Brexit the economy and house prices part 7: Brexit Harder

Spy_Key

I think maybe you're missing the point completely because in the end it's the customer that pays.

If the customer doesn't want to pay then the business has no order and the whole equation is moot.

Herzlos

Not really, it's still a cost that needs to be covered somewhere. Either it gets passed straight onto the customer and we as customers lose, or it's absorbed from the profits and we as shareholders lose. It's still a lose/lose option.
No business in their right mind asks for more paperwork.

Conina wrote: »

It looks like you're wrong again unless you show me where, & I just checked too.

My bad, I just highlighted again how EU trade was seamless and you largely side-stepped it by complaining about Eastern Europe as if that somehow invalidates the point.


Currently, I can get a box of anything shipped from right here in Glasgow to almost anywhere in Germany/France/Belgium/Netherlands the next day, with another day to Spain/Portugal/Austria/Poland/Denmark without having to pay any more than the courier costs.
If I really need to get something to the EU quickly I can hop on a plane or drive over without needing to be stopped for any checks.


You can't say the same about the rest of the world. The US can be nearly as quick in terms of shipping, but with huge customs charges and potentially delays clearing.

I don't buy the 'just different' argument either, it's different but only in a more involved way. Why do you think it wouldn't be more onerous?


Would I post a package to Italy/EE without a courier? No chance, but that's not the point.

Moby

NFU says farmers would feel 'betrayed' by government in event of no-deal Brexit



The National Farmers Union has a bleak assessment of the updated no-deal tariff schedule published this morning. The NFU president Minette Batters said:

We will see - from day one - farm businesses facing new, high tariffs on much of the 60% of our exports that go into the EU, while tariffs on goods coming into the UK will be set far, far lower, and in many cases won’t be applied at all.
Without the maintenance of tariff protections, we are in danger of opening up the UK to imported food which would be illegal to be produced here, produced at a lower cost because it may fail to meet the environmental and animal welfare standards which are legally required of our own farmers – flooding our market and resulting in unsustainable price falls.
Not only could this be terrible news for farmers, whose very businesses will be under threat, but also for consumers who enjoy the high-quality and affordable British food they produce.
Farmers are going to feel betrayed by this government’s failure to act now in making sure that all that can be done is being done to help mitigate the damaging effects of a no-deal Brexit

borntobefree

Tbh I think today is a good day. I really want a GE or referendum, before a deal is done.

:T:T

Crashy_Time

borntobefree wrote: »

Tbh I think today is a good day. I really want a GE or referendum, before a deal is done.

:T:T

A deal isn`t going to be done, we are going to leave and then the EU will stagger into yet another crisis as it`s exporters demand ease of trade with the newly independent UK.

borntobefree

Crashy_Time wrote: »

A deal isn`t going to be done, we are going to leave and then the EU will stagger into yet another crisis as it`s exporters demand ease of trade with the newly independent UK.

Errr. Have you seen the U.K. government’s tariff schedule? 88% of imports into the U.K. will have no tariffs. Whereas UK exporters will face a wall of tariffs trying to sell into the EU.

Here
https://www.bbc.co.uk/news/business-49970197

It’s not the Benn Act stopping the EU giving us a deal it’s the government’s tariff schedule.

It’s why Canada won’t sign a FTA - they’ve got everything they want already.


https://www.cbc.ca/news/politics/canada-uk-trade-deal-post-brexit-1.5226954

Nobody is going to be bothered about trying to do an FTA with the UK with that tariff schedule.

Sailtheworld

borntobefree wrote: »

Errr. Have you seen the U.K. government’s tariff schedule? 88% of imports into the U.K. will have no tariffs. Whereas UK exporters will face a wall of tariffs trying to sell into the EU.

Here
https://www.bbc.co.uk/news/business-49970197

There will be a big spike upwards in the UK's export of empty trucks & containers returning home. There will be little incentive for third countries to negotiate trade deals with the UK.

I'm quite supportive of tariff reductions even if done unilaterally but an overnight change when many other things will be uncertain too is going to lead to a number of unintended consequences. The last time the UK came close to such a wholesale reduction was when the UK was the World's unrivaled economic powerhouse.

Good for consumers - if they can keep their jobs.

Sailtheworld

Meanwhile the IFS suggest a no-deal brexit will lead to a £100bn deficit which will somewhat impact on the Tories plans to balance the books by 2015.

Conina

Yes yes yes, and war and droughts and plague and pestilence ......................... *yawn*

sevenhills

Sailtheworld wrote: »

Meanwhile the IFS suggest a no-deal brexit will lead to a £100bn deficit which will somewhat impact on the Tories plans to balance the books by 2015.

Only £25 billion more, we are heading that way which ever way Brexit goes.