First a question. R in ERG = “research”, right?
1/11
But, a big but …
2/11
![Screenshot of 3 bullet points referring to the WTO. This is repeated through most of the thread](https://pbs.twimg.com/media/DWhBdMyX0AEEL0y.jpg)
tradebetablog.wordpress.com/2017/10/07/pri…
3/11
![](https://pbs.twimg.com/media/DWhB70aWkAAGOWv.jpg)
The present EU28’s entitlement will be split between the UK & EU27. Keeping those talks apart will be impossible too
4/11
![](https://pbs.twimg.com/media/DWhB9V_WAAA_Mnq.jpg)
For #PreferenceErosion at least
5/11
![](https://pbs.twimg.com/media/DWhCRFGWkAAnkxg.jpg)
6/11
![](https://pbs.twimg.com/media/DWhCpvsX4AUnpPA.jpg)
The schedules set ceilings on tariffs. Countries are free to apply lower tariffs if they want
That would still mean #PreferenceErosion but the UK wouldn’t have to negotiate
7/11
![](https://pbs.twimg.com/media/DWhC9ooXkAAcq19.jpg)
It’s not part of the UK-EU agreement on tariff quotas. That only applies to the tariff quotas in the WTO commitments
8/11
![](https://pbs.twimg.com/media/DWhDRUdWsAEclWD.jpg)
9/11
![](https://pbs.twimg.com/media/DWhDc7EXkAApJls.jpg)
Strictly speaking = all those deals should be done before the interim period starts in March 2019. Clearly impossible.
10/11
![](https://pbs.twimg.com/media/DWhDvCvWAAEcy5b.jpg)
Just two more observations
1. Services are not mentioned specifically at all.
2. Nor is the Irish border, which will be impacted by this
11/11
Also h/t @Kurako76