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by jwlato
3333 days ago
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No, Britain will have a very poor position in the negotiations that follow regardless. That's why the E.U. is insisting on the payments and citizen's rights issues being resolved first: they want a British commitment to items the E.U. cares about without having to make any concessions. If you think the E.U. will go back and renegotiate, or take British payments into account at later stages of negotiation, you're as delusional as May. I hate to admit it, but May and Davis should absolutely refuse to play ball. They should agree to terms they think are fair here, and if the E.U. doesn't go along, prepare for a really hard brexit. Which of course means that they'll capitulate. |
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Worst case, we go to WTO tariffs. The effect of that in theory is that EU imports to the UK will reduce, as they become more expensive relative to the same goods from non-EU countries (note that our tariffs to non-EU countries will reduce post Brexit).
UK exports to the EU will also reduce for the same reason. However, given that we're a net importer it should be clear who is in the worst position.
If the UK can sign a couple of decent trade deals with large economies like India, USA, China then we won't be worried about the EU trade at all.