Quote:
Originally Posted by erol
So you would want to start a trade war with India? If we were to impose tarrifs on them, why would or should they not respond by imposing tarrifs on the UK?
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This is not about trade with India. This is UK companies who MOVE their operation to India, but then expect to continue to sell their goods and services back into the UK as if nothing has changed.
This would not result in a "Trade War" as it would not affect indigenous foreign companies, only UK companies who move outside the EU just to use cheap labour.
Expanding abroad to open up new markets is one thing, but this is an entirely different matter.
What would you suggest? Do nothing? Massive pay cuts in order to compete with cheap foreign labour? I doubt if this sort of thing would be allowed to continue unchecked in many other countries.