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Freggyragh

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Everything posted by Freggyragh

  1. Freggyragh

    So the UK is finished says Theresa Mayhem

    You’re incoherent. Are you sure you are alright?
  2. Freggyragh

    So the UK is finished says Theresa Mayhem

    You make David Davis look clued up.
  3. Freggyragh

    holiday

    Sad.
  4. Freggyragh

    So the UK is finished says Theresa Mayhem

    It’s called partition - the great British solution.
  5. Freggyragh

    So the UK is finished says Theresa Mayhem

    I’m in favour of a second vote on which counties want to stay and which ones want to leave. Its a tried and tested British solution for such situations (which is why two thirds of Ulster had a hard border with the rest of Ireland for nearly eighty years).
  6. Freggyragh

    So the UK is finished says Theresa Mayhem

    The point is, Woody doesn’t know how much trade with the US is done with scheduled WTO tariffs and how much is WTO rules only. I think he assumes the U.K. will be able to roll over a proportional share of the EU tariff, but that’s a topic he finds deeply confusing. As it is, on average the US puts 1.5% on EU goods, but as a bigger market the EU is able to put, on average, a slightly higher tariff on US goods (1.9%). So the U.K. has excellent trade with the US as it is, without the US dictating terms (such as food safety). I think Woody is convinced the US will offer the same terms to the U.K. after Brexit as exists now. The reality is that the U.K. will have to cobble together some schedules before leaving, otherwise minimum non-schedule tariffs apply, which will kill U.K. exports to the US stone dead. The US (and every other jurisdiction) knows the U.K. is desperate, and as everyone who’s ever done business knows, that means a severe shafting - or, as Woody calls it; ‘sovereignty’.
  7. Freggyragh

    saudi embassy missing journalist riddle

    What seems to matter here is that Trump has hotels in SA and the U.K. & US flog a helluva lot of guns, bombs and bone saws to these fundamentalist oil barrons.
  8. Freggyragh

    So the UK is finished says Theresa Mayhem

    Give us a laugh woody, you wouldn’t ask the question if you didn’t know the answer - illuminate us oh wise one.
  9. Freggyragh

    So the UK is finished says Theresa Mayhem

    In this case I seem to recall that you supported the tit that nearly caused a mistrial. Im starting to see a pattern of you supporting things you haven’t through and then getting all upset and tearful when your cretinism causes the exact opposite of what you really wanted.
  10. Freggyragh

    So the UK is finished says Theresa Mayhem

    Woody’s lost the plot. Here’s a nice bit of Eurovision easy listening to calm your nerves: https://youtu.be/-b3XTj5G_SA
  11. Freggyragh

    So the UK is finished says Theresa Mayhem

    Steel and aluminium are the big two. Only three countries can sell steel and aluminium tariff free to the US, Nafta countries Canada and Mexico, and Australia. Australia doesn’t produce much steel, it exports ore. It does ship a fair bit of aluminium. The US slapped tariffs on steel and aluminium for global strategic reasons. They are very anxious about China, its steel and aluminium industries and the military as well as economic threat that goes with overcapacity in China. The EU has also wanted to increase tariffs on Chinese steel - it was the U.K. that argued against tariffs and wanted ‘market economy status’ for China. I wanted you to discuss steel because it is a good illustration of how ‘sovereignty’ would work after Brexit. The US, EU and China will all want to dictate trade policy to the U.K. on things like steel. Whereas up to now the U.K. has had significant leverage in the largest trade block, in the future it’ll be in a much tougher position. If you think the U.K. will be setting its own trade policy with China and then getting a free-trade deal with the US you have been sold a pup. Back to the first question; do you know of any country that has done well trading outside a trading block on WTO rules alone? As ever, one example will do.
  12. Freggyragh

    So the UK is finished says Theresa Mayhem

    C’mon Woody. I know one or two. Surely you can think of one.
  13. Freggyragh

    So the UK is finished says Theresa Mayhem

    One British export that the US puts tariffs of over 2% on? Just one will do.
  14. Freggyragh

    So the UK is finished says Theresa Mayhem

    You’re wrong. What tariffs do you imagine the US has on British goods at the moment? What is it that the U.K. exports to the US that has any significant tariff? I doubt you can name one category of goods that EU hasn’t negotiated a zero tariff, or less than 2% tariff for - because I don’t think there are any. There just might be some slightly higher tariffs on goods Germany exports to the US, but not on anything significant Britain produces. In the event of Brexit ever happening, the best the U.K. can hope for is David Davis or Liam Fox putting in a shift and getting a trade deal with the US as good as the one the EU has now. I think we both know those lazy toads would just balls it up and blame it on someone else, probably immigrants.
  15. Freggyragh

    saudi embassy missing journalist riddle

    Woodytips, not Woodyfacts.
  16. Freggyragh

    So the UK is finished says Theresa Mayhem

    Care to let us know what it is the U.K., as a member of the EU can’t export to the US or China that it will when it’s negotiating on its own. One product will do.
  17. Freggyragh

    So the UK is finished says Theresa Mayhem

    I didn’t claim the EU has a complete FTA with the US. Weaker trading blocks have FTAs with the US on US terms, but the EU doesn’t and probably won’t as long as the US insists on its low food safety standards, continues subsiding certain industries and protecting others with tariffs announced by Twitter. Nevertheless, the EU and US have dozens of industry specific deals and trade between the two is massive (with the EU coming out $100B p.a.ahead), with average tariffs at 1.5% for imports from the EU to the US, and 1.9% for trade the other way. Britain would have to plead for deals from scratch, with WTO tariffs wiping out profits and investment for as long as it takes to make deals. Imagine David Davis in such a desperate situation and trying to negotiate with the US. The countries on the list, plus the non-comprehensive deals with the US, China, Australia and others mean that almost all British products can currently be exported to just about any country that isn’t under sanctions or an embargo just about tariff free. You want to replace that with whatever agreements can be cobbled together by Davis and Fox? Just think about that for a minute.
  18. Freggyragh

    saudi embassy missing journalist riddle

    I only put cash on Woodytips.
  19. Freggyragh

    saudi embassy missing journalist riddle

    Good call.
  20. Freggyragh

    So the UK is finished says Theresa Mayhem

    What, as some sort of intelligence test? Or to see if they actually need a job?
  21. Freggyragh

    So the UK is finished says Theresa Mayhem

    Don’t fret old chum, the U.K. holds all the cards, it’ll be the easiest deal in history. Don’t forget, they need us more than we need them - or has the face-palm moment finally arrived?
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