Message from @Weez
Discord ID: 616022359752704131
also, it isnt ratified
Yet
Sure but read through it. The standards set de jure make qualified producers Merican.
what do you mean by that? That the UK will be able to trade via it?
Basically yes they get access to the same product set via US suppliers in a FTA.
But the UK is not a part of the deal?
wat
Also, I mean come on they'll get a deal with Canada that'll put them within inches of an integrated market.
Even if they don't get deals from American and Canada (which they will) trading on WTO standard with all the other countries is a better deal than anything the EU is offering
idk, not my problem🤷
The trade deal hasn't even been negotiated yet, so how can you say that? @randomNPCno3
The ideal is: Free trade so that goods can move with as little friction as possible from A to B.
WTO adds tariffs in the way, increasing the costs of those goods
And the EU won't add tariffs if the UK does a hard Brexit?
The UK will be trading with the EU on WTO rules
Didn't you say like...3 hours ago that the EU would place tariffs on UK goods?
Yes
Through the WTO
or by "they" were you referring to the WTO?
Yeah, I should have been clearer
Sounds like the EU would be throwing a bit of a tantrum
alternatively, sounds like a spiteful GF
🤷🏻
Spiteful for sure, but justified tbh
How so?
We didn't honour our agreements
Which ones?
Why should we be treaded any differently?
WTO rules don't regulate or tax you. Pretty easy to make up the difference.
In regards to the 'divorce bill'
how so?
Currently as a member, we need to keep paying into the budget
There's the pensions which we will need to pay our end of
And, as I pointed out before, losing access to UK markets is a substantial hit to German GDP. Bearing in mind their already in negative bond yields.....
Well, the EU isn't Germany
Though the Germans have influence in it
https://www.bloomberg.com/news/articles/2019-06-11/germany-gets-a-recession-warning-as-investor-confidence-plunges
<:pot_of_kek:544849795433496586>
Isn't the EU mostly funded by Germany?
It might be 20 percent of the budget?
Tops