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And we go again... still waiting for evidence of government understanding of trade deals.

Apparently writing off the car industry as well which might not go down well in many parts of the country...
It would be useful if someone could ask the government why we would want a simple tariff free deal for goods with the EU given that without including regulatory elements UK export costs would rise significantly in any case. Not sure it would benefit the EU much either.
Also, about that 2020 torrent of investment, and the relationship to Ministers saying that in effect lobbying is whingeing....

There's a lot of work needing doing.
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David Henig
@DavidHenigUK
Conclusion of the usual excellent thread from @pmdfoster. Singling this out because I think clumsiness towards EU talks has been widely evident since December 12, it seems by putting message ahead of substance. Storing up problems for the future.
@pmdfoster My confusion over the government's intentions for the future EU relationship might not matter too much - except that businesses who might invest share that confusion, and so delay the investment. And competing voices seek to fill the vacuum making progress harder.
@pmdfoster I've repeatedly raised the issue of the UK's unclear Brexit and trade objectives, and that "Free Trade Agreement" is not an outcome but a tool. There's a real risk that lack of direction will see the UK continue to struggle in negotiations, with real economic impact.
Read 3 tweets
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David Henig
@DavidHenigUK
It is getting harder to see the government taking on UK farmers by agreeing to US demands in a trade agreement (though still far from impossible). Which in turn means less chance of a full US trade deal.
Perhaps it was always going to be a difficult task to take on farmers, but the issue of food standards and trade has been handled poorly by Ministers. Equally the value of a US trade deal is more symbolic than economic. And quite possible there will be a "deal" covering little...
Back again to the question of what the UK wants to achieve with trade policy. Currently the government theoretically want to go global, but in practice if that means level playing field conditions or regulatory alignment, don't know what to do. Much to do...
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David Henig
@DavidHenigUK
Absolute regulatory sovereignty for the UK in leaving the EU?

A theoretical construct completely at odds with international reality as just a few examples show... 1/
Meet the World Forum for Harmonization of Vehicle Regulations. Are we going to opt out of the global automotive regulations? 2/ unece.org/trans/main/wp2…
Meet Codex Alimentarius or "Food Code" "a collection of standards, guidelines and codes of practice adopted by the Codex Alimentarius Commission" 3/ fao.org/fao-who-codexa…
Read 11 tweets

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All fallacies applied to or derived from 🇬🇧 Trading Situation
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