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Originally Posted by Pierre
So we should prepare for the no-deal because that is what is going to happen, and it's not because of any particular failing of the UK government, it is because the EU do not, cannot, and will not give us a decent bespoke deal.
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We haven't prepared for no deal though and time is running out and we haven't made it clear what 'bespoke' deal to ask for. We have had vague intents but nothing concrete. We don't even have an answer of it it's more of a closer relationship or just a trade agreement. We're 'apparently' deciding that on Friday, less than a year from Brexit Day.
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You don't need trade agreements though, which why the WTO is there.
We don't have a trade agreement with China, yet our market is flooded with Chinese goods
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You don't need one to buy good or sells goods no but we can do that now with these countries. What we're doing here is losing the ability to sell into the EU with no tariffs and the same legal/regulatory environment. One of the arguments of Brexit would be that we can arrange such things with other countries instead, it wasn't let's add WTO tariffs to the EU too.