Reply to: UK to benefit from new free trade deal

[Cirrus]

and this is the free trade zone that the U.K. is leaving.

Be careful here! There's free trade, and there's free trade.

Brexit 'free trade' is where we suddenly sell masses of goods and services to new and existing trading partners where we couldn't before due to the oppressive and brutal mafiosa exploitation otherwise know as 'Brussels'.


Brexit free trade miraculously turns Britain into an industrial powerhouse that puts Germany into the shade, whilst all our towns and villages morph into copies of Provence.


Don't put up with second best!

[meridian]

Japan is a very very closed market, very close country.

Not any more, it’s now part of the world’s largest free trade zone.

Add in the other 61 countries that have FTA or bilateral agreements with the EU, and this is the free trade zone that the U.K. is leaving.

EU-Japan trade deal comes into force to create world's biggest trade zone

[AtW]

Japan is a very very closed market, very close country.

[Old Greg]

Looking at the comprehensive nature of the Japan/EU trade deal seems like the death knell for Japanese investment in the UK, especially with a no deal.

They'll soon bend before the might of the jam tea and biscuit export boom.

[meridian]

I still can't see why we can't have the same deal. We were going to have it anyway before the idiots were let loose at the polling stations. Why would the Japanese want to cut up rough?

It depends on the finer detail of the agreement, I guess. the EU is (was) a market of 550m consumers, Japan is 120m-odd so less than a quarter of the size. There will have been give-and-take in the negotiations, but it's possible that Japan may have received a less-than-equal deal. Japan may see it as an opportunity to square up some of their discrepancies, if that is the case.

Only guessing, though. It's one of many possibilities.

[BlasterBates]

Looking at the comprehensive nature of the Japan/EU trade deal seems like the death knell for Japanese investment in the UK, especially with a no deal.

[Old Greg]

I still can't see why we can't have the same deal. We were going to have it anyway before the idiots were let loose at the polling stations. Why would the Japanese want to cut up rough?

They can get a better deal with a weaker partner.

[BlasterBates]

BMW happy about this are they?

Probably not but the tariffs will get slapped on if there is a no deal, BMW happy or not. Makes no difference.

[Cirrus]

I still can't see why we can't have the same deal. We were going to have it anyway before the idiots were let loose at the polling stations. Why would the Japanese want to cut up rough?

[original PM]

The new Japanese trade deal with the EU has agreed 0% tariffs on Japanese car imports.

So the question is how much will Nissan and Toyota invest in the UK if the EU charges 9% tariffs from the UK and 0% from Japan.

I wonder whether they will be cheering about Brexit in the Nissan car plant in Sunderland in 6 months time.

BMW happy about this are they?

[meridian]

The new Japanese trade deal with the EU has agreed 0% tariffs on Japanese car imports.

So the question is how much will Nissan and Toyota invest in the UK if the EU charges 9% tariffs from the UK and 0% from Japan.

I wonder whether they will be cheering about Brexit in the Nissan car plant in Sunderland in 6 months time.

Japanese whisky also set to be a big winner, with 15% tariffs removed on sales to the EU. Scotch, on the other hand, now faces MFN tariffs in sales to both the EU and Japan.

[BlasterBates]

The new Japanese trade deal with the EU has agreed 0% tariffs on Japanese car imports.

So the question is how much will Nissan and Toyota invest in the UK if the EU charges 9% tariffs from the UK and 0% from Japan.

I wonder whether they will be cheering about Brexit in the Nissan car plant in Sunderland in 6 months time.

[original PM]

hahaha.. was talking about them hybrids lol

well don't.

[SandyD]

The Toyota Hilux in indestructible, even a hard brexit wouldn't scratch a Toyota Hilux

hahaha.. was talking about them hybrids lol

[Yorkie62]

ooh we need the Japanese to keep them Toyotas around LOL

The Toyota Hilux in indestructible, even a hard brexit wouldn't scratch a Toyota Hilux