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© Thomson Reuters 2020.No deal on Brexit trade very very likely, British PM Johnson says
By Guy Faulconbridge and Gabriela Baczynska LONDON/BRUSSELS©2024 GPlusMedia Inc.
21 Comments
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Nippori Nick
Boris is leading the UK into economic oblivion.
nostromo
Britain chose to leave the EU so I see no reason for negotiations. Johnson and his misguided pals need to accept whatever conditions the EU put on them - not the other way around. This has been a nationalistic political stunt that has backfired badly on Britain and will cripple them economically for several decades. Johnson is a clueless buffoon whose grip on the reality is tenuous at the best of times...
Mickelicious
Jolly japes for Boris, nothing more.
Criminal.
Desert Tortoise
Britain has been headed there fore a few decades. Bojo is just accelerating the process a bit. Even California with 2/3 the population of UK has a larger GDP.
robert maes
Or how a few “ upperclass” Brits can dump a whole nation in an enormous mess and disaster. The 51 % Brexiteers did not expect to wake up in Stonehenge I guess, but they will.
A lot of what the EU bought from the UK can be procured within the other 27 member states. And because of tariffs that becomes more likely to happen. But the UK must stil sell to EU member states but from a much much worse competitive platform. If “ sovereignty “means isolation on the beautiful British Isles and that is what makes them happy, be my guest.
itsonlyrocknroll
Assuming all is lost and import tariffs will prevail, what will these tariffs entail, appear like?
So a guide.
Complex is an understatement, there is over 11000 commodities.
Check UK trade tariffs from 1 January 2021
https://www.check-future-uk-trade-tariffs.service.gov.uk/tariff
Company UK Brighton EU component supply chain was ceased in February..
Ah_so
I think it was about political populists. They' were a minority in parliament but they feed into the fears of a portion of the population.
Even many of those who voted for it did not see what would happen.
If Britain leaves with no deal, and gets back its entire fishing waters, I expect French fisherman to blockade Calais, causing a series of shortages in the UK. It will not be good.
itsonlyrocknroll
No complains about California, the states tech industry is my business most valued customer, deal or no deal. Brexit or bust.
Those tariffs are truly eye watering.
Consumers wont entertain paying those prices.
British suppliers aided by government subsidies, plus a global market that will want a slice of the UK market will step in and undercut.
Desert Tortoise
I don't think anyone in California appreciates them. They have hurt a lot of businesses.
Jimizo
Now we can spend the next decade crediting or blaming the state of the economy on Brexit depending on which side you are on.
I’m pessimistic about it because of the extraordinarily poor quality of this government. David Dimbleby, a man who’s seen quite a bit in his time and is hardly known as a leftie, sees this government as the worst he’s ever seen.
Johnson is the wrong man in the wrong place at the wrong time.
itsonlyrocknroll
Johnson administration/government could, dare I say, will, fade and be replaced.
Johnson’s incompetent handling of the pandemic has indubitably sealed his fate.
Johnson delivered a solid Parliamentary majority, job done.
However, the political vultures, grey men in suits, vested interests are circling.
2021 the invisible’s will be pushing for across the board deregulation, comprehensive economic and fiscal change. Keep your eye on that louse, Dominic Raab
Mickelicious
On Thursday, Boris said,
Australia trades with the EU under WTO rules.
Slippery to the end, Boris. Worst PM ever.
itsonlyrocknroll
Who cares? Well let take a guess, the EU residents that have settled in the UK might want to have a say....
I employ, to date 430 from 16 member states, all are frightened as to their continued status.
EuroJP
Dec. 31st, 2020 at 23:59 ECT or GMT(?) you will see a deal. EU cannot stop negotiations. Now plan is on Sunday as last day. Who believe in it? EU will keep pushing for something so the German cars and French wine and keep going to UK
Desert Tortoise
Not blaming you in the least but in the mind of the Brexiteers you employing those terrible foreigners with their funny accents and unfamiliar habits is the whole reason to leave the EU.
Desert Tortoise
The concern is the that UK bleeds profusely from the resulting wound.
Mickelicious
Fog in the Channel: Continent Cut Off.
itsonlyrocknroll
Desert Tortoise, mine is just a personal political opinion. Only to be debated on JT
Where the business and employees are concerned, their welfare and support structure must be supported, respected and paramount.
My own personal opinion is secondary. The EU employees pay taxes and contribute to the local economy, they democratically deserve a say in the outcome and genuine support as to their status.