Discussion
Ghibli said:
s2art said:
Trump wants a comprehensive free trade deal. zero tariffs on oranges would be irrelevant to him if that was the status quo.
And with no deal and us on WTO he will have us begging for a deal. Trump doesn't like his trade deficit.You need to wash Brexit out of your head and think about the realities of trading. Countries will want what's best for them and they will work to get it.
https://www.conservativehome.com/thecolumnists/201...
s2art said:
Wow, Dan Hannan has written a free trade deal. How exciting.Let's hope it's better than the one they are writing for our EU deal.
Ghibli said:
s2art said:
Wow, Dan Hannan has written a free trade deal. How exciting.Let's hope it's better than the one they are writing for our EU deal.
Tuna said:
It's hardly worth the bother, but alright.
WTO - the no-deal backdrop neither specifies a fixed set of tariffs, nor zero tariffs. It merely requires that for a given type of good, the same tariff is applied to all imports, regardless of the country of origin. WTO specifies maximum tariffs (to prevent protectionist measures), but compliant nations are free to set whatever levels they feel suitable.
Note again, that WTO allows us to drop tariffs completely on goods that we don't produce locally - such as oranges, coffee, chocolate - whilst maintaining tariffs on other items - such as steel or cars. Dropping tariffs on foodstuffs that are not natively grown would potentially save the average consumer 10% on their food bill without affecting government revenue or 'decimating industries'. It would also benefit third world countries such as Africa which are currently frozen out of the European markets by protectionist tariffs demanded by the mediterranean countries.
My bold. Any source on that? WTO - the no-deal backdrop neither specifies a fixed set of tariffs, nor zero tariffs. It merely requires that for a given type of good, the same tariff is applied to all imports, regardless of the country of origin. WTO specifies maximum tariffs (to prevent protectionist measures), but compliant nations are free to set whatever levels they feel suitable.
Note again, that WTO allows us to drop tariffs completely on goods that we don't produce locally - such as oranges, coffee, chocolate - whilst maintaining tariffs on other items - such as steel or cars. Dropping tariffs on foodstuffs that are not natively grown would potentially save the average consumer 10% on their food bill without affecting government revenue or 'decimating industries'. It would also benefit third world countries such as Africa which are currently frozen out of the European markets by protectionist tariffs demanded by the mediterranean countries.
jjlynn27 said:
Tuna said:
Note again, that WTO allows us to drop tariffs completely on goods that we don't produce locally - such as oranges, coffee, chocolate - whilst maintaining tariffs on other items - such as steel or cars. Dropping tariffs on foodstuffs that are not natively grown would potentially save the average consumer 10% on their food bill without affecting government revenue or 'decimating industries'. It would also benefit third world countries such as Africa which are currently frozen out of the European markets by protectionist tariffs demanded by the mediterranean countries.
My bold. Any source on that? Tuna said:
jjlynn27 said:
Tuna said:
Note again, that WTO allows us to drop tariffs completely on goods that we don't produce locally - such as oranges, coffee, chocolate - whilst maintaining tariffs on other items - such as steel or cars. Dropping tariffs on foodstuffs that are not natively grown would potentially save the average consumer 10% on their food bill without affecting government revenue or 'decimating industries'. It would also benefit third world countries such as Africa which are currently frozen out of the European markets by protectionist tariffs demanded by the mediterranean countries.
My bold. Any source on that? Savings of 10% on food bill, by dropping tariffs on things like 'oranges, coffee, chocolate' doesn't seem plausible to me, far from it. Hence asking for the source.
If you don't have one that's ok too.
jjlynn27 said:
I remember Azevedo (dir-gen of WTO) saying that there would be significant costs associated with going down WTO route, not savings.
Savings of 10% on food bill, by dropping tariffs on things like 'oranges, coffee, chocolate' doesn't seem plausible to me, far from it. Hence asking for the source.
If you don't have one that's ok too.
I'll see if I can find it. Do you have a link for Azevedo's comments?Savings of 10% on food bill, by dropping tariffs on things like 'oranges, coffee, chocolate' doesn't seem plausible to me, far from it. Hence asking for the source.
If you don't have one that's ok too.
SpeckledJim said:
abzmike said:
s2art said:
Trump wants a comprehensive free trade deal. zero tariffs on oranges would be irrelevant to him if that was the status quo.
The US rarely offers a feee trade deal without significant conditions... would you like some chlorine washed chickens with those oranges?Ever been in a swimming pool? How did the rest of your chlorine washed life turn out? Fine? Fine.
Although there are good restaurants in the US, US cheap, mainstream food isn't great.
US farmers are also allowed to feed pharmaceuticals to their animals that are not permitted in the EU, although I'm not sure of this is a bad thing or not.
She is laughably bad at (at least) this part of her job:
www.cbsnews.com/news/theresa-may-says-she-trusts-p...
www.cbsnews.com/news/theresa-may-says-she-trusts-p...
MC Bodge said:
I'd be more concerned about the quantities of high fructose corn syrup that just about everything seems to contain.
Although there are good restaurants in the US, US cheap, mainstream food isn't great.
US farmers are also allowed to feed pharmaceuticals to their animals that are not permitted in the EU, although I'm not sure of this is a bad thing or not.
Whack a US flag on it and people can buy what they want at the price point they want. If they don't like fructose laden food, they won't buy it.Although there are good restaurants in the US, US cheap, mainstream food isn't great.
US farmers are also allowed to feed pharmaceuticals to their animals that are not permitted in the EU, although I'm not sure of this is a bad thing or not.
As long as the stuff isn't poisonous (and there was a good breakdown on the chlorinated chicken nonsense by someone in the industry and here a while back) then what's the issue?
Murph7355 said:
Whack a US flag on it and people can buy what they want at the price point they want. If they don't like fructose laden food, they won't buy it.
Have you seen the size and condition of the typical Brit? They'll be wolfing it down!It won't have a US flag on it, unless it helps sell more.
s2art said:
Ghibli said:
s2art said:
And wrong again. Try reading for comprehension.
Just one question. Have the US agreed to this trade deal.wisbech said:
I Read it. It has no understanding of US domestic politics. Trade treaties in the US need to be approved by Congress. Congress will not agree to give up oversight of regulations etc. to a foreign country. Even within the US, regulations between states differ, and are not mutually recognised (a lawyer in Arizona can’t rock up and be a lawyer in Florida. Petrol and pollution standards are different in California to Hawaii).
The USA has FTA's with the following countries.Australia
Bahrain
Canada
Chile
Colombia
Costa Rica
Dominican Republic
El Salvador
Guatemala
Honduras
Israel
Jordan
Korea
Mexico
Morocco
Nicaragua
Oman
Panama
Peru
Singapore
And? None of the US FTA have what the article refers to - recognition of each other’s regulations and regulators including services. If you want to sell a car to US, it has to meet US regulations, FTA or not.
Within the US for example, insurance is a state matter. You cannot buy car or health insurance from a Georgia regulated company if you are resident in Idaho.
Within the US for example, insurance is a state matter. You cannot buy car or health insurance from a Georgia regulated company if you are resident in Idaho.
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