Basic rule of trade policy - if you want a deal with the US or EU you have to accept their terms. The privilege is tariff free access to their market. The cost is whatever they want it to be and you will pay.
No food, no NHS, no serious US trade deal.
The question 'what will it cost us?' is never asked in the UK in a Brexit or trade context. Always us, us, us, me, me, me. And while it isn't, no deal with EU or US. The glory of isolation because nobody else understands how important we are.
Still it's good to read that Number 10 has spotted the risk and is increasingly worried a US trade deal could be exploited by Labour. I only wrote this article 10 months ago...
For total lack of self awareness see also... the rest of the world sees Brexit as a retreat from the world, and a few warm words otherwise will not convince them otherwise
I'll be honest, I didn't quite expect so much reaction to stating the fact that both the EU and US have tough demands in a trade agreement, and a country will have to sign up to many for a deal. The Brexit debate seems so insular so much of the time.
You can find the US negotiating mandate for a UK deal here - ustr.gov/sites/default/β¦. The EU doesn't publish quite in this form, but the TTIP mandate provides an indication of their asks - data.consilium.europa.eu/doc/document/Sβ¦. As for the UK objectives for either relationship...
If you are going to sign up to either or both US / EU trade deal you need to be very sure of your exact offensive and defensive interests. This is a process that takes some time, including plenty of at least semi-public debate. The process has barely started.
"All this negativity" as one reply went. Sure, if you want to live in the dream world where the UK gets everything we want and give nothing, it's negative. In the world in which our companies compete and trade the dreams are useless, and we need to up our game. /end
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What you seem unlikely to read elsewhere - yesterday's Starmer - von der Leyen meeting was successful, and had the right outcome - a commitment to regular ongoing summits, and joint working to prepare them.
To those complaining about the UK's lack of detail - a lazy, uninformed complaint. The EU doesn't (yet) have a mandate, the UK doesn't (yet) need to have all the asks. Both need to come in time. That will be the test of the next few months, now was not the time. As was agreed.
Those saying this is going nowhere until the UK implements everything in full, that message was received and @NickTorfaen explicitly said this at an EU reception at Labour Conference. Labour's messaging hasn't been perfect to date, it has though been good enough.
Three days in Brussels mostly talking UK-EU relations after the elections with various folk on all sides, but also hard to get away from US-EU-China talk, or concerns about the direction of travel for the EU. So what were my top 10 findings? Settle down for a thread π§΅
1 - though far from top priority, the EU will happily engage with the UK. There's interest in what a new government will do. But they also expect their own interests - recently youth mobility, and fishing - to be taken seriously. Where there's overlap - security - expect progress
2 - the UK has to prepare for a really tough ongoing engagement with the EU. This will not be a single negotiation but a series of small encounters, mini-deals, cooperations etc. Unless Labour red lines change. A new narrative for the relationship - but only in part.
Like it or not, we are stuck for a while in the technocratic realities of international relations when it comes to UK-EU relations. I'd expect there to be a time when that changes, when there's a rejuvenated campaign for rejoining, but not for a while.
Why are the technocratic realities of international relations not a hot topic in the General Election?
Asked nobody, for good reason. Not that UK-EU relations won't be important to various policy issues. But hardly top-ticket politics.
Today's big trade news - that the EU will apply additional tariffs of around 25% on Chinese made Electric Vehicles, on the basis that they have benefitted from illegal subsidies. This comes as a result of furious lobbying for higher or lower figures. ft.com/content/0545edβ¦
The US has imposed higher Chinese EV tariffs, without specific justification, and it was suggested 50% was needed in the EU to remove cost advantage. But some or more of this is natural competitive advantage from far earlier investment. The EU was looking as ever for a balance.
My suspicion has long been that China was broadly aware that politically the EU had to act, and that a 15-20% tariff on EV they were prepared to bear though with some retaliation because that's what happens in such cases. The furious lobbying came against much higher figures.
In we go... and just a few pages in, the relief is that there are none of the obvious errors than so often undermine UK accounts of Brexit - at likely cost to the sanity of @ShippersUnbound he appears on top of the subject...
Next UK negotiator perhaps...?
10 pages in and the level of haplessness described within the UK government system with regard to negotiations in 2017 is off the scale. I know we've improved since then. But equally, I doubt enough lessons have been learnt.
60 pages of systemic failure. There are probably many lessons to learn, but the two most obvious would be, listen to people who understand the EU, and know your objectives. Are either widely acknowledged in the UK as yet?
Increasingly thinking that Labour is going to need some clever way to handle the EU issue otherwise there is going to be a lot of difficulty and frustration spilling into government. And judging by my inbox, affecting negotiations. theguardian.com/commentisfree/β¦
Problem with these "we can't talk about it but we always talk about it" issues is that they don't go away, and particularly when they involve international talks with a player like the EU, you simply add levels of complexity potentially making it unmanageable.
Worse with UK-EU is the sheer number of players and subjects involved, and that both sides have unfinished emotional business. More on the EU side to come, but the fact every UK story generates reaction tells you this isn't all forgotten...