Plan for a very hard Brexit, German firms told

[northernladyuk]

actually talking with German colleagues they are very comfortable with giving German money to the EU to give to the other countries, because as they said....

"and then the people in those countries will buy German products anyway"

Milan.

This was part of the EU expansion deal - to open up Eastern European markets to Western European businesses.

[BlasterBates]

actually talking with German colleagues they are very comfortable with giving German money to the EU to give to the other countries, because as they said....

"and then the people in those countries will buy German products anyway"

Milan.

Indeed the Germans as do most Europeans understand what it is all about. Brits just don't want to be part of it so they need an "education", which will do them the power of good, as well as my bank account. All in all Brexit is a win/win deal.

[eek]

But it won't be thrown under a bus , this is a non argument for both remainers and leavers.

Its all about the value of the pound and import tariffs , one of the most expensive German exports BMW's I was leasing a BMW for about £420 per month a few years ago , in 2020 the same car with tariffs and low pound value will cost me about 11% more about £470 per month, still less than a days wages and I will still buy a BMW because unlike a Ford and Vauxhall which I can buy at half the price its the car I want and generally people who buy them are not on minimum wage.

Likewise for UK exports they will have tariffs on but with a low pound that makes them about the same price as pre Brexit prices.

Given that most people buy new cars by walking into the car showroom and asking what they can get for £x00 a month - I wouldn't be so sure on what the customer actually earns...

PS given that you claim to know so much about economics how is the monthly on a lease or PCP car calculated?

[northernladyuk]

Given that most people buy new cars by walking into the car showroom and asking what they can get for £x00 a month - I wouldn't be so sure on what the customer actually earns...

PS given that you claim to know so much about economics how is the monthly on a lease or PCP car calculated?

That sounds more like finance than economics.

[eek]

That sounds more like finance than economics.

economics is the science of finance - well its the bulltulip that allows finance people to claim things are improving....

[northernladyuk]

economics is the science of finance - well its the bulltulip that allows finance people to claim things are improving....

You don't even know what economics is!

[eek]

You don't even know what economics is!

believe it or not back when I was at uni a portion of the 3rd year economics degree course was on why the market for brand new / nearly new cars was so different.

[northernladyuk]

believe it or not back when I was at uni a portion of the 3rd year economics degree course was on why the market for brand new / nearly new cars was so different.

That is economics.

How the monthly on a lease or PCP car is calculated is finance.

[Cirrus]

Not when we end up walking away under WTO rules. Its inevitable.

You are implying WTO rules mean we have to apply non-zero tariffs to German imports.

Where did you get that from? All the talk is quite the reverse

Just to expand on this: if we have no deal with the EU and then push the Free Trade dream being bandied about all the time, BMW will face 0% import tariffs (that's what Free Trade means). They will thus sell the same amount of X1s to us. However British Qashqais and E-Paces will face a 10% surcharge right across the EU. Thus BMW will sell more X1s due to price elasticity. Right across the EU.
Do you think BMW are crying into their weissbier? Do you think they are begging Angela for a deal?

Brexit is killing us twice over - firstly with Brexit and secondly with Tariff-free imports

[original PM]

You are implying WTO rules mean we have to apply non-zero tariffs to German imports.

Where did you get that from? All the talk is quite the reverse

Just to expand on this: if we have no deal with the EU and then push the Free Trade dream being bandied about all the time, BMW will face 0% import tariffs (that's what Free Trade means). They will thus sell the same amount of X1s to us. However British Qashqais and E-Paces will face a 10% surcharge right across the EU. Thus BMW will sell more X1s due to price elasticity. Right across the EU.
Do you think BMW are crying into their weissbier? Do you think they are begging Angela for a deal?

Brexit is killing us twice over - firstly with Brexit and secondly with Tariff-free imports

So let me get this straight

Germany will be able to sell into the Uk with zero tariffs

But when the Uk tries to sell into Germany (or the EU in general) they will slap a 10% tariff on that

Can you expand on that at all?

Such as why?