UK will be first for trade deal - Donald Trump adviser
- Thread starter Blackleaf
- Start date
You are talking about a 'Free Trade' deal, not normalized trading.
Way back when the pro NAFTA people were spouting the benefits they lamely said 'you can get a sombrero cheap from Mexico' as if that was something Canadians were desperate for.
I will explain something to you. Whoever get's elected will be doing the 'moneys' work. Whoever funded these candidates (and there is a lot of behind the scenes money) they will control the direction the President takes. We have already seen that process in action with the taking down of the Bernie Sanders campaign.
But back to free trade, the British should not be giddy about free trades with anyone.
The only winners in NAFTA has been the Corporations. Canada and the USA have lost their manufacturing whilst the Mexicans, gaining lot's of work, have not seen their wages or standard of living improve.........
Jim Stanford writes (link is external) about the obvious problems with globalization as it's currently structured - and the need to meaningfully take into account the public interest before anybody other than the investor class can be expected to participate in the process:
The reality is that hundreds of millions of people across the developed world (and in many developing countries, too) have been hurt by globalization as presently practised: whereby mobile private companies decide what to produce and where, and every jurisdiction can only bow down to business in hopes of capturing a slice of scarce investment and jobs.
We must remember that the economic theory underpinning free trade assumes that all resources (including all workers) will be productively employed, that trade flows will be balanced and mutually beneficial, and that the efficiency gains from trade will be shared throughout society. In the quantitative economic models routinely trotted out to “sell” each new trade deal, these assumptions are embodied in mathematical equations imposing full employment, balanced trade and the existence of a “representative household” (portraying each country as one big family, happily sharing all its wealth). None of these assumptions has any connection to reality; they are all imposed for the mathematical (and ideological) convenience of the economists.
Acknowledging that modern free trade produces losers as well as winners allows us to start developing and implementing policies to moderate those downsides – and purposely share the upsides. This means actively managing trade flows, limiting beggar-thy-neighbour trade surpluses, supporting incomes for all workers, ensuring sensible and fair exchange rates, and actively fostering domestic investment in desirable, trade-intensive industries.
All this implies a much bigger role for government in managing globalization than free-traders imagine. But it would be an infinitely more effective response to the gathering backlash, than trying to convince suffering people that they have nothing to complain about.
It’s time trade tycoons address the dark reality of globalization - The Globe and Mail
No, we shouldn't be giddy with free trade with anyone.
Britain already trades with America, and trade between the two countries is increasing even though they have no trade agreement. Trade between Britain and the EU, however, is decreasing.
We don't need free trade agreements to actually trade. Trade is a natural human thing that has been going on for thousands of years. But I still think it's worth pointing out to the Remainers that Britain WON'T be at the "back of the queue" for any free trade deal with America as they kept telling us and got Obama to say.
And we have just seen the latest 'loser' reject a Free Trade deal. The people of Walloon realized they would be on the losing end of the CETA agreement and as such said no.
Thankfully for average Canadians the EU respects that NO and the deal is off. And why would I say that? Because if only Walloon felt they were going to be the 'losers' in this deal then the rest of the EU must have felt they would be the winners and Canada would be the 'losers'.
But at the same time I'm sure the EU 'winners' are talking to Walloon and trying to make a deal with them to also become the winners and ratify the deal which into makes Canada the 'losers'......
In the letter, Juncker said the EU is sensitive to Walloon concerns — which are focused on the region’s agricultural industries, perceived to be disadvantaged by the deal with Canada.
‘We can’t stop at last mile’: Still hope for Canada-EU trade deal as last-minute talks announced | Financial Post
After a few decades of living all this political bullshyt starts to become pointless. The human condition doesn't improve. Just keeps deteriorating. Pardon the apathy but it is all quite fawking boring , and, Brits are retarded.
And we have just seen the latest 'loser' reject a Free Trade deal. The people of Walloon realized they would be on the losing end of the CETA agreement and as such said no.
Thankfully for average Canadians the EU respects that NO and the deal is off. And why would I say that? Because if only Walloon felt they were going to be the 'losers' in this deal then the rest of the EU must have felt they would be the winners and Canada would be the 'losers'.
But at the same time I'm sure the EU 'winners' are talking to Walloon and trying to make a deal with them to also become the winners and ratify the deal which into makes Canada the 'losers'......
In the letter, Juncker said the EU is sensitive to Walloon concerns — which are focused on the region’s agricultural industries, perceived to be disadvantaged by the deal with Canada.
‘We can’t stop at last mile’: Still hope for Canada-EU trade deal as last-minute talks announced | Financial Post
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It shows exactly why the cumbersome EU takes so long to sign trade agreements and why an independent Britain will be able to create trade deals far more quickly.
It's why the Canadian trade minister has said that the EU will never be able to sign anything and why the Chinese, frustrated at the amount of time it has been taking to forge a trade deal with the EU (with all areas of the EU having to agree to one first), are happy with Brexit because it means they can quickly forge a trade deal with Britain.
I'm afraid the bureaucratic and cumbersome EU isn't fit for the 21st century and you have to wonder how long the Germans will put up with being dictated to by the smaller nations.