Now that Britain has voted to leave the EU, what comes next?

[mommysboy]

the ignorance of some! Proximity of country is not the most important factor in selling products and services in a global world.

that is correct. but exporting products into a jurisdiction which does not levy any customs or excise duty as well as low freight and packing cost are very important factors.

Especially when you are not competing on labour costs

It has a lot to do with market familiarity. You will be way more familiar with your local neighbours than half a world away. You will be much more comfortable on average with people who your know and trust in your organization that also are familiar. You will travel and meet more often and you will be more comfortable on average with regional customs than alien ones half a world away. 50% of Canada's GDP is dependent on the US - our closest large market (then the EU) which is across the pond.... It is those that it is important to get the best access to their markets because of this. The UK is walking the opposite way. They seem to think that ... the US will be chomping at the bit to sign an agreement that will give the UK access like it has in the EU.... not even close. US is still fairly protectionist even though they portray the opposite. It is a very very long process to get a trade agreement, and only if the political winds make the congress give the executive branch fast-track authority (up or down vote only) rather than normal authority where you are dealing with every single little vested interest in Congress. Even then Congress is not the most friendly to trade agreements - it is all politics regardless of gain.

UK already has strong trade links with USA. Most of the stuff we deal in is high tech, medical I think, as well as the brand names.

The term 'free trade'i s an oxymoron- there is no such thing as free trade. There is a price somewhere. Take EU for instance - the price is open borders.

[mommysboy]

Wonder who will bear the cost of all the welfare cuts we will be having. Personally given the spread of voters I would say the elderly were most for Brexit so it's only fair they should be first in line. Regrettable.

I've never claimed welfare, don't see the need for it, work or starve.

I've always believed in social welfare, but there comes a time when it is too expensive. You have to be pragmatic about life as well as kind. Plus, there will be plenty of jobs picking fruit. Yes, it really is a case of survive or die now.

[SheungWan]

Wonder who will bear the cost of all the welfare cuts we will be having. Personally given the spread of voters I would say the elderly were most for Brexit so it's only fair they should be first in line. Regrettable.

I've never claimed welfare, don't see the need for it, work or starve.

I've always believed in social welfare, but there comes a time when it is too expensive. You have to be pragmatic about life as well as kind. Plus, there will be plenty of jobs picking fruit. Yes, it really is a case of survive or die now.

I guessing if it were 'work or starve, all the Polish, Syrians and the rest of the EU rubbish wouldn't be so keen to move to England.

'....and the rest of the EU rubbish'. Why do people thinks this type of outright racism is acceptable?

Edited July 6, 2016 by SheungWan

[dick dasterdly]

the ignorance of some! Proximity of country is not the most important factor in selling products and services in a global world.

that is correct. but exporting products into a jurisdiction which does not levy any customs or excise duty as well as low freight and packing cost are very important factors.

Especially when you are not competing on labour costs

It has a lot to do with market familiarity. You will be way more familiar with your local neighbours than half a world away. You will be much more comfortable on average with people who your know and trust in your organization that also are familiar. You will travel and meet more often and you will be more comfortable on average with regional customs than alien ones half a world away. 50% of Canada's GDP is dependent on the US - our closest large market (then the EU) which is across the pond.... It is those that it is important to get the best access to their markets because of this. The UK is walking the opposite way. They seem to think that ... the US will be chomping at the bit to sign an agreement that will give the UK access like it has in the EU.... not even close. US is still fairly protectionist even though they portray the opposite. It is a very very long process to get a trade agreement, and only if the political winds make the congress give the executive branch fast-track authority (up or down vote only) rather than normal authority where you are dealing with every single little vested interest in Congress. Even then Congress is not the most friendly to trade agreements - it is all politics regardless of gain.

UK already has strong trade links with USA. Most of the stuff we deal in is high tech, medical I think, as well as the brand names.

The term 'free trade'i s an oxymoron- there is no such thing as free trade. There is a price somewhere. Take EU for instance - the price is open borders.

And that's why so many are pissed off . Free trade should mean exactly that - no bribes/ridiculously overpaid bureaucracy to be paid for by the consumer.

[dick dasterdly]

Wonder who will bear the cost of all the welfare cuts we will be having. Personally given the spread of voters I would say the elderly were most for Brexit so it's only fair they should be first in line. Regrettable.

I've never claimed welfare, don't see the need for it, work or starve.

I've always believed in social welfare, but there comes a time when it is too expensive. You have to be pragmatic about life as well as kind. Plus, there will be plenty of jobs picking fruit. Yes, it really is a case of survive or die now.

When the divide between rich and poor is growing ever larger, its time to insist that the rich pay their fair share.

Those on PAYE have to pay their taxes, whilst the rich find ever more inventive ways around it.

Edited July 6, 2016 by dick dasterdly

[nausea]

Well, as nobody expected the UK to leave apart from the Bank of England, who made contingency plans, I stand back amazed. As for Cameron, Boris, and Farage - nothing unusual there, create a mess, then leave. Seen it many times in my career, not on such a grand scale though.

[pitrevie]

I guessing if it were 'work or starve, all the Polish, Syrians and the rest of the EU rubbish wouldn't be so keen to move to England.

'....and the rest of the EU rubbish'. Why do people thinks this type of outright racism is acceptable?

I dont even respond to his/her racist rubbish any more. In one post I was told if I didn't like the result I should go and live in Syria and that my Thai visa name sounded German. God knows what any Scots on this forum thought who might recognize Pitrevie or even indeed anyone in the RAF who had served north of the border. All this from a person who admits not to have voted in the referendum but has plenty to say about it now that is all over. However that is UKIP for you welcome to Farage land.

[MissAndry]

'....and the rest of the EU rubbish'. Why do people thinks this type of outright racism is acceptable?

Probably because it isn't racist.

Polish are white, Syrians aren't white ........ I was inclusive.

[bkkcanuck8]

'....and the rest of the EU rubbish'. Why do people thinks this type of outright racism is acceptable?

Probably because it isn't racist.

Polish are white, Syrians aren't white ........ I was inclusive.

Where is the limits of this white race? White as in caucasian aka caucasoid? Technically, I think Syrians and Lebanese would actually be considered caucasian or caucasoid when it comes to anthropologic terminology. Are Spanish and Italians more "white", are Greek white, how about those in Israel? I can think of many "racist epitaphs" for all sorts of Europeans (called by other Europeans) so just because they are "European" that somehow that saves them from "outright racism"....

Edited July 6, 2016 by bkkcanuck8

[Naam]

'....and the rest of the EU rubbish'. Why do people thinks this type of outright racism is acceptable?

Probably because it isn't racist.

Polish are white, Syrians aren't white ........ I was inclusive.

the number of white (very lightskinned) Chinese is higher than the population of any European country.

[mommysboy]

When could a state of emergency be declared? Perhaps we could do this the Thai way?

[bkkcanuck8]

the number of white (very lightskinned) Chinese is higher than the population of any European country.

I thought it was funny when I went to a restaurant with a Japanese lady (not someone that would be confused as an english student come to have fun before going back) in Toronto and the staff (Japanese) assumed I was Japanese and started talking Japanese.... and I did not think I looked Japanese.... she said there are lots of "white Japanese" so not difficult to get confused. Of course I bow similar to the way Japanese do when greeting and thanking - automatic - my father did and his father did).

Edited July 6, 2016 by bkkcanuck8

[Orac]

http://www.express.co.uk/news/world/688053/South-Korea-post-brexit-UK-trade-deal-Government-Australia-Canada-Germany-New-Zealand?ref=yfp

The likes of S Korea, India and China are not looking for trade deals because of their desire to buy British products however they will see the UK position as weak from a negotiating point of view particularly until its trading status with the EU is sorted which will probably take years to do.

There is a reason why the EU trade negotiations with India have been going on since 2007 as the EU is in a strong position and doesn't need to let Indian products have unlimited access.

Edited July 11, 2016 by Orac

[Orac]

http://www.express.co.uk/news/world/688053/South-Korea-post-brexit-UK-trade-deal-Government-Australia-Canada-Germany-New-Zealand?ref=yfp

The likes of S Korea, India and China are not looking for trade deals because of their desire to buy British products however they will see the UK position as weak from a negotiating point of view particularly until its trading status with the EU is sorted which will probably take years to do.

There is a reason why the EU trade negotiations with India have been going on since 2007 as the EU is in a strong position and doesn't need to let Indian products have unlimited access.

Fink for many years China has been making a huge amount of dosh from the UK via manufacturing, we gave it to them, India is catching up with the manufacturing thing. Many UK call centres were moved to India and other places to save dosh on staff salaries..These countries have been in the UK background for years.

They have but they want a lot more. One thing that was made very clear in Brexit the Movie was how protectionist the EU were when it came to foreign trade and this was one of the arguments made for leaving, that we could make our own trade deals much more easily without the EU holding us back. This is why all these countries are chomping at the bit to trade with us independently since they just want to sell us stuff that the EU was blocking before through the likes of tariffs and quotas.

[Naam]

They have but they want a lot more. One thing that was made very clear in Brexit the Movie was how protectionist the EU were when it came to foreign trade and this was one of the arguments made for leaving, that we could make our own trade deals much more easily without the EU holding us back. This is why all these countries are chomping at the bit to trade with us independently since they just want to sell us stuff that the EU was blocking before through the likes of tariffs and quotas.

[ilostmypassword]

They have but they want a lot more. One thing that was made very clear in Brexit the Movie was how protectionist the EU were when it came to foreign trade and this was one of the arguments made for leaving, that we could make our own trade deals much more easily without the EU holding us back. This is why all these countries are chomping at the bit to trade with us independently since they just want to sell us stuff that the EU was blocking before through the likes of tariffs and quotas.

The comment of a person who posts in emojis because words are clearly beyond his reach.

[Humberstone]

Hang on a minute !! How long does it take to negotiate a trade deal ? - this might take years to conclude. It's true that the UK can negotiate a trade deal with another country being outside the EU, but I seriously doubt the UK would have the same clout in negotiations alone as it would have had when being part of the EU.

[Naam]

They have but they want a lot more. One thing that was made very clear in Brexit the Movie was how protectionist the EU were when it came to foreign trade and this was one of the arguments made for leaving, that we could make our own trade deals much more easily without the EU holding us back. This is why all these countries are chomping at the bit to trade with us independently since they just want to sell us stuff that the EU was blocking before through the likes of tariffs and quotas.

The comment of a person who posts in emojis because words are clearly beyond his reach.

it is difficult to type roaring with laughter

[ilostmypassword]

The comment of a person who posts in emojis because words are clearly beyond his reach.

it is difficult to type roaring with laughter

And apparently impossible for you to explain why.

[MissAndry]

Has the UK cancelled all the German car purchase deals yet?

I would like to see some German unemployment to start off negotiations.

With a little bit of leverage we should be able to crash the Deutsche Bank.

Better to negotiate from a position of power IMHO.

Edited July 11, 2016 by MissAndry

[mommysboy]

They have but they want a lot more. One thing that was made very clear in Brexit the Movie was how protectionist the EU were when it came to foreign trade and this was one of the arguments made for leaving, that we could make our own trade deals much more easily without the EU holding us back. This is why all these countries are chomping at the bit to trade with us independently since they just want to sell us stuff that the EU was blocking before through the likes of tariffs and quotas.

The comment of a person who posts in emojis because words are clearly beyond his reach.

it is difficult to type roaring with laughter

Probably best to refrain then.

[lungmi]

Yeah, democracy in action that has committed a huge error. Now it's all about damage control. Sincerely, best of luck with that.

well sometimes democracy doesn't do what YOU want it too but it's the people's choice as it should be EVERYWHERE

Democracy ist the voice of cheated people misguided be political clowns and lying barons.

You already signed in? No, I don't believe. You are not senile like most brexiteers.

Learn to see the facts.

[Gweiloman]

The comment of a person who posts in emojis because words are clearly beyond his reach.

it is difficult to type roaring with laughter

And apparently impossible for you to explain why.

Wonder what Naam would come up with to challenge David Davis

http://www.conservativehome.com/platform/2016/07/david-davis-trade-deals-tax-cuts-and-taking-time-before-triggering-article-50-a-brexit-economic-strategy-for-britain.html

[lungmi]

Downunder Street 1o: Larry the cat with his wisdom will save little England.

[Naam]

Wonder what Naam would come up with to challenge David Davis

http://www.conservativehome.com/platform/2016/07/david-davis-trade-deals-tax-cuts-and-taking-time-before-triggering-article-50-a-brexit-economic-strategy-for-britain.html

it took about 90 seconds to find this daydreaming comment:

So we need to shift our economy towards a more export-led growth strategy, based on higher productivity employment. Fortunately, this will prove eminently possible as a part of a Brexit-based economic strategy.

but that's all the homework i am willing to do for my British friends today. more perhaps tomorrow. now i am concentrating on a glass of old Port.

[Naam]

David Davis

We should be expanding export support arrangements for companies too small to have their own export departments, but who wish to sell into these newly opened up market places: an 0800 number that a small specialist manufacturer in the North of England, say, could call for practical help in Shanghai and Sao Paolo, Cape Town and Calcutta.

[Naam]

David Davis

So how will this look if we get it right? We will have a more dynamic economy, trading throughout the world. Our businesses will have greater global opportunities, and will be more competitive. There will be lower prices in the shops, once we are outside the Common External Tariff. There will be higher wages for the poorest.

and Brits will live happily ever after.

[Naam]

An immigration system that allows us to control numbers. Control of our laws, so our lives are not hampered by needless and restrictive regulations.

correct!

[Naam]

David Davis

WTO rules would not allow us to explicitly offset the levies charged, but we could do a great deal to support the industry if we wanted to. Research support, investment tax breaks, lower vehicle taxes – there are a whole range of possibilities to protect the industry, and if need be, the consumer. Such a package would naturally be designed to favour British consumers and British industry. Which of course is another reason that the EU will not force this outcome, particularly if we publicise it heavily in a pre-negotiation White Paper.

the White Paper has to be issued in at least a dozen languages and sent to the individual EU countries. otherwise their governments will not be aware what's going on.

signed:

Simplicius Simplicissimus

[Gweiloman]

@Naam

Is that it? Guess you couldn't shoot it down then. Shame.