Evo1883
Well-Known Member
I've seen many conflicting arguments (already) that the deal is worth more than previous and that its worth less... I have no fucking clue what to believe... The beauty of twitter.
Good news that we have an agreement in principle for a trade deal with Japan. Of course the devil will be in the detail in terms of what it gives us that last years EU - Japan deal lacked.
I've seen many conflicting arguments (already) that the deal is worth more than previous and that its worth less... I have no fucking clue what to believe... The beauty of twitter.
Some sort of arrangement was reached with these early on I think.I can't believe it's worth more, I may be wrong.
But one deal gives you access to a market of 400 million and the other a market of 60 million. Who would you give the better deal to?
Though the big win would be some guarantees regarding the future of Japanese car plants in the UK though I doubt they come under the umbrella of these negotiations.
Some sort of arrangement was reached with these early on I think.
Sweeteners?
What does WTO terms bring to the table in comparison for unfettered trade?
Yeah I meant assurance of some sort to not pull out immediately after the vote .I'm not so sure it was. Was speaking to a General manager in our company who has a plant that supply Toyota and hes concerned.
I'd imagine going WTO route would mean tariffs on cars exported to Europe.
Yeah I meant assurance of some sort to not pull out immediately after the vote .
Would have been on the assumption of a deal being reached.
Does the EU deal with Japan negate the advantages of British factories?
I"m not sure we're going to get significantly better deals than we did as part of the EU, which is of course what was promised. Pretty much as soon as the result was announced that started being rowed back and talk changed to getting deals as good as the EU which all seems to make the whole exercise a bit pointless.I doubt the EU deal negates their advantage, what will do is tariffs to export from UK to Europe. Hopefully that's avoided.
Apparently it’s going to boost $15B in trade. I assume that is total in both directions. Could just mirror what we would have had had we stopped in the EU, that was certainly the original talk around the deal. I’m sure someone other than the government will explain it in more detail.Good news that we have an agreement in principle for a trade deal with Japan. Of course the devil will be in the detail in terms of what it gives us that last years EU - Japan deal lacked.
A £15bn boost would be incredible work by the government to be fair as according to the ONS trade in 2019 totalled £31.4bn which was a record year.Apparently it’s going to boost $15B in trade. I assume that is total in both directions. Could just mirror what we would have had had we stopped in the EU, that was certainly the original talk around the deal. I’m someone other than the government will explain it in more detail.
A £15bn boost would be incredible work by the government to be fair as according to the ONS trade in 2019 totalled £31.4bn which was a record year.
Imagine it will impact the car industry significantly, will be interested to see Grendel's take on the deal given his experience in that area.
A £15bn boost would be incredible work by the government to be fair as according to the ONS trade in 2019 totalled £31.4bn which was a record year.
Imagine it will impact the car industry significantly, will be interested to see Grendel's take on the deal given his experience in that area.
I believe its 15 billion over 10 years... So it's 1.5 billion A year... We ofcourse need to make many many MANY more trade deals to see the overall effect on GDP
So basically no nett gain. Damage limitation.it makes up between 0.7 and 2 percent of lost trade and mirrors the japan eu deal
Even the phasing out of auto tariffs is identical to the EU-Japan trade deal.it makes up between 0.7 and 2 percent of lost trade and mirrors the japan eu deal
Come on, why try to turn something relatively positive into a negative ?!!
The statement indicates it goes beyond the EU/Japan trade agreement in certain areas (financial services, food etc). I’ve not studied both trade deals so don’t know if this is true or not...sure it’ll come out in due course but wouldn’t be surprised as the EU is likely to be more protectionist (in relation to certain sectors) than ourselves.
Still hope we reach a decent trade agreement with EU but time is running out. Hopefully both sides see sense
Looking at some articles it does look like it’s possibly going to save the Nissan plant which is a huge boost
Come on, why try to turn something relatively positive into a negative ?!!
The statement indicates it goes beyond the EU/Japan trade agreement in certain areas (financial services, food etc). I’ve not studied both trade deals so don’t know if this is true or not...sure it’ll come out in due course but wouldn’t be surprised as the EU is likely to be more protectionist (in relation to certain sectors) than ourselves.
Still hope we reach a decent trade agreement with EU but time is running out. Hopefully both sides see sense
Looking at some articles it does look like it’s possibly going to save the Nissan plant which is a huge boost
Yep and this has been said by the Japanese.On what basis? No tariff on imported parts? You'd have to think that tariff / barrier-free access to the European market is still a pretty big ticket for Nissan in Sunderland
I was beginning to think that myself, moreso with regards to the JIT imports area. Won’t help Sunderland much if the tracks are halted with lorries full of equipment to be assembled in Sunderland stuck at one of the Farage GaragesOn what basis? No tariff on imported parts? You'd have to think that tariff / barrier-free access to the European market is still a pretty big ticket for Nissan in Sunderland
I thought government had given commitments to save the plant beforehand anyway.On what basis? No tariff on imported parts? You'd have to think that tariff / barrier-free access to the European market is still a pretty big ticket for Nissan in Sunderland
It’s walking a tightrope. It’s been teetering from saved to being in danger (especially from a hard Brexit) all year.I thought government had given commitments to save the plant beforehand anyway.
I was beginning to think that myself, moreso with regards to the JIT imports area. Won’t help Sunderland much if the tracks are halted with lorries full of equipment to be assembled in Sunderland stuck at one of the Farage Garages
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