TRADING WITH EUROPE POST BREXIT
I cannot believe how stupid some Politicians are concerning the UK's Future TRADING Relationship with the European Union post Brexit.
Most of then assert that if the UK are not in the Single Market, it will be doom and gloom for British Companies, a disaster for British jobs, a downturn in the Economy.
The Lib Dems, Plaid Cymru, the Scottish Nationalists and of course Labour echo these False views.
Many people in the UK follow these views thinking that the UK will not be able to trade with the UK post BREXIT. They believe that if the UK are not in the Single Market, Britain will be the loser.
WRONG on all counts !
As a member of The World Trade Association, Britain will continue to trade with the EU.
If the Single Market impose taxes on British goods, the UK will still be able to trade with The EU.
Here are some of the actions the UK can take if the EU impose taxes on British goods and services.....
1 - Reciprocate with taxes on EU imports. Who will lose ? The EU.
Britain buys far more goods from the EU than the EU buys from the UK.
2 - Britain will forge new Trade deals with the rest of the World. Great opportunities for British Companies.
3 - Corporate tax in the UK is already one of the lowest in the World compared with EU rates.
4 - The £ / Euro rates can be manipulated into Britain's favour since we are not in the Eurozone.
5 - Britain will need to improve productivity to maintain a competitive advantage.
6 - It is unlikely that a Joint Venture Companies between UK.and EU with be split up.
So, post BREXIT the UK will continue to trade with the EU.
UK negotiations with the EU will be a Joint Interest Exit.
Reality will click in. Reason will probably conquer.
The Red Line in the UK / EU negotiations should be British control of Immigration.