Re: EU Confirm End of Transition End if December 2020
Originally Posted by
swimfeeders
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Hi
Not silly at all, just a simple fact of life.
The EU will remain in a Trade Surplus with the UK until such time as we can find alternative suppliers at a cheaper cost.
The EU will do it's sums and we will do ours.
The outcome is yet to be known.
The one good thing about this is that we are leaving at the end of the year.
This what we voted for and this is what must happen.
But its not true - your making out that the (around) 6% tariff that the EU poses on all countries outside of its single market is such a huge issue for everyone - it isn't and tariffs never have been. Before Brexit nobody talked about tariffs at all, they just paid them and claimed back the duty wherever possible - the EU (so called) FTA cost the UK our sovereignty, our territorial waters and billions a year in net contributions. Regardless, we trade less and less each year with this (so called) free trade zone and have increase our trade elsewhere, year in year out. We have tariffs imposed already on our imports from outside the EU through the CET. The irony is when it comes to the single market, the UK benefitted least out of all 28 countries but yet we are the 2nd biggest financial contributor, have donated our fishing grounds and are subjected to their laws and single market rules that are designed to deliberately make us uncompetitive outside the block.
Whatever tariffs are going to be placed on UK imports are up to the UK to decide - not the EU or anyone else. We will control what comes into our country and who from. At the same time, we can benefit from reduced VAT rates, reduced corporation tax and increases in subsidies for our own farmers instead of subsidising our suppliers. We can also invest our own money in our own infrastructure and not in other countries like we have seen year after year of "off-book" cohesion funding.
The EU is a declining market and is going to shoot itself in the foot with its new Green Deal, where farmers and producers will find it uneconomical to produce food anyway with all the new regs on pesticides, fertilisers etc etc. On top of that, there is the cost price of goods from the EU that will also reduce because of overseas competition and exchange rate fluctuations that have done and continue to influence prices a hell of a lot more that tariffs ever would.
All this scaremongering about tariffs isn't fooling people anymore, it's the "last hurrah" of project fear by people who haven't imported or exported anything in their lives, worked in supply chains, ran a business, paid corporation tax, sold anything or done a VAT return.
We have more issues with supply chain from Dover than any other port in the country already and that's as an EU member. This myth that Dover-Calais is super efficient and a lifeline for the UK is utter nonesense. Everything stops when there are French strikes, bad weather or a fuel protests. The queue is only one way too - into France, with empty lorries. What we control works well, just look at Felixtowe, Immingham, Portsmouth, Hull etc, the French are useless as we can see by the long tailbacks of (mostly empty) EU lorries trying to get back across the border.
6 weeks and counting for a take it or leave it deal with the EU. The EU needs to replace Barnier if they are going to talk trade - he is their talisman for intransigence and incompetence. His mandate for keeping us in the EU has failed over and over again and now the EU accept there is nothing they can do to trap the UK in its junk union they need to do one of two things.
1. Walk away - which they can do at any time
2. Get rid of Barnier and sign up to our offer. If they don't then Germany, their paymaster will suffer the most and they can't afford that, not with the state of affairs in the Eurozone.
The EU know we will outperform them once we are outside of their single market rules, that's why they are insisting on the level playing field - they know we won't accept that so their choice is either the double whammy of no-deal, plus no single market rules or damage limitation and cling on to business continuity with their second biggest customer, with no strings attached.
Barnier needs to go to move this forward.