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Showing posts with the label trade deals

Swings and roundabouts in US trade talks

The UK government has published its position in trade talks with the United States.  At the outset, it makes clear that the NHS is not on the table, nor what the NHS pays for drugs.  "The NHS will not be on the table. The price the NHS pays for drugs will not be on the table. The services the NHS provides will not be on the table. The NHS is not, and never will be, for sale to the private sector, whether overseas or domestic. Any agreement will ensure high standards and protections for consumers and workers, and will not compromise on our high environmental protection, animal welfare and food standards." This is good news if they stick with those pledges. The government must resist giving under pressure, and pressure there will be.  The US will want concessions if it is to provide more favourable access to its markets. It is a market that the UK will increasingly depend upon unless it can strike a good deal with the EU. As with our relationship with the EU, ...

Deal or no Deal? That is the question.

The problem with Boris Johnson's strategy on Brexit is that he has closed his options.  His government have devoted so much attention convincing Brexit supporters that Britain would do great if it left the EU without a deal, that it is now difficult for him to justify a deal.  Why bother with an agreement if 'no-deal' is such a good proposition? The answer, of course, is that a deal is necessary, and even if the UK left without one, a trade deal with the EU would have to be negotiated.  Just as the UK would need a trade deal with the USA, so also it would require an agreement with the EU. So, none of this political mess is really about a deal or no deal.  A future trading arrangement with the EU will take time to agree.  That is so for all trade deals.  They are years in the making. The argument, now, is about the "backstop"; the arrangement that would kick in if a trading arrangement isn't forthcoming.  The backstop is necessary to keep the bord...

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 ...

Taxing the carbon footprint of world trade

With nations entering a new period of protectionist tariffs,  it is time to rethink the regulation of global trade.   Global trade is the driver of climate pollution and climate change. Call for Carbon Charging: In an article in Nature this month, three leading environmental experts have called for carbon charges rather than trade tariffs. With President Trump imposing heavy tariffs on goods from China and the EU, and those countries following with retaliatory barriers, they fail to address the real problem of global trade.  That countries are simply exporting pollution and emissions through imports. The authors point out that with all good intention of the Paris Climate Accord, it is unlikely that the target will be met of keeping warming below the critical 2 degrees centigrade above pre-industrial levels.  This would be so even if all countries were to meet their targets set out in their individual action plans. Photo by Elle Dunn Tackling carbon-in...

Brexit won't save the planet

Brexit isn't an ideal. It might break the cosy economic and political illusion that all growth and trade is good. But there is little thinking behind it. It won't lead to better trade. It won't save our planet. No plan for Brexit The UK is  now just months away from leaving the European Union, yet still the government has no plan for Brexit. Sector after sector of British society are registering their concerns about the consequences of a 'no deal' Brexit.  The country is in the dark about what the future might hold.  Key issues remain unresolved, yet it is as if it doesn't matter.   Brexit, remember, means Brexit!   Whether we are for or against Brexit we should be concerned that the government can't agree on what kind of deal they want with our biggest trading partner - the European Union.   There is no idealism behind Brexit, and no vision for the future.  Instead, there is a blind hope that it will be 'alright on the night'...

Will farm animal welfare be sacrificed post Brexit?

Are UK farm animal welfare standards at risk in post Brexit trade deals? A parliamentary sub-committee warns of the potential fall in standards unless farm animal welfare is a key part of any post Brexit trade deals, particularly because many other countries have lower standards than in the UK, and in the rush for trade deals these may be sacrificed.     The EU Energy and Environment Sub-Committee today publishes its report on Brexit: farm animal welfare.  High standards of welfare The UK currently has some of the highest farm animal welfare standards in the world and there is cross-sector support for maintaining those high standards after Brexit. The greatest threat to farm animal welfare standards post-Brexit would come from UK farmers competing against cheap, imported food from countries that produce with lower standards than in the  the UK.  The sub-Committee warns that the Government's wish for the UK to become a global leader in fr...