Bring back John Major

[Old Greg]

Exactly.

And 1,000% tariffs?

[KentPhilip]

And 1,000% tariffs?

1,000% tariffs?
Well obviously no trade will happen if there are 1000% tariffs.
It would lead to countries replacing import/export business with greater domestic business, which would lose the advantage of economies of scale, but would, certainly for Britain, bring freedom from the oppressive rules and shackles of the EU.

[Old Greg]

1,000% tariffs?
Well obviously no trade will happen if there are 1000% tariffs.
It would lead to countries replacing import/export business with greater domestic business, which would lose the advantage of economies of scale, but would, certainly for Britain, bring freedom from the oppressive rules and shackles of the EU.

So when there is no trade, what would be the impact of the removal of raw material imports into countries with few raw materials but industries (and domestic energy consumption) dependent on such imports? Have you thoroughly thought this through?

[KentPhilip]

So when there is no trade, what would be the impact of the removal of raw material imports into countries with few raw materials but industries (and domestic energy consumption) dependent on such imports? Have you thoroughly thought this through?

What base raw materials are there in Europe that cannot be sourced elsewhere? I don't know of any.
And even if there are, as I said, the UK will be able to recoup every penny of tariffs paid by charging the same tarrif to all goods and services sold into the EU.

[Old Greg]

So if every country in the world introduced equal trade tariffs, would it have no net effect?

No net effect on the governments, assuming balance of trade.

Of course clients and companies would have to pay these taxes. But these could be offset by the state using the income received to reduce the requirement for general taxation, which boosts business and profitability of domestic and intercontinental enterprises.
i.e. trade tariffs have no net effect.

What base raw materials are there in Europe that cannot be sourced elsewhere? I don't know of any.
And even if there are, as I said, the UK will be able to recoup every penny of tariffs paid by charging the same tarrif to all goods and services sold into the EU.

But it's not just European imports. You've stopped all international trade. How will Japan fuel its industry for example?

[KentPhilip]

But it's not just European imports. You've stopped all international trade. How will Japan fuel its industry for example?

Whatever tariffs the EU impose on the UK (and that the UK imposes on the EU in retaliation) have no effect on the UK's trading relationships with other nations.

When you are doing work for one client (or a client is doing for you), does this affect the work you do for others? No.

The EU is like a modern-day communist state - we want nothing to do with them other than to trade with them on mutually agreeable terms.

[DodgyAgent]

Most of the pro EU arguments are based around fear and a reluctance to change. In business, in life and everywhere else this resistance abounds. people will put up with a great deal before they will succumb to change. What is happening here with the EU is a metaphor of what goes on day to day.I remember one of my contractors who had charge of a system that no one else knew anything about, so the client kept extending and extending hiis contract for over 10 years.
I used discuss this with other contractors and the clients managers. In the end they fired him without having any cover for the system. Guess what it took a few people a few weeks to pick up enough knowledge to manage the system perfectly well without him.
Let's get out of the EU and let Scotland breakaway from the UK. Both countries will prosper.

[Platypus]

Let's get out of the EU and let Scotland breakaway from the UK. Both countries will prosper.

Agree.

[Flashman]

Agree.

Agree

[darmstadt]