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Old 16-04-2016, 14:49   #1415
Big Brian
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re: [Update] The UK votes to leave the EU

Quote:
Originally Posted by Bircho View Post
But the whole point is there is no guarantee. The UK accounts for around 8% of the rest of the EUs exports, but the EU accounts for 45% of our exports. But we rely on the EU for 55% of our imports. They have the strong negotiating hand but if they say yes, ok, we'll let you have free trade but in return for free movement (ala Switzerland and Norway) then what's the point in coming out? It is all about immigration after all isn't it this vote? And if they say, ok, we'll trade but there will be tariffs (as per most of the rest of their trade agreements but there are also restrictions on what they can trade) then prices will be going up. Even a 4% tariff added to the currency slide and it will have a big effect on inflation and our ability to trade.
The point in coming out is we control our interests. If they want free movement they are going to have to do better than those deals
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