This is actually a joke of course, but it makes a fair point, so it does
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This is actually a joke of course, but it makes a fair point, so it does
Not sure if you're being serious?
peteblue
Welcome back Wayne
Very serious Bruce. Can you do the maths and tell me whether the EU or the U.K. gains from the tariffs.....
Charlie Sweet
Player Valuation: £35m
Rape?
dead_soft
Player Valuation: £35m
Can you explain how you think tariffs work and exactly how having tariffs is a great thing for the UK?
No one gains from tariffs Pete, and I find it amazing that someone who has spoken repeatedly about the value of free trade now wants to impose taxes on trade. The Trump tariffs have lopped about 0.25% off of American GDP while simultaneously raising the price of goods and reducing the availability of products. I know Trump's a complete dumbarse so doesn't know basic economics, but cmon.
Foot Long Hot Dog
Player Valuation: A packet of pork scratchings
The standard Brexiter starting point when tariffs are mentioned, ignore who actually ends up paying them i.e. the consumer. Ignore the inflationary effect. Ignore the negative impact on exports. Just mention a surplus in one specific segment, whilst simultaneously ignoring all of the segments where this isn’t the case.
When this is pulled apart, move on to ‘we can unilaterally make tariffs zero’, whilst obviously ignoring any mention of MFN rules etc,
It's especially peculiar when it comes from a party (and their supporters) who make a big song and dance about being both for free trade, and for small government. Whacking tariffs on stuff is neither of those things.
Foot Long Hot Dog
Player Valuation: A packet of pork scratchings
If they keep the narrative to tariffs they can avoid the loss of frictionless trade being front and centre, with the cost, complexity and damaging effects that’ll have.
Charlie Sweet
Player Valuation: £35m
Also ignores the consumer choice element.
I want to drive the nice German car I have. I like French cheese and Spanish wine. I'm not going to change those choices to please Johnson or Farage.
the majority of beef brought into this country comes from Argentina and Brazil. The EU has trade agreements with these countries and has such no tariffs exist.
The imports of such products come a WTO deal will be excessive. The tariffs of beef range drastically depending on the type of product (fresh, fresh on carcass, fresh cut joints, minced processed etc)
the increases will be passed into the consumer
Actually quite hard to see the GOT brexiteers poster boy and sneerer in chief get humiliated like this
The UK Share of its own Beef market is around 70% , it would be even higher if we had not lost processing capacity during after the mad cow disease outbreak,
To get it cut down into joints we have to exported some it.
The EU predominantly, EIRE provides the rest , Eire is 75% of total after that,
The rest of the world is only about 7%. including the above new zealand, Australia ect.
A lot of the larger supermarkets these days only use British these day's the Co op. Waitrose ect even the likes of Mcdonalds use UK/Eire beef in their burgers.
The UK has nothing to fear on tariffs on beef , EIRE on the other hand does.
To get it cut down into joints we have to exported some it.
The EU predominantly, EIRE provides the rest , Eire is 75% of total after that,
The rest of the world is only about 7%. including the above new zealand, Australia ect.
A lot of the larger supermarkets these days only use British these day's the Co op. Waitrose ect even the likes of Mcdonalds use UK/Eire beef in their burgers.
The UK has nothing to fear on tariffs on beef , EIRE on the other hand does.
dead_soft
Player Valuation: £35m
*Éire.
If Ireland has something to fear that would suggest they might stop buying them because it’s expensive? In that case doesn’t the UK have something to fear?
And what’s the plan for Northern Irish beef to Ireland?
summerisle
The rain, it raineth every day
The current trade secretary.
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