Brexit the economy and house prices part 6

buglawton

Backbiter wrote: »

May's mantra has always been 'No deal (ie WTO) is better than a bad deal'. Given that the deal on the table is her deal, which she obviously doesn't think is a bad deal', her mantra no longer applies.

Surely, therefore, her new mantra should be 'her deal or no Brexit', as no deal is not better than her deal. Amber Rudd seemed to argue this morning, when saying Parliament would never vote for no deal.

https://www.bbc.co.uk/news/uk-politics-46284310

I was following you until 'as no deal is not better than her deal'.
Erm no, WTO is better than May's deal as it stands at this moment.

We're just about to pay £39BN to share our fishing rights with the EU 27 forever, if I read the agreement doc right.

Lungboy

No fishing rights, no tarrif free access to the European fish markets. Seems fair.

Theophile

buglawton wrote: »

We're just about to pay £39BN to share our fishing rights with the EU 27 forever, if I read the agreement doc right.

There is no such thing in the draft withdrawal agreement.
You either misread or - more likely - didn't read it at all.


Happy to be proven wrong though.
https://ec.europa.eu/commission/sites/beta-political/files/draft_withdrawal_agreement_0.pdf

Moby

Daniel Hannan's prediction of our future.......a must read!

https://reaction.life/britain-looks-like-brexit/

gfplux

A further publication from the UK Government yesterday.
https://www.gov.uk/government/news/draft-withdrawal-agreement-and-outline-political-declaration?utm_source=87e294f3-3a53-47ef-a219-c95dc06340e6&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate

I have seen no comments in this thread about the future relationship document or as it is officially called.....
Outline Political Declaration

gfplux

Amazing that a couple of posts come in mentioning withdrawal of the A50 and off we go again with Brexiters discussing an organisation that we are leaving. It is as if they have to keep justifying their position on the EU.

gfplux

Wether or not Britain stays in the EU this flip flop will already have decided where international company’s want to put their FUTURE investments if they want access to the EU.
However the future trade deal with the USA could be a way for International (for example) car company’s to access the USA tariff free!

Trump and various Trump advisers have said that America want a total free trade agreement with the UK. Does anyone have an opinion on wether that would include cars essembled in the UK or is that too much to hope for.
Cars for chloride chicken anyone?

buglawton

Moby wrote: »

Daniel Hannan's prediction of our future.......a must read!

https://reaction.life/britain-looks-like-brexit/

A rosy vision that presumes a super-successful economic future outside of the EU. Much of that success presumes super competent government which I don't recall the UK having had for the past 50 years.

I think Hannan is wrong to focus on economics only. He's ignored the real reasons we are leaving and assumes that the high skills and productivity needed for that golden future will 'just happen' as a result of leaving the EU. It won't.

buglawton

Theophile wrote: »

There is no such thing in the draft withdrawal agreement.
You either misread or - more likely - didn't read it at all.

Happy to be proven wrong though.
https://ec.europa.eu/commission/sites/beta-political/files/draft_withdrawal_agreement_0.pdf

https://www.standard.co.uk/news/politics/theresa-may-brexit-deal-agreement-key-points-irish-border-eu-citizen-rights-a3994536.html

The EU has said repeatedly that it would not allow British seafood exporters quota and tariff-free access to EU markets unless it is in exchange for a reciprocal agreement that EU fishing fleets are able to continue operating in British waters.

But the withdrawal agreement essentially goes only as far as to say that the EU would apply tariffs on fish until a separate deal was struck on access to EU fishing in Britain’s waters.

So the draft agreement has left scope for punitive tariffs on fish exports if Britain doesn't kowtow on fishing rights. Quite deliberately. And now France has piped up to drive the point home.

HAMISH_MCTAVISH

buglawton wrote: »

So the draft agreement has left scope for punitive tariffs on fish exports if Britain doesn't kowtow on fishing rights.

That's the reality of trade deals...

The EU is obligated to negotiate the best deal possible for it's remaining members now that the UK is leaving.

They'd be negligent if they didn't represent those member state interests as vigorously as possible.

And given the asymmetric nature of the parties, as the EU is the stronger and larger trading block, it was always inevitable we'd end up worse off than we are today.

Never mind though... at least you can comfort yourself with the illusion of 'taking back control'.