Chit Chat
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25 Apr 16
11:15
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Date Joined:
09 Mar 08
Is he really telling the leaders of Americas big companies they will not be able to easily export
To the uk as a trade deal will be difficult to implement?
As a country that imports more then we export why would other countries cut their own trade flow??
To the uk as a trade deal will be difficult to implement?
As a country that imports more then we export why would other countries cut their own trade flow??
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Replies: 37
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Don't vote to leave it will mean job losses
looks like it really helping staying in. |
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Yes he is hth
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Why would any politician or leader cut the throats of their contries businesses ??
So apple will struggle to sell new products in the uk? I'm sure they will be pleased. |
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MT,what way will the vote go iyo?
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Obama is merely a mouthpiece and leader of a country that has massive poverty and unemployment. He wants you to believe that the U.K. would struggle to trade with the U.S.A. when in fact, they would be fighting each other to get investment and jobs from trade. Ok he's backing Dodgy Dave but in a few months time they will both have crashed and burned and will be eating from the same trough as Tony Blair.
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the USA sorted a trade deal with Australia within 10 months, Obama has no say on trade deals they are done by the US office of trade and they have already refuted his claims of "could take 10 years". Obama is effectively gone in November.
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So, on one hand we have a 'special relationship' (if we toe the line); on the other hand if we're naughty we're frozen out.
 In fact, all his assertions, correct or otherwise are meaningless. If you see him just remind him that Cooperman said it would be some time before there was a will to make an effort to conclude a deal with the gun lobby back home. |
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Cruz has just gone up in my estimations.
Businesses talk to businesses. Politics won't interfere where money and jobs are involved. (see the arms trade..) Obama spoke a lot of bullsh*t when in London. Sadly, many get taken in. |
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The Prime Minister thought he had achieved a ‘slam dunk’ when he got President Obama to parrot a line from Number 10 designed to scare people into voting to remain in the EU.
But even removing the fact that from January next year it will be another president in office in the White House, the idea that the UK would be ‘at the back of the queue’ for trade is as likely as Cameron selling up his Notting Hill mansion and moving into a council house in Denby. Let’s also not forget that the UK is the largest cumulative investor in the US with over US$520bn of investment and remains the country’s second largest annual investor at over US$42bn each and every year. For the US to cut trade links with the UK at a time when they have a very precarious recovery would be to deny themselves the US$2 trillion in assets held by US subsidiaries of UK firms (as of 2010), 1 million jobs and US$72bn in wages paid by UK firms to US citizens. In addition, because the UK is a net food importer we push up our own prices with the Common Agricultural Policy. Outside of the EU, UK food imports from the US would boost trade and save us billions on these subsidies which could instead be spent on measures to promote British industry and investment in the rural economy. Furthermore, the EU sulphur directive means shipping companies have to spend money on equipment to allow their vessels to enter EU waters. Outside the EU, we could become a major hub for Europe as companies would find it better to use British ports – providing a much needed boost to our coastal communities. What was that about the ‘back’ of the queue, Mr Obama? I think you mean ‘the front’. |
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They aren't going to "cut trade links". They will just maintain the present links that involve tariffs and red tape of all sorts.
There will be no trade deal for years, that won't stop trade, just give an advantage to the EU. Brexitists can try to spin all they want, but they can't produce one major country thats willing to sign up for Gove's free trade bloc. |
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How is the trade deal with the EU going ?
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It's taking up the relevant resources until its finished, so you can whistle for a UK deal.
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Trade is the big lie that loses the brexitists the vote. If they set out there stall on the basis of the WTO tariffs and told people what effects that would have as a worst case scenario they would have some credibility. Instead they are just being exposed as liars and fools.
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the fact is nobody knows what would happen economically either in or out
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Obama's scaremongering may have backfired according to sky poll.
http://news.sky.com/story/1684878/sky-poll-obamas-eu-warning-counterproductive |
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So for instance if Korea did a fast deal with the uk would that then give samsung a financial
advantage over apple?? |
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If it's honesty you're after then with all this talk of, effectively, 'big club good, small club bad' then what is the logical end game for the 'Pro-Stay' campaign, other than a fully integrated United States of Europe.
Fair enough, if Brexiters can't pick and choose what part of the EEC project they wish to subscribe to and which they don't - then that's the same for the pro-stay group. So let's cut to the chase and confirm what we are REALLY voting about, 10-20 years down the line? |
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I think I may have to have a cull from my shares and any company that may be affected gets sold.
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make sure you tell everyone what you are dumping so we can buy them
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Why?
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Glen core sold.
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the fact is nobody knows what would happen economically either in or out
markets have spoken. they know the score. |
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of course they do
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agree.
gone down because of the uncertainty the referendum has brought. companies have worked out the issues with leaving the eu. |
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And of course, 'The Markets' are the most critical thing in our existence, for all the big brave words about 'Greedy Bankers'
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they are greedy but thats down to governments not acting sooner.
the yanks have and i see we are a bit lax still with them. we had our chance back in thatchers day after HER recession....she did **** all. |
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Who won thar golf game ? USA about a 1.14 chance imo
can imagine dave back at the tennis club with a Piña colada ,winking at the ladies and anouncing "obviously i let him win " the wet lettuce even let Obama drive the buggy  |
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from yesterday's Wall Street Journal
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Maybe we should have a Boston Apple party and
throw the phones in the river Witham |
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a deal outside of the eu on our own with the yanks is a very very bad idea.
you need to read up on the oppositions reasoning to that. very scary. have to say the eu are doing the right thing and not letting the us dictate terms like the dictators they are. if we are on our own i get the feeling we will fastrack it through and do ourselves serious damage. |
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Care to explain more?
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A large percentage of the population have no experience of what this country was like before we became an EU member so of course fear of the unknown worries them. Rest assured, trading with the rest of the world is what put the Great in Great Britain so it's OUT for me.
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what this country was like before we became an EU member
3 day week, power blackouts, IMF bailout, winter of discontent iirc |
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its complicated tree.
its the difefrence between the way we do business in the eu and how they do it. this article may help. http://www.chicagotribune.com/news/sns-wp-blm-trade-germany-comment-2eba2e72-0bc4-11e6-bc53-db634ca94a2a-20160426-story.html |
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https://thehimalayantimes.com/business/three-key-questions-on-a-planned-us-eu-trade-deal-at-a-glance/
a better explanation imo One source of concern is a provision for settling rows between firms and countries — so-called investor state dispute settlement (ISDS). The EU says it would allow a company to sue a state for compensation if, for example, a new law discriminates against foreign firms. But an alliance of opponents, Stop TTIP, argues that it would let investors sue for any action that damages their profit expectations. “ISDS can be used to undermine environmental standards, to prevent regulation or to pocket taxpayers’ money,” says Stop TTIP Spokesman Karl Baer. these issues are important bearing in mind they have lower standards all round over there. they would push to get their standards across to who ever they did a deal with. |