Sick Boy
Super Moderator
As it 100% should do.
As it 100% should do.If you’re gambling man, put money on the EU issuing more tit for tat retaliatory tariffs in place on the US…
They base themselves in Ireland for the low corporation tax but also access to the EU market, something that the UK can’t provide.The governments economic policy should really look to incentivise foreign investment, manufacturing and offer a corporation tax in line with (or lower) than Ireland so companies base themselves here rather than the EU. Not that I’d expect a Labour government to do these things…
0% on Russia.20% on EU.
10% on UK.
Brexit is very divisive. No one can argue this isn't a benifit though. Hopefully it can start paying off. Looking forward to the meltdown and laughing emojis!
To be fair, it’s a hell of a long way away from what was promised during the campaign.20% on EU.
10% on UK.
Brexit is very divisive. No one can argue this isn't a benifit though. Hopefully it can start paying off. Looking forward to the meltdown and laughing emojis!
The naivety in this statement is staggering. Trump is deliberately orchestrating a worldwide trade war that’s going to be felt in every country in the world regardless of whether they had zero tariffs applied to their goods or slightly smaller tariffs than anyone else. The last time the world was affected by financial decisions in the US it caused a worldwide banking crisis and a global recession. We wouldn’t have escaped the effects on that had we not been in the EU same as won’t escape the effects if Trump hadn’t imposed any tariffs on UK goods at all.If Trump’s tariffs are long standing, it might actually turn out to be the biggest Brexit dividend. Particularly if we secure a trade deal.
It puts the UK in a unique position to potentially attract US and EU companies to set up in the UK to avoid the other’s retaliatory tariff regimes.
It’s too soon to say either way, mind you.
Svalbard got me, I'm sure I read they have more polar bears than actual peopleView attachment 42322
The British Indian Ocean Territory is mostly Diego Garcia which is famously just a US military bases? The Heard And McDonald Islands have no population?
Do any of them have a clue?
Preface: I was a Remainer and advocate for a 2nd referendum.
Brexit has happened and we’re 5 years into a project that’s readjusting from a 50 year status quo. A few people on here and social media think rejoining is this magic thing that will cure Britain’s ills. It’s not and if it was, why are all the major EU economies suffering from more or less the same issues as us?
Tangent aside and back to the point you made, we’re in a position to take advantage of emerging markets with CPTPP and a USA trade agreement would be significant too so the long term outlook for the UK, from an international trade perspective could be quite positive. There are obviously other issues we need to address as a country, mind you.
The governments economic policy should really look to incentivise foreign investment, manufacturing and offer a corporation tax in line with (or lower) than Ireland so companies base themselves here rather than the EU. Not that I’d expect a Labour government to do these things…
About to see my tech stocks absolutely plummet thanks to the orange twat.
That's no good. Trump will just retaliate with eleventy billion percent tariffs, back.As it 100% should do.
Easier to have no disposable income for such frivolities as that.I daren't look at my stocks and shares ISA.
Most of mine are invested in Europe and have lost some %, but we have about 25k euro in her bank "investment scheme" and it's all in American tech since trump took charge it already lost 1000 euro, expecting it to drop massively now.I daren't look at my stocks and shares ISA.
To be fair, it’s a hell of a long way away from what was promised during the campaign.
How were we not an independent nation before?Still, at least independence is now showing us some benifit. We got a much better tariff than the EU.
Put THAT on the side of a bus!
Trade is geographical that’s all there is to it. Everything else is fart sniffing and wish casting. Ireland is part of the EU, basing yourself here for the tax would introduce a ton of legal and regulatory costs that would outweigh any benefit.
How were we not an independent nation before?
How were we not an independent nation before?
I mean, I’ll take the wins where we can get them, but a 10% discount on tariffs that are likely to be unwound within four years is not going to justify Brexit on its own.What do you mean? We have 10%, the EU 20%. This is directly because of us leaving the EU.
Whatever you think of Brexit, this is a benefit of it. There are some attitudes popping up all over the internet today that just go to show that some people genuinely still don't want us to do well because they lost the vote back in 2016.
America is a mess right now, but this is an opportunity for us to take. It isn't time for small-mindedness.
I mean, I’ll take the wins where we can get them, but a 10% discount on tariffs that are likely to be unwound within four years is not going to justify Brexit on its own.
It’s like patting yourself on the back for blowing a hole in your ceiling and calling it a sunroof because the weather’s nice today.
If the tariffs are indeed intended as a negotiation tactic then the whole point of them is to be unwound. A Democratic president would also end the tariffs within hours of being inaugurated.That’s not a guarantee. The EU will escalate the trade war and the changing of the president doesn’t necessarily mean the trade war will end immediately.
The preferred strategy of declaring a trade war on the entire world is an interesting gambit tbf.That’s not a guarantee. The EU will escalate the trade war and the changing of the president doesn’t necessarily mean the trade war will end immediately.
The current status quo of allowing China to dominate manufacturing isn’t good geopolitically for ‘The West’ as a whole.
What exactly is the opportunity here?What do you mean? We have 10%, the EU 20%. This is directly because of us leaving the EU.
Whatever you think of Brexit, this is a benefit of it. There are some attitudes popping up all over the internet today that just go to show that some people genuinely still don't want us to do well because they lost the vote back in 2016.
America is a mess right now, but this is an opportunity for us to take. It isn't time for small-mindedness.
What exactly is the opportunity here?
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