://www.thetimes.co.uk/edition/business/italy-to-block-eu-canada-trade-deal-3hdh2w3td
Every EU country has its own patisan trade interests. The UK being properly outside means it would be much more agile.

Enterprise_1701C

vivatifosi wrote: »

Genuine question that I don't know the answer to.

If we stay in the CU but leave the EU, would we be able to access the trade arrangements agreed by the EU?

The reason I ask is that we will be looking to do trade deals with the likes of Canada, Japan, Australia and NZ. These are all agreements that the EU have negotiated, or are in the process of negotiating. If we stay in the CU, would that not save us the time and effort? What am I missing here?

If we remain in the customs union we cannot do our own trade deals, we would be tied to the eu. It would mean the eu hog tied us without the supposed advantages.

vivatifosi

Enterprise_1701C wrote: »

If we remain in the customs union we cannot do our own trade deals, we would be tied to the eu. It would mean the eu hog tied us without the supposed advantages.

Ok, thanks. So who are we trying to deal with that the EU isn't? Or is it more the case that the deals that they are doing are structured in a way that we don't like?

gfplux

Thrugelmir wrote: »

Consume more then. Increasing domestic consumption would reduce imports.

Since I posted this (see below) how many posters here have changed their flower buying habits.
I suspect none, but surprise me.
This is a clear opportunity to buy British AND provide a Brexit Dividend, but sadly these things never work.

QUOTE
British Flowers is a subject which was often mentioned in these threads probably in 2017 by me.
A great opportunity but needs a bit of pull if the industry pushes. So Now is the time to take up the burden and do something.
Only 12% of flowers sold in Britain are British. British Flowers week was w/c 18th June (who knew?) Farming Today on the BBC had a weeks programming about British Flowers and they mentioned positve moves by the Co-op and Aldi to help British growers. They ended the week at the Blenheim Palace Flower Show (who had heard of it?) You can listen on catch up.
It does not matter if you are a Remainer or a Brexiter, if you live in the UK when you are buying cut flowers seek out the British product which you may find better represented in Aldi and the Co-op, definitely not at the petrol station or so they said.
You can make a difference and give British flower growers a small Brexit dividend, but only if you and yours buy British which will also encourage investment in a product area that has been starved of it.
That is what an opportunity looks like. There are not many in the U.K. at the moment.
END QUOTE