Brexit, the economy and house prices part 5

vivatifosi

The extension was being discussed on the politics programmes yesterday, as was the timing with regard to the next General election. It's a shame as it is more important to get it right than to get there quickly.

You would hope that this would focus minds and stop the infighting, but it doesn't.

cogito

Herzlos wrote: »

Even if the EU paid the tariffs in both directions for some reason, eu companies will just put up the price to cover it. Thus the tariffs are paid by you and me.

Or do you think eu companies will just take a profit hit?

Of course tariffs are paid by you and me. They are also paid by African farmers who are condemned to poverty by the EU who make it impossible for them to process their own crops.

HAMISH_MCTAVISH

cogito wrote: »

Of course tariffs are paid by you and me. They are also paid by African farmers who are condemned to poverty by the EU who make it impossible for them to process their own crops.

And once again.....

Myth 5: High EU tariffs keep out products from poor countries

The Brexiteers falsely claim that the EU hurts the poorest countries with high tariffs. The World's 49 poorest countries can export tariff free to the EU as part of the 'anything but arms' initiative. The truth is that the EU is the most passionate and committed supporter of the world's poorest. It provides them with tariff free access for their goods and despite opposition from Leave campaigners, remains the world's largest aid donor.

https://infacts.org/these-5-eu-trade-myths-are-brexiter-nonsense/

And yes, it specifically includes agricultural products.

The EU has also unilaterally reduced the tariffs applied to the poorest countries. The 'Everything But Arms' initiative gives the 49 poorest countries duty and quota free access to the EU market, including for such sensitive products as beef, dairy products, fruit and vegetables.

http://europa.eu/rapid/press-release_MEMO-02-296_en.htm

Enterprise_1701C

HAMISH_MCTAVISH wrote: »

And once again.....

https://infacts.org/these-5-eu-trade-myths-are-brexiter-nonsense/

And yes, it specifically includes agricultural products.

http://europa.eu/rapid/press-release_MEMO-02-296_en.htm

Yes but no. They can export some unprocessed goods tariff free, but just one example is that roast coffee has a 7.5% tariff, and another is that there is a 16% tariff on oranges to pritect the Spanish trade.

In fact the eu do have massive tariffs on some agricultural products

https://www.economicshelp.org/blog/6911/alevel/examples-of-protectionism/

Once again they show their protectionist agenda.

Herzlos

Are those tariffs still applying to the "Everything but arms" countries?

It doesn't sound like it, but I haven't done much digging. From Hamish EU link:

A total of 142 developing countries benefit from the extensive EU preferences under the recently enhanced "General System of Preferences" (GSP). In addition, 77 Africa Caribbean and Pacific countries (ACPs) also benefit from preferential access to the EU market (more than 80% of African exports enter the EU at preferential or zero rates). Furthermore, the EU has concluded free trade agreements with a number of developing countries (this is the case for Mexico, South Africa and Mediterranean countries). This preferential access is reflected in the much higher level of exports from these countries to the EU, compared to other Quad members (see table 1).

HAMISH_MCTAVISH

Enterprise_1701C wrote: »

Yes but no. They can export some unprocessed goods tariff free, but just one example is that roast coffee has a 7.5% tariff, and another is that there is a 16% tariff on oranges to pritect the Spanish trade. .

Can you provide a link to that because it appears to be false.

The information available online clearly states that all exports are tariff free from the 49 poorest countries in the EBA programme.

Tailor-made to the specific needs of least developed countries, the EU's 'Everything But Arms' arrangement (EBA) was born in 2001 to give all LDCs full duty free and quota-free access to the EU for all their exports with the exception of arms and armaments. This makes it the most generous form of preferential treatment to LDCs globally

http://trade.ec.europa.eu/doclib/docs/2013/april/tradoc_150983.pdf

On another note, this initiative has been in place since 2001 - so are the Brexiteers who keep repeating this myth deliberately lying - or just ignorant?

Enterprise_1701C

HAMISH_MCTAVISH wrote: »

Can you provide a link to that because it appears to be false.

The information available online clearly states that all exports are tariff free from the 49 poorest countries in the EBA programme.


http://trade.ec.europa.eu/doclib/docs/2013/april/tradoc_150983.pdf

On another note, this initiative has been in place since 2001 - so are the Brexiteers who keep repeating this myth deliberately lying - or just ignorant?

You give me a listof the 49 poorest countries and i shall find the appropriate links.

HAMISH_MCTAVISH

AFRICA
1. Angola
2. Benin
3. Burkina Faso
4. Burundi
5. Central African Republic
6. Chad
7. Comoros
8. Congo (DRC)
9. Djibouti
10. Equatorial Guinea
11. Eritrea
12. Ethiopia
13. Gambia
14. Guinea
15. Guinea-Bissau
16. Lesotho
17. Liberia
18. Madagascar
19. Malawi
20. Mali
21. Mauritania
22. Mozambique
23. Niger
24. Rwanda
25. Sao Tome & Principe
26. Senegal
27. Sierra Leone
28. Somalia
29. South Sudan
30. Sudan
31. Tanzania
32. Togo
33. Uganda
34. Zambia
ASIA
35. Afghanistan
36. Bangladesh
37. Bhutan
38. Cambodia
39. Lao PDR
40. Myanmar/Burma
41. Nepal
42. Timor-Leste
43. Yemen
PACIFIC
44. Kiribati
45. Samoa1
46. Solomon Islands
47. Tuvalu
48. Vanuatu
CARIBBEAN
49. Haiti

vivatifosi

I think the issue Hamish is that there are countries that aren't on that list that would still not be considered wealthy who don't qualify and can't, for example, process their own coffee or chocolate. Kenya, Zimbabwe, Nigeria and Egypt would be examples.

HAMISH_MCTAVISH

vivatifosi wrote: »

I think the issue Hamish is that there are countries that aren't on that list that would still not be considered wealthy who don't qualify and can't, for example, process their own coffee or chocolate. Kenya, Zimbabwe, Nigeria and Egypt would be examples.

Sure.

Kenya, Egypt, etc, are still technically listed as developing countries but they are nowhere near among the Worlds poorest.

The claim the Brexiteers have repeatedly made is that the EU is nothing but a protectionist cabal that hurts farmers from the poorest countries with tariffs and quotas.

Except, as it turns out, the 49 poorest countries can export absolutely anything except arms to the EU 100% tariff and quota free, and have been able to since 2001.

A fact some posters seem to have repeatedly overlooked when crying their crocodile tears about the poorest of poor African farmers....