Bojo U-Turn here we come

[SirGalahad]

You're just being silly now, or do you really believe the EU are daft enough to blow their foot off with a 12 bore.

https://fullfact.org/europe/uk-eu-trade/

That tired argument. Using your analogy we would be blowing our head off.

So why are you scared of leaving?

 

[fillyboy]

From your link it says EU exports 8% to UK.

Hardly a 12 bore, more a pea shooter

The EU will protect its 4 freedoms and its no deal preparations are miles ahead of UK.

That would be 8% of the remaining 27 member states, not 1 single country.
From the same link:

It’s often claimed that other EU countries sell more to us than we sell to them. Taking other EU countries as a bloc, that’s correct.

In 2017, the rest of the EU sold about £67 billion more to us in goods and services than we sold to them, according to UK data—so the UK runs a “trade deficit” with the rest of the EU.

So, they sell more to us than we sell to them, tariffs will hurt them more than us, most notably Germany and Spain. There will either be a deal, or a suspension of applying WTO rules until a deal is agreed.

 

[fillyboy]

So why are you scared of leaving?

I'm not, you are. Perhaps you need to re-read my posts, you seem a little confused.

 

[JohnD]

It’s often claimed that other EU countries sell more to us than we sell to them.

Tell me, what proportion of EU27 exports are sold to UK?

And what proportion of UK exports are sold to EU27?

 

[fillyboy]

Tell me, what proportion of EU27 exports are sold to UK?

And what proportion of UK exports are sold to EU27?

It's all in the link John, all in the link, writ large for anyone who can be ar55ed to read it. The EU sell 67 billion more in goods and services than we sell to them, tariffs would hurt 'them' more than us, the proportion or percentage is irrelevant, not least because nobody has a scooby as to what degree our exports are skewed by the 'Rotterdam effect', nobody's ever seen any reason to analyse that figure, so the deficit could in fact be far greater.

 

[JohnD]

Tell me, what proportion of EU27 exports are sold to UK?

And what proportion of UK exports are sold to EU27?

You don't want to say.

Because to admit the truth would make you look like an idiot.

If EU27 loses 4% of its exports, will that hurt much?

if UK loses 40% of its exports, will that hurt less? or more?

 

[gasbanni]

Yes, prior to the referendum, anti-EU liars like Farage, Gove and Buffoon were telling us we'd have a fantastically good deal, what with us holding all the cards, and them foreigners being under an obligation to do a deal with us.

The lies melted away like frost in the morning sun.

Luckily they had a fresh set of lies to throw around.

Oh you so so want it not to happen .....tough.

 

[fillyboy]

You don't want to say.

Because to admit the truth would make you look like an idiot.

If EU27 loses 4% of its exports, will that hurt much?

if UK loses 40% of its exports, will that hurt less? or more?

Here's a breakdown by country John, from the same link, you tell me who it's going to hurt the most. I doubt German and Spanish manufacturers will be looking at the figures from your strange viewpoint.

 

[JohnD]

Still refusing to admit the truth, aren't you.

You don't want to say.

Because to admit the truth would make you look like an idiot.

If EU27 loses 4% of its exports, will that hurt much?

if UK loses 40% of its exports, will that hurt less? or more?

 

[fillyboy]

You don't want to say.

Because to admit the truth would make you look like an idiot.

If EU27 loses 4% of its exports, will that hurt much?

if UK loses 40% of its exports, will that hurt less? or more?

Not at all John, there are different percentages in the link rising to 16% dependant on which figure are analysed and how, what is clear is that we are the EU's largest trading partner (or 2nd largest after America on some estimates). And you say they won't care, good Lord man, grow up.
As for looking like an idiot, hmmmm. Let's see what November brings.

 

[SirGalahad]

So, they sell more to us than we sell to them, tariffs will hurt them more than us, most notably Germany and Spain. There will either be a deal, or a suspension of applying WTO rules until a deal is agreed.

The EU sell 67 billion more in goods and services than we sell to them, tariffs would hurt 'them' more than us,

Never laughed so hard at utter rubbish.

Once you trade under WTO you cannot suspend that for any country unless you have a FTA because it falls foul of the MFN rule.

We drop tariffs on EU imports we drop them for all countries.

If we place tariffs on EU imports, prices will go up, our trade with the EU will drop, thats a fact.

Generally the size of the fall depend on level of tariffs, price elasticity of the goods, currency level.

 

[Notch7]

So, they sell more to us than we sell to them, tariffs will hurt them more than us, most notably Germany and Spain. There will either be a deal, or a suspension of applying WTO rules until a deal is agreed

So what you are saying is the UK will negotiate a deal.

Like the May deal: worse than the current deal.

And whatever happens, far more damage is and will be far worse for the UK than the EU.

Luckily the UK have put extensive plans in place to cope with a no deal. Unlike the EU which have done nothing.

Oh wait a minute, did I get that right

 

[Ihavenojob]

We will be out of the EU so will be trading as a third country so EU countries will apply tariffs on imports from the UK.

And we will impose tariffs on eu exports to the UK, works both ways you know. We also save a few bob by not being held to ransom with huge payments we are making at the moment.

 

[JohnD]

And we will impose tariffs on eu exports to the UK

So the UK consumer will pay higher prices for his bread, vegetables, fruit, meat, clothes, carpets, paper, cars, tyres, steel, cutlery, glasses, furniture, brandy...
The UK consumer will be pleased with that, will he?

And buyers in other countries will find our goods more expensive than, for example, goods of equal quality from EU27. I wonder which they will prefer?

Hatejob was obviously off sick the day his school talked about economics and international trade.

 

[transam]

Johnson made a rousing speech today

Rallied the troops

Good for moral

Put the great back into Britain

Looks like we will.be taking no prisoners