I mean seriously: THEY ARE THE ONES IN CHARGE AND THEY HAVE *NO PLAN* AND THEIR OWN PARTY IS MIRED IN CONFUSION AND STRIFE, HOW IN THE NAME OF THATCHER CAN THEY BE TRYING TO EMBARRASS ANYONE ELSE? Sorry for the all caps but how can they not be hiding behind the sofas in shame??
- Yeah, hi, Colin the plumber? Yeah, I've paid you to unblock my sink but you're sat there & there's water everywhere & the toilet's backed up and I'm £400 down & nothing's happening
- Yeah but I heard you & your wife arguing over who's emptying the dishwasher so THERE'S THAT
Given the barking madness we've been hearing today from the ERG about a "world trade deal" here's another reminder of how world trade really works and why the world has moved on from multilateral to bilateral and regional deals. [thread]
The WTO is a safety net (which is currently under serious threat from Trump). It represents a baseline, a foundation upon which more ambitious trade agreements have been built. Ditching those more ambitious deals and falling back to the baseline is not progress, it's regression.
The WTO Uruguay Round (finalised in 1995) was the high water mark in multilateral trade deals. We tried to go further - the Seattle and Doha rounds, remember? - but we couldn't. It was too hard. So global free traders including notably the EU took things up a notch.
@Telegraph I'm first up, reporting from the conservative heartlands of Poland (Kobylin-borzymy) and asking what the EU does about the newly assertive eastern states, who are not homogenising as everyone assumed...turns out history is not dead. /2
@Telegraph I ask how the EU's liberal establishment - the one that got the 2015 migrant crisis so catastrophically wrong - should respond. Should it:
1. There are plenty of #Brexit threads kicking around now on why the WTO option is bad. Unless you live in a cave or have the IQ of a halibut, you should by now have grasped the concept of what it means to be a third country and why that is ruinous for UK exporters.
2. You'll note that in the seventeen billion threads I've written on the subject that I seldom make reference to tariffs - because tariffs for the most part are neither here nor there. This is fundamentally about regulatory barriers where again the cave/halibut question kicks in.
3. Without full regulatory harmonisation there will be inspections, standard third country controls will kick in and there are no WTO rules that compel the EU to relax them and certainly not for the sole benefit of the UK. This is why we need a comprehensive agreement with the EU
1. So @AndyWigmore of Leave.EU tweets investigative journalist @CaroleCadwalla to let her know she’s been "tagged” in a tweet from Russia’s embassy in the UK. Let’s have a quick look at the background & semiotics of this… <THREAD>
2. Carole has done great investigative work into links between Leave.EU’s Brexit campaign & Russia. Many of the same actors were working for both #Brexit & Trump – the far-right hedge fund billionaire Robert Mercer, Cambridge Analytica… theguardian.com/technology/201…
3. Andy Wigmore accompanied Arron Banks to a 6-hr meeting at the Russian Embassy in 2015, invited by a man Banks assumed to be a Russian FSB officer. They gave Ambassador Yakovenko the “inside track” on Brexit. It is not known what was offered in return. buzzfeed.com/jimwaterson/ma…
2/ The title is interesting - it is: "How we will deliver the best Brexit in 2018". Davis's piece does not come close to answering that. The piece would more accurately be entitled "What I think the best Brexit looks like in 2018 (without asking the EU what they'd accept)"
3/ There's a bit of nerdy stuff at the start. I quote: "Donald Tusk has approved an immediate start to initial discussions on the future relationship (...) talks about the implementation period begin early in the New Year" I assume he means "Transition Period"?