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What does an increase of 0.01% of GDP get us?

(33 Posts)
Lollin Wed 16-Jun-21 08:17:29

I do not understand it. All at a time when we keep being told we’re bad to expect to have foreign travel for the sake of the environment and even before that were told it’s better for foodstuffs etc not to have travelled more miles than necessary, but yet they chose to ignore this when saying there are other countries we can do our own deals with. Cutting your nose to spite your face comes to mind every time.

Casdon Wed 16-Jun-21 08:14:07

There’s quite a demand for British goods in Australia to be fair, not least from the 1million+ Brits who have emigrated there.

Whitewavemark2 Wed 16-Jun-21 08:03:03

Oh yes sorry I meant to reference that!, apologise. But it is a safe assumption that it is the Guardian?

25Avalon Wed 16-Jun-21 08:01:25

You’ve been reading The Guardian again.The deal is not just about farmers which has already been discussed on another thread at great length. Interestingly enough Mary Quick of Quick’s cheese was on the radio and said Australia was her biggest customer although her cheese is much more expensive than theirs at the moment, but with the tariffs off she thinks it will be good for her company.

Financial, legal and professional services will probably benefit the most with the tariffs removed as that is something we do well. Cars, Scotch whiskey, biscuits, confectionary and ceramics will be cheaper to sell so increased trade prospects there.

Whitewavemark2 Wed 16-Jun-21 08:01:06

The issue is that the U.K. is in a much weakened position, and Johnson appears to be willing to throw anything to the wall in pursuit if his vanity project.

Fishermen and farmers, both big supporters of Brexit are the first thrown under the bus. They must be feeling so bitter.

Farmers in Kent are 90% short staffed of fruit pickers.

silverlining48 Wed 16-Jun-21 07:57:20

It doesn’t seem great does it, but they have to try, to show us we were right to leave the EU. Our first deal! Hooray! ? hmm.
It’s not convincing me and am still wondering where the millions ‘saved’ (as proclaimed on the side of the bus ) are. Not a ? peep.

MaizieD Wed 16-Jun-21 07:56:05

All for the sake of adulterated meat.

Well, it isn't really, is it?

It's all for the sake of somehow proving that the UK can make trade deals independently of the EU.

It does 'prove' it but it also seems to prove, yet again, that the UK is really not much good at negotiating deals. Particularly when done in a hurry to score a political point.

Once again I'm astounded that Johnson's tame Noddies in parliament are happy with losing their powers of scrutiny. I really wonder what we are paying them to do...

Whitewavemark2 Wed 16-Jun-21 07:41:45

Being hailed as a new dawn by Johnson, it seems from the little that has been put into the public forum, Australia has gained far more than the U.K. from this deal.

It is centred almost entirely on goods with the intention of eliminating tariffs over the next 15 years.

It will save each U.K. consumer 52p per year.

Under 35s can extend their holiday visa without having to work in Australia.

Farms will be protected by a cap on tariff free imports for 15 years.

Nothing has been said about the importation of hormone fed beef or animal welfare.
More than 30 active substances are allowed for example on sugar cane that are illegal in the U.K. e.g. paraquat
Antibiotics are used as growth promoter. Banned in U.K. 16 times more in use for poultry and triple in pogs.

Tariffs on wine will be eliminated saving 7-8p a bottle .

No vote on deal by parliament. But deal will be scrutinised once done.
Democracy seems to have a different meaning in the U.K. to how it is generally understood.

For Australian farmers it is a big win.
For U.K. farmers it is a big lose. It is expected that many farmers will go to the wall.

All for the sake of adulterated meat.