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Post by Zany on Jul 1, 2024 18:52:28 GMT
Maybe you didn't notice how trivial that deal with Oz is in terms of benefiting the UK. 0.08% by 2035. The challenge is the distance whereas for other commonwealth countries the challenge is their low wages which mean they will actually take jobs from the UK And remember the more swivel eyed in the Tory party and all of Reform want to tear up that free trade deal we have with the EU in some obscene act of self harm Sounds like me Nonetheless, doing free trade deals that are beneficial with the world's largest economies - places like India - which just overtook us as the fifth largest economy IIRC - would be a good thing provided they change their govt from Modi's BJP in the future I don't think it has to be an either/or scenario, we need trade deals with as many countries as we can get both in Europe and outside it and that's where I differ from both Brexiters and Remainers The Oz trade deal was a terrible deal as have been many others the Tories negotiated, which doesn't mean deals Labour negotiated whilst in the EU were particularly any better, although nothing beats the Oz trade deal for a bad deal The reason for both the US and the EU import controls is to maintain the living and safety standards built up over long hard centuries. India, China produce goods far cheaper, but at what cost. If we wish to trade openly with them we will need to severely reduce our standard of living. Equally if we place duty on goods from China, India they will react in kind in a trade deal. The point of being in the EU was always that they are big enough to call the shots. To be able to control imports by tariff without fear of reciprocation from China, India etc.
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borgr0
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Post by borgr0 on Jul 1, 2024 18:55:38 GMT
All true, but there are still trade deals that can be beneficial to both sides we can make with big economies, we just need to find areas of commonality while maintaining protectionism. It can be done, although it is difficult
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Post by patman post on Jul 1, 2024 18:59:37 GMT
Apparently, the UK has signed a “digital trade deal” with Ukraine — I doubt that’s going to immediately aid citizens in either market…
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borgr0
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Post by borgr0 on Jul 1, 2024 19:11:23 GMT
None of the Tory trade deals done so far have been beneficial; they are for show to GB News and their voters Despite what it may look like, I am not in favour, even though people often think I'm a Tory (or worse) - I'm actually pro Pol Pot and Hitler and far far worse than all that
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Post by vinny on Jul 1, 2024 22:52:57 GMT
None of the Tory trade deals done so far have been beneficial; they are for show to GB News and their voters Despite what it may look like, I am not in favour, even though people often think I'm a Tory (or worse) - I'm actually pro Pol Pot and Hitler and far far worse than all that What are you talking about? The deal with Australia provides cheaper imports as does the deal with New Zealand. And with synthetic fuels around the corner, which are the best countries to synthesise fuel using solar power? Cold temperate countries or hot countries? Hot countries obviously and that requires a lot of hot countries, many of which are in the Commonwealth of Nations. If we are to beat climate change we need to capture CO2. Once captured, what do we do with it? Turning it back into fuel creates a closed cycle. And that's what we should do. FTAs with the Commonwealth nations are a great idea, but also democratic reform of the struggling ones needs to be encouraged. Carrot and stick. Reform and get wealthy, get worse and get kicked out.
That's what we should be looking at.
We have an FTA with the EU, get over it.
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borgr0
Observer
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Post by borgr0 on Jul 1, 2024 23:41:43 GMT
None of the Tory trade deals done so far have been beneficial; they are for show to GB News and their voters Despite what it may look like, I am not in favour, even though people often think I'm a Tory (or worse) - I'm actually pro Pol Pot and Hitler and far far worse than all that What are you talking about? The deal with Australia provides cheaper imports as does the deal with New Zealand. And with synthetic fuels around the corner, which are the best countries to synthesise fuel using solar power? Cold temperate countries or hot countries? Hot countries obviously and that requires a lot of hot countries, many of which are in the Commonwealth of Nations. If we are to beat climate change we need to capture CO2. Once captured, what do we do with it? Turning it back into fuel creates a closed cycle. And that's what we should do. FTAs with the Commonwealth nations are a great idea, but also democratic reform of the struggling ones needs to be encouraged. Carrot and stick. Reform and get wealthy, get worse and get kicked out.
That's what we should be looking at.
We have an FTA with the EU, get over it.
Hormone filled beef, 0.008% something boost to GDP and opening up our markets to Australia and NZ to do what they like..? Not sure why you are telling me to "get over it" that we have a bad FTA with the EU, do you think Brexit hasn't failed like Farage says it has? Farage is right for once
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Post by Zany on Jul 2, 2024 7:11:54 GMT
None of the Tory trade deals done so far have been beneficial; they are for show to GB News and their voters Despite what it may look like, I am not in favour, even though people often think I'm a Tory (or worse) - I'm actually pro Pol Pot and Hitler and far far worse than all that What are you talking about? The deal with Australia provides cheaper imports as does the deal with New Zealand. And with synthetic fuels around the corner, which are the best countries to synthesise fuel using solar power? Cold temperate countries or hot countries? Hot countries obviously and that requires a lot of hot countries, many of which are in the Commonwealth of Nations. If we are to beat climate change we need to capture CO2. Once captured, what do we do with it? Turning it back into fuel creates a closed cycle. And that's what we should do. FTAs with the Commonwealth nations are a great idea, but also democratic reform of the struggling ones needs to be encouraged. Carrot and stick. Reform and get wealthy, get worse and get kicked out.
That's what we should be looking at.
We have an FTA with the EU, get over it.
Trade deals are normally two way. Many countries can sell us stuff cheaper than we can make it.
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Post by vinny on Jul 2, 2024 7:34:14 GMT
It is two way but I am highlighting the complimentary nature of Australian exports that we need. It's far more important than the economic Darwinism of the past.
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Post by Zany on Jul 2, 2024 7:51:19 GMT
It is two way but I am highlighting the complimentary nature of Australian exports that we need. It's far more important than the economic Darwinism of the past. What do they buy from us under the FTA
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Post by vinny on Jul 2, 2024 8:48:33 GMT
£5.4 billion worth of goods, £9.2 billion worth of services. That's more than some countries in the EU buy from us.
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Post by Zany on Jul 2, 2024 9:41:13 GMT
£5.4 billion worth of goods, £9.2 billion worth of services. That's more than some countries in the EU buy from us. Some countries? Not the EU? Countries like Lithuania? Poland? You pick your words well Vinny. And before this FTA?
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Post by vinny on Jul 2, 2024 10:36:57 GMT
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Post by Zany on Jul 2, 2024 11:27:47 GMT
I didn't write it off. 1, Poland is one part of the EU. Its like saying we only sell X amount to Delaware instead of looking at the whole United states. 2, I asked how much of an increase in exports this FTA had made. From before we left the EU if you want.
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Post by vinny on Jul 2, 2024 11:44:02 GMT
We'd have been selling £11.4 billion to Australia without an FTA. It's helped. And financial services are included in the FTA.
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Steve
Hero Protagonist
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Post by Steve on Jul 2, 2024 13:19:44 GMT
It is two way but I am highlighting the complimentary nature of Australian exports that we need. It's far more important than the economic Darwinism of the past. Still just a 0.08% benefit and a long way off. In common parlance terms: 'bugger all' You'd need 50 such deals to balance out what you threw away with Brexit and not only are there not 50 similar wage nation possibilities, most of those that are will also sign deals with the EU. There are arguments for Brexit but the economy is such a masive item on the loss side, Brexit will always be at best an unnecessary piece of self harm.
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