1. The exchange rate was not in the 1.40s in Q2 2016. Therefore the mention of it is a fallacy. 2. A drop from June to Nov 2016. And a cursory plateau since then.
1.) The chart clearly states that it was, given it's above the 1.4 mark 2.) The chart also shows it's dropped since 2017, which is not a "cursory plateau"
1 Yip your idea, but the tiny little bit of grey matter inside my head is attempting to develop it. It might help if we said tariff free goods only, not services. It would give the EU something, a way out if they wanted to reciprocate, i.e. solve their Irish Border issue without giving us a totally free trade deal.
Again, the chart shows that the GBP:EUR rates : - has not been in the 1.40s since Dec 2015. A full 2Q before the referendum event. - returned to its Nov 2014 levels in Feb 2016. "2.) The chart also shows it's dropped since 2017, which is not a "cursory plateau" " The chart also shows that the rate climbed in 2017. There is a cursory plateau from Nov 2016 to now (as a "regression line" shows) .
In terms of overall trade, figures show the EU has a balance deficit of 60bn odd to the EU. So total tariff war hits them more overall if you go tit for tat (actually appears to be structural - Germany and Spain are really in the firing line) . For services only I suspect you reason that the deficit is far more on the UK, so it offers a "face saving" opportunity for the EU. Anyway, good discussion on this. I assume all the readers here are in agreement with us and can find no fault with our reasoning, otherwise they surely would have said something by now to the contrary ...
I think that if you unilaterally impose zero tariffs on the EU then under WTO rules you have to have zero tariffs with every other country. Might not be a bad idea though.
1 Exactly (plus their rules say that they can't give a free trade deal without freedom of movement. Now a partial free trade deal is totally different). If we were Italian, we would have already made this quite clear. 2 Exactly 3 Exactly (Probably) I think Adam Bolton may have hit on a similar idea, he was hinting at it on Sky news today. Unless he is one of our readers or you are Adam Bolton
Zero tariffs would avoid hold ups at UK customs Avoid traffic ques on the M20/M2 Avoid building costly border control posts Avoid staffing costly border control posts Allow just in time industrial supplies to be uninterrupted Allow timely medical supplies Allow timely food supplies. Leaving with no deal would allow us to retake control of our fishing grounds immediately Allow us to decide who comes and goes from the UK. (although we already do, I have to zap my passport every time I land at Heathrow) And as we have no tariffs currently from the EU it is not going to cost us anything. No brainer, well done RDBD Any deal is a bad deal. we have to be brave, I've heard that somewhere else before haven't I?
The zero tariff stuff relates to stating now, that the UK will be seeking to agree trade terms with the EU from leave day 1, and in general intend to impose zero tariffs on EU imports (so their exporters to the UK are not effed up) . "Might not be a bad idea though." I was told that places such as Singapore have effective zero import tariffs because of their raw materials deficiency (so exporting stuff to those nations who are providing the raw materials is not at risk of trade wars) .
I think it works for imports but it's hardly taking back control. Exports are harder because for example some EU trade deals have a local content minimum. Our components wouldn't count as local and so would have to be tracked on the way into the EU.
Hadn't considered that. So the EU would be legislatively bound to impose tariffs of some kind, even if it was effectively just a gesture to sate the "letter of the law" . "I think Adam Bolton may have hit on a similar idea, he was hinting at it on Sky news today. Unless he is one of our readers or you are Adam Bolton" I share the same level of contempt for Alastair Campbell as he does.
Just politnik gobsh*tes. Whom of those saying this have actually put their proposals out there for a no deal, in grand plan and/or fine detail, at a level akin to the discussion we are having ?? To "be brave" does not allow me to "let the numbers decide" .
Okay, before I post the relevant screenshot, I should probably add a little bit of context to it. Jon Crosby is the frontman of the band VAST, and his personal page is the only place to get information on new releases - at least it was until around six months ago where his personal page degenerated into a constant slew of the sort of tripe that Alex Jones would vomit forth upon the unsuspecting world. For example, in the past week he's told all vegetarians and vegans to unfriend him immediately, posted a borderline racist caricature of Colin Kaepernick, and trotted out the old chestnut of how Hitler was a socialist. Wait, did I say in the past week/ Those are just his posts from yesterday. Anyway, I reached breaking point last night when he posted a comment saying universal healthcare was "creepy" as the "Nazis" in favour of such a system were "playing god" so I responded by asking what is wrong with a healthcare system that doesn't cripple their patients financially with excessive medical bills, a system which every first world country with the exception of the USofA agrees is far more beneficial than leaving people in debt for having the sheer gall to be ill or injured So now the context is out of the way, here is his response You may notice that screengrab isn't from Facebook itself, and there's a reason for that: after posting this string of remarkably ignorant invective that manages to contradict itself within the space of ten words, the ****ing coward blocked me. Of course, it would be churlish of me to point out that Nazism started because of a campaign of vicious lies and misinformation designed to dehumanise people they deemed "undesirable" and then strip those "undesirables" of any opportunity of having their voices heard...but **** it, I'm being churlish, just as this bloke's an ignorant prick with levels of tolerance best compared to a piece of petrol-soaked paper's ability to prevent a fire.
I think some of you fellas should not be on here.You should be standing for Parliament yourselves. You certainly make more sense than that lot at Westminster!
It's never been £1.40 to the Euro. In all its history the £ has always been worth more. €1.4 to £ was where it would have been without Brexit. Gone down to €1.10/£ but never to more than £1 = €1
If I were an MP, BBC Parliament would have to start airing PMQs on a thirty second delay so they could bleep out most of the swearing Also I live in one of the safest Tory seats in the country, which is awkward because a.) My local MP lives five minutes down the road from me b.) A further five minutes walk (and one street removed) is a house I've seen him leave on more than one occasion, and I don't think his wife lives there...
I contend that if politniks were forced to present their views on any political issue as a TV programme, then imagine you are making an episode of BBC Horizon. Some very complex topics at the fine detail, but enough should be explainable at a level that the layman can understand enough to form their own opinions. And if you cannot do the above, at the very least you are not suitable material for a govt ministerial position.
I prefer a system closer to Just A Minute, where their microphone is cut off if they can't speak for sixty seconds on a subject without deviation, repetition or obfuscation The Tory conference would've wrapped up in half an hour...
