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Showing posts with the label international trade

Boris Johnson's Porky Pies

Boris Johnson has been telling Porky Pies about Melton Mowbray pork pies. He gave the pies as an example of our poor trade arrangements with the USA. US regulations stopped them being exported to the US, whilst they could be sold in Iceland. It all sounds like tough-talking. It seems reasonable, but for the fact that the pies are only exported to Ireland. It is the standard trick of the populist politician. Make something up and then sound tough on it. The Melton Mowbray pie is protected by the European Union. A no-deal Brexit would remove that protection, and the pies could readily be copied, or other kinds of pies could be sold as Melton Mowbray. This is a significant worry for the producers of Melton Mowbray pies who fought a legal battle to ensure its status was protected. Mr Johnson is in a hurry to make a trade deal with the USA. Both he and President Trump suggest a deal could be put in place within a year. This is odd, given it would usually take up to ten years. The UK...

No Brexit Sense

I really don't understand why we didn't approach Brexit sensibly. There was a mad rush to invoke article 50 and set the process in motion. It was a signal to voters that the result of the referendum would be 'honoured', and with a lot of macho grandstanding. But no planning for Brexit had been made. The voters gave an answer that wasn't anticipated. Complex trade deals take ten or more years in the making. They are also politically entangled. Brexit is a more complex trade deal because it involves disentangling our institutional arrangements, not just trade but our politics. So much of our security depends on cooperation with European institutions we helped establish, and many of these collaborations we would wish to continue. This is why treating the EU as an 'enemy' in the negotiations has been so foolish. They are our partners.  We should have considered that any transition would be politically difficult. Instead of making the transition ...

Exporting carbon emissions

The UK, we are told, leads the world in tackling climate change. Since 1990 the UK has  cut emissions by more than 40 per cent while growing the economy by more than two-thirds. Unfortunately, this hides a bleaker reality. British Prime Minister, Theresa May boasts that the UK has "the best performance on a per person basis than any other G7 nation."  She may be right, but... Yes, there is a 'but', and it is a very a big 'but'.  The UK hits its targets by exporting its pollution. Exporting environmental pollution The UK reliance on imports is simply exporting our environmental pollution. Our cheap food comes at a great environmental cost.   Our consumption goes on killing the planet. Photo by Elle Dunn In a globalised world, the demand for food is increasingly met by resources outside a given country’s own territory.  Currently, almost a quarter of all food produced for human consumption is traded internationally.  This is good news for t...