It's breathtakingly simple. When it comes to international trade, the importer has their say. And the exporter has their say. And, hopefully, agreement is reached.
This isn't the UK giving away anything. As the article explains in language so simple even someone as blinkered as Lord Frost should be able to understand, we are seeking trade advantages in return.
Will the deal be a good one? No idea. But just to criticise it in such false terms is just stupid-even for someone as intellectually challenged as Lord Frost.
Do you think we are at a watershed? An American trade deal would probably include chlorinated chicken, hormone-fed beef, genetically modified crops etc. This would move us much further away from the EU, rather than closer. It would also cause real problems in NI, and end any hope of those wishing to rejoin. There is unlikely to be any negotiation over a trade deal with the US, Trump will dictate the terms, and we will offered the option of taking it, or leaving it.
Fascinating question.
My take is that this is a watershed moment for the island of Ireland. Not us.
The USA is not a particularly important market for Great Britain. When it comes to goods, our imports/exports are about level. something relatively unusual for both the UK and US.
While there is a political reason to do a trade deal with the US, logically it cannot come at the cost of damaging trade with the EU-who are geographically and economically far closer to us.
The same cannot be said for Ireland. Whose economic ties to the US are (in relation to its GDP) far greater. And it is a Member of the EU. Added to that, it wants increasing influence over Northern Ireland.
The UK will probably seek to do a trade deal that avoids agricultural products. Because if it did not that would mean catastrophe for Farmers.
It is nine years since the referendum, and five since we left. One of the Vote Leave assurances was that a US trade deal would replace lost EU trade.
We were able to start negotiating this deal as soon as the referendum result was known, but not able to sign it until we actually left. The Tories didnt get close.
Agricultural products have seemed to have been a stumbling block. Assuming the deal did include the products mentioned above, our Farmers would be up in arms again, and we would burn our bridges with the EU.
I am not sure what would happen in NI. Would they bin the GFA, and put a border on the island of Ireland? Or would the EU wear the smuggling of many products?
The tariffs are the difference now. The Labour government are weaker now than the Tories were, because of the tariffs. They are more likely to accept conditions that the Tories wouldnt have because of the tariffs, in order to protect other industries. If Trump demands that we accept the agricultural products, or there is no deal. Then we have a choice of which industry we f..k. Do we hold out and save the farmers, but screw other industries?
So lets say we do a deal to protect the car, and steel industries, and Trump removes the tariffs. We are in the position that NI, being part of the UK, has no tariffs, yet Ireland that is part of the EU, does. So tariff free imports into NI, could be smuggled into Ireland, and therefore into the EU. Dont think the EU would wear that. They wouldnt be keen on allowing any smuggling to avoid tariffs, or stuff like chlorinated chicken crossing the non existent border.
Then of course you have got the stuff going the other way. If you had a company based in Ireland, you could open a subsidiary in NI. So you could import tariff free into Ireland from the EU. You could import tariff free into NI from USA. You could interchange the goods over the non-existent border. Not only that, you could export EU goods tariff free to the USA, from NI. And goods that originated in the USA, tariff free, into the EU, from Ireland.
I think that Trump will demand the agricultural stuff, which will put Starmer in a very tough spot.
It's breathtakingly simple. When it comes to international trade, the importer has their say. And the exporter has their say. And, hopefully, agreement is reached.
This isn't the UK giving away anything. As the article explains in language so simple even someone as blinkered as Lord Frost should be able to understand, we are seeking trade advantages in return.
Will the deal be a good one? No idea. But just to criticise it in such false terms is just stupid-even for someone as intellectually challenged as Lord Frost.
Do you think we are at a watershed? An American trade deal would probably include chlorinated chicken, hormone-fed beef, genetically modified crops etc. This would move us much further away from the EU, rather than closer. It would also cause real problems in NI, and end any hope of those wishing to rejoin. There is unlikely to be any negotiation over a trade deal with the US, Trump will dictate the terms, and we will offered the option of taking it, or leaving it.
Fascinating question.
My take is that this is a watershed moment for the island of Ireland. Not us.
The USA is not a particularly important market for Great Britain. When it comes to goods, our imports/exports are about level. something relatively unusual for both the UK and US.
While there is a political reason to do a trade deal with the US, logically it cannot come at the cost of damaging trade with the EU-who are geographically and economically far closer to us.
The same cannot be said for Ireland. Whose economic ties to the US are (in relation to its GDP) far greater. And it is a Member of the EU. Added to that, it wants increasing influence over Northern Ireland.
The UK will probably seek to do a trade deal that avoids agricultural products. Because if it did not that would mean catastrophe for Farmers.
Forget soft Brexit if you strike trade deal with Trump, EU insiders warn Starmer
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https://www.msn.com/en-gb/news/world/forget-soft-brexit-if-you-strike-trade-deal-with-trump-eu-insiders-warn-starmer/ar-AA1CYEfv?ocid=msedgntp&pc=W230&cvid=7ab59f8cb2ef41ee870f22f0339def72&ei=16