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Brexit, the economy and house prices part 5

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Comments

  • gfplux
    gfplux Posts: 4,985 Forumite
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    spadoosh wrote: »
    Loving the logic!

    Care to tell me the reason why the EU impose a 10% tariff on american imported cars?

    That’s how trade deals work.
    That is why a Government when negotiating a trade deal will try to protect its biggest manufacturing donors and punish any industry supporting their opposition.

    Industry then responds by, for example building cars inside the USA to supply that market.
    There will be no Brexit dividend for Britain.
  • phillw
    phillw Posts: 5,666 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Heaven forbid we try to reduce government spending.

    I think you underestimate how much resentment the "I'm not xenophobic but" brigade have for foreigners.
    gfplux wrote: »
    Industry then responds by, for example building cars inside the USA to supply that market.

    Like when Japanese companies wanted to sell cars into the EU and we bribed them to build their factories here and not in mainland Europe.
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    edited 22 March 2018 at 2:38PM
    spadoosh wrote: »
    Your still avoiding my question about why the IT jobs arent being sent to China where it is cheaper over poland?

    You ask a question you dont know the answer to. I did not avoid an answer, I just thought you were being silly. I dont think you are in the IT industry.
    I do not know the answer except that Poland is easy to get to, is on almost the same time zone. Perhaps the company already have an operation there.
    If you had ever ever been in business you would understand people do not often jump into the dark. They go with the familiar, the local, the easy.
    I just dont know but it always comes down to the path of least resistance.
    Frankly having in my career imported product from Europe and the Far East, closer and local wins every time unless the market dictates otherwise.
    There will be no Brexit dividend for Britain.
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    spadoosh wrote: »
    So you dont know? Or is there another reason youre being evasive?

    I do, its a policy aimed to protect american farmers. Aka protectionism.

    Certainly, you said it made sense to provide a good product at a good price. This is a principle of the free market. Yet you advocate a group that doesnt allow the free market. Now, to me, that makes no sense at all. Any chance you can explain the logic for me?

    We were discussing EU-wide procurement rules following the passports announcement. No idea why you changed subject to trade tariffs.
    But yes, the EU has import tariffs. The US has import tariffs also. As does Japan. And China.
    Happy now?
    Don't blame me, I voted Remain.
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    phillw wrote: »
    I think you underestimate how much resentment the "I'm not xenophobic but" brigade have for foreigners.



    Like when Japanese companies wanted to sell cars into the EU and we bribed them to build their factories here and not in mainland Europe.


    You may know about bribes, I don’t. However that was then.

    The Japanese car makers, bribes or not, thought that Britain was a good place to access the EU market. Now that may not be the case they surely will be looking at their present UK investment and looking at their future stragedy that may mean changes.
    There will be no Brexit dividend for Britain.
  • spadoosh
    spadoosh Posts: 8,732 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    mayonnaise wrote: »
    We were discussing EU-wide procurement rules following the passports announcement. No idea why you changed subject to trade tariffs.
    But yes, the EU has import tariffs. The US has import tariffs also. As does Japan. And China.
    Happy now?

    I dont follow this thread regularly, can easily miss context.

    Happy enough.
    gfplux wrote: »
    That’s how trade deals work.
    That is why a Government when negotiating a trade deal will try to protect its biggest manufacturing donors and punish any industry supporting their opposition.

    Industry then responds by, for example building cars inside the USA to supply that market.

    It is i was hoping to highlight the contradictory nature of suggesting sense is getting a good product for a good price from someone who wants to be part of the largest protectionist group in the world.
  • wunferall
    wunferall Posts: 845 Forumite
    Heaven forbid we try to reduce government spending.

    Heaven forbid we award such contracts in our own country thus supporting our own economy. False economy awarding overseas contracts for such things as seen with the decline in UK shipbuilding for just one example among many.
  • wunferall
    wunferall Posts: 845 Forumite
    phillw wrote: »
    I think you underestimate how much resentment the "I'm not xenophobic but" brigade have for foreigners.



    Like when Japanese companies wanted to sell cars into the EU and we bribed them to build their factories here and not in mainland Europe.

    The usual sound bites but no evidence. Proof please of UK bribing Japanese car manufacturers, NOT hearsay please note but proof.
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    spadoosh wrote: »
    I dont follow this thread regularly, can easily miss context.

    Happy enough.



    It is i was hoping to highlight the contradictory nature of suggesting sense is getting a good product for a good price from someone who wants to be part of the largest protectionist group in the world.

    Just so you know. Before the EU were involved all National procurement was heavily protected.
    A British Company found it impossible to qualify as an approved bidder for example for filing cabinets for the French ministry of culture.
    Making this an easy open bidding process has been hugely profitable to many British companys

    It becomes clearer every day that so many people had no idea how many British business opportunities were created by the EU membership.
    There will be no Brexit dividend for Britain.
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    wunferall wrote: »
    The usual sound bites but no evidence. Proof please of UK bribing Japanese car manufacturers, NOT hearsay please note but proof.

    Actually no one needed bribing to recognise the huge benefit of placing manufacturing in Britain to easily access the huge EU market.

    Those decisions are now being examined and revised. Another negative of leaving the EU.
    Who would think that is a good decision to make today with Britain very very soon (in manufacturing terms) to become a third country outside the EU
    There will be no Brexit dividend for Britain.
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