stock market crash

[scooterscot]

The EU is by definition a protectionist racket.

Then you need a history book... and stop reading the daily fail.

"The fundamental purposes of the European Union are to promote greater social, political and economic harmony among the nations of Western Europe. The EU reasons that nations whose economies are interdependent are less likely to engage in conflict."

https://europa.eu/european-union/abo...eu-in-brief_en

[scooterscot]

Subsidies to French farmers cover all these basis.

Exactly, the basis, not the lost profits.

[TheGreenBastard]

Then you need a history book... and stop reading the daily fail.

"The fundamental purposes of the European Union are to promote greater social, political and economic harmony among the nations of Western Europe. The EU reasons that nations whose economies are interdependent are less likely to engage in conflict."

https://europa.eu/european-union/abo...eu-in-brief_en

That doesn't contradict it being a protectionist racket; that soundbite isn't mutually exclusive from protectionism.

"to promote greater social, political and economic harmony among the nations of Western Europe" == protectionism for Western Europe.

[BlasterBates]

That doesn't contradict it being a protectionist racket; that soundbite isn't mutually exclusive from protectionism.

"to promote greater social, political and economic harmony among the nations of Western Europe" == protectionism for Western Europe.

No more protectionist than every other trade block. Average tariffs and barriers are more or less the same in most countries.

You should check the Australia-US "free trade" deal that forces Australia to buy expensive US pharmaceutical products.

[scooterscot]

That doesn't contradict it being a protectionist racket; that soundbite isn't mutually exclusive from protectionism..

Can you provide an example of where the EU is protectionist? i.e. charges huge tariffs on imports to protect internal suppliers? (from Chinese tat might I add)

[TheGreenBastard]

No more protectionist than every other trade block. Average tariffs and barriers are more or less the same in most countries.

You should check the Australia-US "free trade" deal that forces Australia to buy expensive US pharmaceutical products.

That'd be a valid argument if I was using protectionism as an argument - follow the discussion, I'm not.

[TheGreenBastard]

Can you provide an example of where the EU is protectionist? i.e. charges huge tariffs on imports to protect internal suppliers? (from Chinese tat might I add)

Countries inside the racket don't pay the tariffs, which the EU can arbitrarily set for non-EU states.

What about this aren't you getting?

[scooterscot]

Let's try that again.

Can you provide an example of where the EU is protectionist? i.e. charges huge tariffs on imports to protect internal suppliers? (from Chinese tat might I add)

[Bean]

Let's try that again.

Can you provide an example of where the EU is protectionist? i.e. charges huge tariffs on imports to protect internal suppliers? (from Chinese tat might I add)

Do you mean something like this;
https://www.theguardian.com/business...rt-talbot-tata

Or, say, the average ~37% tariff on Dairy products?;
https://www.wto.org/english/res_e/bo..._e.pdf#page=84

Or something else?

[TheGreenBastard]

Let's try that again.

Can you provide an example of where the EU is protectionist? i.e. charges huge tariffs on imports to protect internal suppliers? (from Chinese tat might I add)

You're impressively thick.