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Brexiteers have lost sight of the greatest free trade prize of all | Rafael Behr | Opinion | The Guardian
No developed country trades purely on “WTO rules”. The idea that Britain should be the first to give it a go has gained currency in the Conservative party from sheer embarrassment. It is not a model for post-Brexit trade, it is a euphemism for failure to understand the true value of EU membership. It conveys a deep unwillingness to admit any kind of dependency on our European neighbours, even the mutually beneficial dependency of the single market – the largest, most sophisticated free-trade zone in the world, conceived and driven in large part as a British initiative, by Conservative governments.

This is the sad island where a generation of Tories find themselves intellectually discredited and marooned. They wanted to unchain Britannia and they ended up uncoupled from their own history, unmoored from basic geography, and adrift from economic reality.
UK  EU  Brexit  trade  customsUnion  RaabDominic  MayTheresa  FoxLiam  WTO  failure  dctagged  dc:creator=BehrRafael 
21 days ago by petej
Brexiteers have lost sight of the greatest free trade prize of all | Rafael Behr | Opinion | The Guardian
The mantra of ‘WTO rules’ is a euphemism for failure to understand the true value of EU membership, says Guardian columnist Rafael Behr

The common external tariff prevents EU members from signing bilateral agreements, but the compensation is being party to deals that Europeans negotiate as a bloc and, thanks to the sheer scale of the single market, on terms befitting an economic superpower. About 49% of Britain’s trade is currently with the EU. Another 12% is with 65 non-EU states that have free-trade agreements with Brussels. The most recent, with Japan, was signed in July this year.

No developed country trades purely on “WTO rules”. The idea that Britain should be the first to give it a go has gained currency in the Conservative party from sheer embarrassment. It is not a model for post-Brexit trade, it is a euphemism for failure to understand the true value of EU membership. It conveys a deep unwillingness to admit any kind of dependency on our European neighbours, even the mutually beneficial dependency of the single market – the largest, most sophisticated free-trade zone in the world, conceived and driven in large part as a British initiative, by Conservative governments.
brexit  wto  tory-party 
21 days ago by craigryan
Was the WTO a mistake? - The Washington Post
I am in favor of allowing countries much greater latitude in the conduct of industrial policies. When they succeed, this is good not only for the countries themselves but also for other nations because it enables economic growth and hence, greater trade opportunities. When they fail, the costs are borne primarily by domestic consumers and taxpayers. I think the case for international rules and disciplines to limit the use of industrial policies is a lot weaker than people realize.
industrial-policy  wto 
21 days ago by elrob
(10162) President Donald Trump Acts Like A Compromised President: Rep. Adam Schiff | Morning Joe | MSNBC - YouTube
Jeffrey Sachs - dangerous and damaging. questioning mental health, psychological health, "signs of dementia", 'we have to stop being an enabler of this danger' (Senate / Congress) ... No Political Courage. .... 'One person wrecking ball.' 'unfit for office' Congress is enabeling. (checks and balances). tariffs. //&! https://www.youtube.com/watch?v=1iCst_i00yA - George Will Slams Mike Pence As ‘Worse Than President Donald Trump’ //&! https://www.youtube.com/watch?v=mLDKdoOZsGM - Steve Schmidt: By A fluke, Voters Elected An Imbecilic Con Man &! Steve Schmidt: GOP Is "A Threat To Liberal Democracy" - https://www.youtube.com/watch?v=YOp1WqAZU14 - Steve Schmidt is now a FORMER GOP STRATEGIST! //&! https://www.youtube.com/watch?v=VKmhAlrIAoE - Trump's Putin Press Conference Just Made Republicans' Lives Way Harder (HBO) //&! https://www.youtube.com/watch?v=SJBQikfYyKs - American Scholars Say The Real Threat To The U.S. Is Russophobia (HBO)
DonaldTrump  Donald  Trump  NATO  Putin  Russia  mental  health  dementia  trade  war  WTO  tariffs  G10  G7  G8  Mike  Pence  GOP 
8 weeks ago by asterisk2a

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