Quote:
Originally Posted by Chris
Again, I don't agree. Reciprocal trade deals are not simply a case of "I won't put tariffs on yours if you don't put tariffs on mine". There are a whole pile of additional considerations arising from whatever regulations exist in the territory you wish to sell into. In the case of the EU the regulation is vast and often arcane. The UK, when left to itself, tends towards less regulation than the EU. This offers us a potential advantage.
|
That does offer us an advantage but the terms of the agreement can depend on the strength of your hand when you enter the negotiations, entering it as the entire European single market is a better position than the UK on it's own. A trade deal would help us more than the US given the size of their economy compared to our own.