Originally Posted by thenetworkbabe:
“Indeed it protects us from cheap Labour economies,”
Yes hardly anything in the UK is from a cheap Labour economy like China, Bangladesh, or closer to home Turkey.
Originally Posted by thenetworkbabe:
“Iprotects access to a large european domestic market,”
With whom we enjoy a large trade deficit. So obviously when we leave the EU they will enact trade barriers to cut their nose off to spite their face.
Originally Posted by thenetworkbabe:
“and gets us better trade deals, than we can get with our own, weaker, bargaining power.”
Yes as part of the EU the UK enjoys trade deals with the likes of Moldova population 2.9 million with a average wage of about £200 a month.
But not with eight of the UK's top ten major non EU export markets, many large population high income nations.
Originally Posted by thenetworkbabe:
“I miss Australian Cheddar , but its a small gain for worse access to a market thats vastly bigger. is like losing a fiver, and finding 20p down the sofa.”
The UK wants to make a trade deals with the EU and Australia.
Originally Posted by thenetworkbabe:
“And anyone who thinks a protectionist Trump is going to give anyone a decent trade deal , should really be buying rare , historic, 19 bob notes.”
Trump sells himself as a maker of great deals, he will want to make deals with other high income nations that do not undercut USA workers. Especially if he wants to end deals with likes of Mexico.