mafya Posted October 21, 2018 Share Posted October 21, 2018 You know India wants free movement of people as part of a trade deal with the UK right? Can you guarantee that will not happen? No, beside you have no idea. You can’t say it will definitely happen either.... Link to comment Share on other sites More sharing options...
I1L2T3 Posted October 21, 2018 Share Posted October 21, 2018 You can’t say it will definitely happen either.... If you look at what the Indians are saying it’s precisely what they want. You seem to have a hapless rose tinted view on what is going to happen. Link to comment Share on other sites More sharing options...
Top Cats Hat Posted October 22, 2018 Share Posted October 22, 2018 You can’t say it will definitely happen either.... Nobody can say that anything will definitely happen but what we can say is that it will almost certainly happen. The problem with living in your Brexit bubble is that you refuse to accept how very damaging to the UK economy leaving the EU will be. Unfortunately for the UK, unlike you, everyone else in the world can see very clearly what will happen and are queuing up to take advantage of our misfortune. When the UK government is pleading for trade deals outside the EU, the first thing that countries like India and many African nations will demand is access for their citizens to the UK labour market. As has been said many, many times on this thread, those who voted for Brexit to reduce the number of black and brown faces they see have almost certainly made sure that the opposite will happen! Link to comment Share on other sites More sharing options...
Magilla Posted October 22, 2018 Share Posted October 22, 2018 Trump tells May to abandon 'unjustified' food standards for Brexit trade deal http://uk.businessinsider.com/trump-uk-must-bin-unjustified-food-standards-for-brexit-trade-deal-2018-10 under US food regulation, producers are allowed certain amounts of foreign bodies like maggots, rat-hair and mould in a range of food products sold to consumers. Yummy! Link to comment Share on other sites More sharing options...
Lockdoctor Posted October 22, 2018 Share Posted October 22, 2018 If you look at what the Indians are saying it’s precisely what they want. You seem to have a hapless rose tinted view on what is going to happen. The UK are an import country and not an export country, which means the UK should have the upper hand in most future trade negotiations with individual countries. If the UK has future shortages of skilled labour in any sectors then it is the responsibility of future Governments to issue work permits accordingly. It shouldn't make any difference which countries foreign workers come from after we leave the EU. The fact is the UK haven't made any future trade arrangements with individual countries yet because the UK haven't left the EU yet. ---------- Post added 22-10-2018 at 09:24 ---------- we will be desperate to agree trade deals with everyone...any trade deals, we will be a small fish in a massive pond full of sharks It shouldn't be hard to make trade agreements to continue the massive trade deficit the UK already have after we leave the EU. Link to comment Share on other sites More sharing options...
ez8004 Posted October 22, 2018 Share Posted October 22, 2018 The UK are an import country and not an export country, which means the UK should have the upper hand in most future trade negotiations with individual countries. If the UK has future shortages of skilled labour in any sectors then it is the responsibility of future Governments to issue work permits accordingly. It shouldn't make any difference which countries foreign workers come from after we leave the EU. The fact is the UK haven't made any future trade arrangements with individual countries yet because the UK haven't left the EU yet. ---------- Post added 22-10-2018 at 09:24 ---------- It shouldn't be hard to make trade agreements to continue the massive trade deficit the UK already have after we leave the EU. Your opening statement right there destroys any credibility you have. You are advocating that we as a country can be successful in trade by running a large trade deficit. Really?! Think about that. Our services and financial sector props up our lack of material exports. On a related note, why do you think the US has started a trade war with China? It is because the US is running a large trade deficit. You really have no idea how our economy works. Link to comment Share on other sites More sharing options...
Lockdoctor Posted October 22, 2018 Share Posted October 22, 2018 Your opening statement right there destroys any credibility you have. You are advocating that we as a country can be successful in trade by running a large trade deficit. Really?! Think about that. Our services and financial sector props up our lack of material exports. On a related note, why do you think the US has started a trade war with China? It is because the US is running a large trade deficit. You really have no idea how our economy works. I am stating a fact that the UK are running a large trade deficit now, why we are still in the EU. You think about ...... The long term aim of the UK should be to reduce the very large trade deficit we currently have. The long term aim should be for our own work UK force to be more skilled. Link to comment Share on other sites More sharing options...
tinfoilhat Posted October 22, 2018 Share Posted October 22, 2018 I am stating a fact that the UK are running a large trade deficit now, why we are still in the EU. You think about ...... The long term aim of the UK should be to reduce the very large trade deficit we currently have. The long term aim should be for our own work UK force to be more skilled. So a large number of educated, English speaking Indians arriving here will be just what you want then right? Link to comment Share on other sites More sharing options...
altus Posted October 22, 2018 Share Posted October 22, 2018 The long term aim of the UK should be to reduce the very large trade deficit we currently have. How do you think the extreme brexiters' plans to unilaterally eliminate import tariffs will affect that? Link to comment Share on other sites More sharing options...
L00b Posted October 22, 2018 Share Posted October 22, 2018 (edited) I am stating a fact that the UK are running a large trade deficit now, why we are still in the EU.There’s no problem inherent to a trade deficit of any size, so long as the national economy balances it out on the whole. The U.K. is a first world knowledge economy, having transitioned from adding value through making things, to adding value by providing services (designing, assembling, financial, etc.). That’s how and why the U.K. got to global top 5 with a national economy, 80+% of which is services. Your fundamental problem in a Brexit context, and the sub-topic of balancing goods imports with services exports, is that services are not covered by WTO rules and tariffs: they are wholly subjected to the whims of negotiations and strictures of FTAs and other bilateral/multilateral deals (-of which the EEA and the SM are only examples). In the absence of FTAs, there are mountains of non-tariff barriers (NTBs) in the way of the U.K. exporting services (simple example: losing passporting rights is a NTB, because no more UK financial services about EU products/markets exported to non-EU clients = France, Ireland, Germany etc. hoover up that work, which still needs to be done, away from the U.K. Just business, nothing personal, but thanks for the gift all the same). Brexit will manage turn the U.K. trade deficit, which currently is not problematic (because services excedent), into a big problem (due to gradual loss of services excedent), exacerbated by the weak(er) £ (which makes that deficit still larger in value). Edited October 22, 2018 by L00b Link to comment Share on other sites More sharing options...
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