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Jim Cornelius🇪🇺🇬🇧 #WATON
@Jim_Cornelius
, 3 tweets, 2 min read Read on Twitter
According to numbeo.com/food-prices/ oranges in Florida are more expensive than in London (along with most foods). Is this fair? The site is driven by user imput so I'd imagine could be out of date or inaccurate.
Using this site (heb.com/search/results…), I make that 84¢ for 300 grammes of oranges, numbeo.com says $1.16 in Jacksonville. and 82¢ for London.
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Jim Cornelius🇪🇺🇬🇧 #WATON
@Jim_Cornelius
These tables produced from Eurostat data by @iwitteronandon show how much our exports rely on the EU and EU trade deals with 3rd countries, and how little is on WTO only. Quite something.

1/3
2/3
3/3
Read 4 tweets
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Jim Cornelius🇪🇺🇬🇧 #WATON
@Jim_Cornelius
Grapefruit in Waitrose.

White from Cyprus: EU member, no tariff.
Red from Israel: FTA with Isreal, no tariff.
Pink from the USA: No FTA so MFN tariff of 1.5% applies.

Pink sells at 70p each. More than 20% more expensive as its a sweeter and seedless variety, not due to tariffs.
This site says the average grapefruit is about 246g. Let's round it up to 250g, so we get 4 fruits per kilo. So tariffs are charged on import prices not retail, so we need to find out how much that is per kilo.

hannaone.com/Recipe/weightg…
The UK tariff site says the Unit Price is €70.42/100kg. So 1kg of fruit is imported at about €0.7042.

1.5% tariff = €0.0105 per kilo or about 0.02p per fruit.

So when you buy 5 Pink Florida grapefruits about 1p of the £3.50 is on the tariff.

trade-tariff.service.gov.uk/trade-tariff/c…
Read 4 tweets
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Jim Cornelius🇪🇺🇬🇧 #WATON
@Jim_Cornelius
@CoppetainPU @Lorand_Bartels have you seen this (telegraph.co.uk/politics/2019/…) by @DCBMEP.

Includes: (screenshot) - not quite sure why NS exemption is mentioned. Surely that's an exemption to Art I in order to raise tariffs!?
Also @DmitryOpines
" may take any action it considers necessary for the protection of its essential security interests"

ecampus.wto.org/admin/files/Co…
Read 3 tweets

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