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Why do you think it's not in EU's best interest to trade with UK? UK is over 65mln country, great market - certainly not the one you would want to get isolated
by ramtatatam 10y ago
Why do you think it's not in EU's best interest to trade with UK? UK is over 65mln country, great market - certainly not the one you would want to get isolated from.
- usgroup 10y agoIt is in their interest; however the political integrity of the EU is more in their interest and the two are at odds with each other. Further, it isn't about isolation, rather the nature of the deal. The UK must trade with the EU at least in part because the current account deficit implies that we provide value add services: the initial value of which needs to be imported.
- ramtatatam 10y agoWe leave in such interesting times :-) We will observe very future of this political project. It evolved a lot since it's beginnings, I can't wait to see what will it evolve to.
- tonyedgecombe 10y agoThe EU is many countires, only a few of them have any significant exports to the UK but they all have to agree.
- pjc50 10y agoIt's not so much whether to trade but on what terms, in what goods, whether there is a customs barrier and whether EU rules conflict with other deals. E.g. when we're out of the CFP, will Spain block imports of UK seafood in retaliation? If we subsided e.g. steel, would that be subject to anti dumping tariffs? There's an almost infinite amount of detail in which we could lose out.
- ramtatatam 10y agoI would not make such predictions - there is always 'what-if' game we can play. 'what-if' UK gets trading boost with Australia? ;-) Lets stay positive and make sure we grow our businesses (as usual).