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Which other countries in the world have completely tariff free trade in the same way that the EU does?
Poll: The EU Referendum: How Will You Vote? (March Poll)
- Thread starter Burnsy2023
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Which other countries in the world have completely tariff free trade in the same way that the EU does?
Soldato
It makes it easier to get a decent deal whether that is tariff free on everything we will see but even if we go like for like then they have more things they will want tariff free than we do.
What is a significant additional benefit of being outside the EU is the UK can arrange its own tariff free deals with other countries which isn't possible being in the EU. This will massively boost trade outside of the EU. It is potentially a double boost of we negotiate a great agreement with the EU as well.
Do you seriously think the only reason we don't have tariff free trade with other countries in the world is because the EU won't let us!?
Most countries do not want tariff free trade as they wish to set tariffs on the first place - most of the rest of the world is fairly protectionist when it comes to trade.
Soldato
If we'd have 'no problem' finding alternative buyers for our services, why aren't we currently selling to them anyway? And you have to think about geographic reality/time zones... the EU is convenient for services because they're one or two hours ahead. The only other places which are the same are countries in Africa. Obviously we can sell services to countries far ahead and behind us in terms of time zone, but the EU is ideal in that sense.
Actually I give a significant amount of services to US and Asia and it isn't a problem. There is enough of an overlap in start/end of the day to have meetings. We will also be able to negotiate tariff free services outside of the EU which will unlock this trade opportunity more.
Yes, I am sure the rest of the world will happily open themselves up to foreign competitors by virtue of tariff free services just because we ask them too.
Soldato
[TW]Fox;29335746 said:
Depends on how protectionist their economies are. If we are talking China then yes, but everyone has this issue so competitively there is no disadvantage.
Soldato
We would be more desperate to secure tariff free deals. You think it will be easier because they have more things they want to tariff but in reality they dont particularly NEED the EU-UK trading to be tariff free as much as we need it to be. Members of the eu have plenty of trading options within the EU to keep things tariff free if the UK leaves.
As for arranging our own tariff deals outside the EU, this is all dreams and wishes for the moment and not because we haven't left yet...
Soldato
The EU is protectionist. If we want to import lobster from the US the Swedish start hopping up and down. Etc.
Countries within the EU do not have this issue, which of course is the point...
Soldato
They only protect elsewhere in the EU and not the UK? Those awful bureaucrats!And they're protectionist, but would change their tune when arranging a deal with the UK post Brexit?
We need to be able to get the best deal whether that is EU, US, China or even the UK etc. Not have businesses lobby the EU to block the trade because it is going to harm an EU business. It is uncompetitive and means large businesses have too much power in politics.
Soldato
It isn't either or. We will be free to seek all trade opportunities.
Tariff free trade is exceptionally rare. It almost doesn't ever happen on a universal basis - it took a political union in the form of the EU to achieve it in Europe. If you think we can just randomly 'seek' tariff free trade with the rest of the world then you are very much mistaken.
Even countries with shared values and shared land borders - ie the US and Canada - do not have completely tariff free trade. If they can't manage it what makes you think we will?
[TW]Fox;29335815 said:
They seem to have faith that our politicians will be able to negotiate these amazing deals with the rest of the world due to our economic size....the same politicians they criticise for not being able to stand up and negotiate good deals for us with the EU...
Soldato
[TW]Fox;29335815 said:
What's important as is the case with Canada and US is the trade is free or with minimum tariff as it is not prohibitive and where necessary. Canada and US have huge trade with each other. The best deal in business is a win-win deal. No party should look to try and do over the other. The huge amount of trade and fact that the UK is by far the largest market for EU trade makes it a great opportunity for the UK and EU.
Soldato
100% this. We're some hooray-Henry, debt-ridden little island that at times manages to punch above its weight and us leaving will achieve nothing.
As above, the trade that's possible for the UK. That's gone if we leave.
Soldato
Cameron wont be around for long after we leave European Union of Cultural Marxist Republics, to promise us half a loaf of bread and pretend it's a victory when he brings us back mouldy crumbs
Indeed, it does show a level of arrogance that seems rife with euro skeptics, that we deserve all this special treatment and that we'll get it because we're a world power.
Cameron wont be around for long after we leave European Union of Cultural Marxist Republics, to promise us half a loaf of bread and pretend it's a victory when he brings us back mouldy crumbs
I didn't say Cameron, so tell me out the current crop of potential replacements, as I do think he will be gone if we vote out, who is not of the exact same political mould of the political elite we have had for the last few decades
I've just read the past few pages, you're just posting constant straw man arguments. I hope you're being paid by the government to post here.
Soldato
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Nobody said they didn't. But did they demonstrate anything favourable? It took the best past part of a decade to agree that FTA, after a twenty year hiatus, and it's not there yet still. America wasn't in a particular rush to sign either, and got the better side of the terms!
But you've obviosly read the deal itself, yes, and you knew how long it took to get the opposition in the US to making new FTAs down, in the first place? Here: https://ustr.gov/trade-agreements/free-trade-agreements/korus-fta; you can count them (who is a more proactive trade bloc in approaching other nations? It's not the US) for Korea the wiki entry for this is being fought over, so go straight to the sources at the end: https://en.wikipedia.org/wiki/Free_...d_States_of_America_and_the_Republic_of_Korea.
In fact, the Office of the USTR lists all major US FTAs. Tell me, are the smaller economies winners? Does America offer a better market than the EU?
Why should we choose to approach them from a position of weakness?
What's the point of leaving, if the EU either already has agreements with the major markets we are interested in, or is in the process of negotiating access to them; this includes the US, Japan, China, India, Russia, etc?
Why not leverage the EU to get the deals we want, whilst remaining a member of the largest free trade bloc?
The EU offers greater pooled negotiating power, a healthy economic buffer and a system of checks and balances to counter the biggest of players like China and the US. How would you get any of that independently? EEA? Think again.
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