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"They were also clear that the EU had to accept once again that it was dealing with an independent and sovereign country and that any agreement would need to be consistent with that status.
"We welcome the fact that Mr Barnier acknowledged both points this morning, and additionally that movement would be needed from both sides in the talks if agreement was to be reached.
"As he made clear, 'any future agreement will be made in respect of the decision-making autonomy of the European Union and with respect for British sovereignty'.
Wasn't there a deadline October 15th?
There'll be no deal, all they do now is trying to blame it on the other side.
If Boris would be a man of his word, deadline would have been the 15th, but since that'd have meant he's responsible we'll be playing who gets to be the last one "holding the stick" until the last day...
The UK had an overall trade deficit of -£72 billion with the EU in 2019. A surplus of £23 billion on trade in services was outweighed by a deficit of -£95 billion on trade in goods. The UK had a trade surplus of £46 billion with non-EU countries.
Services accounted for 43% of the UK’s exports to the EU in 2019. Financial services and other business services (a category which includes legal, accounting, advertising, research and development, architectural, engineering and other professional and technical services) are important categories of services exports to the EU.
There are currently no tariffs on goods traded between the UK and EU – the UK is scheduled to continue to use the EU’s Common External Tariff until 31 December 2020, when it will be replaced by the UK Global Tariff.
Please, you guys are in no position to bargain.
I'll say it again, you guys had it pretty good.
Please, you guys are in no position to bargain
originally posted by: Jubei42
a reply to: alldaylong
This is basic economics here.
The price of trade is going up across the board.
You will have to pay more for the same, almost 4 to 1 compared to how much more the EU has to pay more for the same.
We all lose, except you pay quadruble
originally posted by: alldaylong
So please tell me why The EU is acting like a stalker and keeps pestering The UK to return to the trade negotiations ? Michel Barnier has benn calling London everyday since we pulled out the talks. Now he is saying The EU are prepared to treat The UK as a Sovereign Nation.
That is simple common sense that The EU needs us more than we need them.
originally posted by: Jubei42
This is basic economics here. ... We all lose, except you pay quadruble
If there are WTO terms, then BMWs will be more expensive in the UK because the German's will have to pay a tariff which gets passed on to the UK customer
What fish is caught in UK waters?
In the UK, we export most of the seafood we catch in our waters. This is because foreign seafood markets greatly value UK species, such as langoustine, crab and mackerel, while domestic consumers focus their purchases on a smaller range of species, such as cod, salmon and haddock.
How much is the EU fishing industry worth?
In terms of output, the EU's aquaculture sector was the eighth largest worldwide, with a 1.6 % share of the volume of global output in 2016. The value of the EU's aquaculture production was an estimated EUR 5.1 billion in 2017, about two fifths of the total value of the EU's total production of fishery products
How much is the GB fishing industry worth?
The UK's fishing and fish processing industries employ 24,000 people and contribute 1.4 billion pounds (€1.6 billion, $1.8 billion) to the UK economy, according to a House of Commons research library briefing. That is a mere 0.12% of GDP involving under 0.1% of the UK's 33-million national workforce.