Brexit, the economy and house prices part 5

Arklight

Well I think we could all see this coming. Next will be GMO food, an end to livestock welfare standards, and food laced with chemicals that currently illegal,


Thanks Brexiteers.


http://www.independent.co.uk/news/business/news/us-brexit-eu-uk-trade-deal-wilbur-ross-commerce-secretary-imports-exports-european-union-a8040571.html

Britain must scrap EU rules and allow chlorine-washed chicken if it wants post-Brexit trade deal with US, Trump adviser says.

Speaking at a conference hosted by the Confederation of British Industry, Mr Ross said that he hoped the US could become the UK’s number one trading partner after Brexit

Maybe replace "#1 trading partner" with "whipping boy" and you'll get the impression of what status they have lined up for us.

Eric_the_half_a_bee

Arklight wrote: »

food laced with chemicals that currently illegal,

Chlorine is not illegal. Bagged salads are routinely washed in it, and they don't even get cooked. The whole chlorine chicken thing is hysterical nonsense by the scientifically illiterate and those with vested interests.

System

Eric_the_half_a_bee wrote: »

Chlorine is not illegal. Bagged salads are routinely washed in it, and they don't even get cooked. The whole chlorine chicken thing is hysterical nonsense by the scientifically illiterate and those with vested interests.

http://www.independent.co.uk/life-style/health-and-families/chlorine-washed-chicken-qa-food-safety-expert-explains-why-us-poultry-is-banned-in-the-eu-a7875131.html

Washing chickens in chlorine isn't actually deemed dangerous – it's what comes with it that's the problem

Seems like a step backwards to me, I guess that's what we want, the good 'ol days.

http://www.beuc.eu/blog/what-is-wrong-with-chlorinated-chicken/ The growing vegan movement (shudder) will love this.

Theophile

ukcarper

Herzlos wrote: »

Surely you understand that it's more nuanced than a binary trading/not-trading deal, and that the trade flows better for countries with a deal than those using WTO?

Also, the assumption is that we'll just take a copy of any trade agreements that the EU has made when we leave, and that all of those trading partners will accept the same terms they gave the EU, because we're so important. The reality is that the EU has much more bargaining power than we do, so can potentially get terms accepted that we can't. Thus any country that we're proposing takes a copied EU deal will likely want to alter the terms to be more favourable for them, even if it's after an interim where we maintain the status quo.

Realistically, the absolute best case for these copied deals is that we can get exactly the same terms the EU has unless we're making serious concessions.

Yes but these are countries the EU does not yet have a deal with, we are already trading so if we leave the EU it makes no difference to the terms we are already trading on so as I said nothing changes.

cogito

Thrugelmir wrote: »

With the UK running a record trade deficit. Something has to give. If the economy is to rebalance.

We run a massive trade deficit with the EU but a trade surplus with the rest of the world.

And yet the EU wants us to pay for access to their market. Funny that.

mayonnaise

Britain would be 'booming' if it weren't for Brexit, says Bank of England Governor Mark Carney

http://www.independent.co.uk/news/business/news/mark-carney-says-britain-would-be-booming-if-it-werent-for-brexit-a8040726.html

Yes, I know this chap is governor of the BoE, and therefore doesn't have a scooby, but still...

Herzlos

ukcarper wrote: »

Yes but these are countries the EU does not yet have a deal with, we are already trading so if we leave the EU it makes no difference to the terms we are already trading on so as I said nothing changes.

Indeed; for those countries we're on WTO terms as part of the EU, we'll still be on WTO outside the EU until we form a trading agreement. Are these the markets we want to be focusing on at the potential expense of the EU?

I'm all for adding new trading agreements with these countries if we can retain our EU access.

ukcarper

Herzlos wrote: »

Indeed; for those countries we're on WTO terms as part of the EU, we'll still be on WTO outside the EU until we form a trading agreement. Are these the markets we want to be focusing on at the potential expense of the EU?

I'm all for adding new trading agreements with these countries if we can retain our EU access.

If they are 21% of our trade they are obviously important but the point is that they are not effected by our relationship with EU so why try to make out they are.

Herzlos

ukcarper wrote: »

If they are 21% of our trade they are obviously important but the point is that they are not effected by our relationship with EU so why try to make out they are.

I'm not making out they affect our relationship with the EU pre-Brexit.

Since making our own trading relationship requires being outside the EU, that means pursuing these new trading relationships jepordises our relationship with the EU. If we can get the best of both worlds, then I'd be all for it; but since I'm not sure we can, I'd rather take trade with or through the EU (79%) over the trade that's independent of the EU (21%).