Not the cars built int the UK they have no duty. -- and yet those cars "built in the UK" will need parts from abroad - AND they won't be built as the factories will shift to the larger market
LOL. Where did you go to school? Dumb as box of rocks
Posted on 03/12/2019 12:37:12 PM PDT by tcrlaf
The U.K.’s Brexit deal with the EU has been rejected by U.K. lawmakers in another landmark defeat for British Prime Minister Theresa May.
May’s Brexit deal was defeated for the first time back in January but she had hoped last-ditch tweaks to the deal, specifically on the contentious Irish border issue, would help persuade Members of Parliament (MPs) to change their minds.
Her deal was rejected by 149 votes after 242 MPs voted for the deal and 392 MPs voted against the deal. Sterling pared earlier losses against the dollar after the decision to trade 0.2 percent lower at $1.3124.
The deal’s chances were dealt a blow earlier on Tuesday when the government’s chief legal advisor said that the risks to the U.K. from the “Irish backstop” remained unchanged despite recent legal assurances from Brussels — although he did say the risks had been reduced by the tweaks.
The Irish backstop is a mechanism to avoid restoration of the “hard” border between the Republic of Ireland and Northern Ireland that was erased with the 1998 Good Friday peace agreement between London and Dublin. Some U.K. politicians don’t like the fact that the backstop, although intended as a last-resort, would mean the U.K. remaining within a EU customs union for an indefinite amount of time and unable to leave unilaterally, effectively meaning it might be tied to the EU for an unspecified duration.
(Excerpt) Read more at cnbc.com ...
If BMW makes minis in the UK with parts across the supply chain, it makes more sense to shift the British manufacturing bits to the continent
Ditto for Honda, Nissan, etc. etc.
There are no scale british car manufacturers
Can you grasp that? Let me explain it to you like you are a first grader
The UK isn't the end manufacturer. It is preferred because it is IN the EU common market.
Brand new factories in the UK aren't being built.
There is no new domestic supply if the demand goes (meaning the factories that assembly go). There is already "domestic supply" between factories in the UK and the Netherlands (say) as there is not tariff cost
Now even if the UK goes for HARD Brexit, it could still have managed if it came with a firm idea of what it wanted. But it did not
I was never talking about companies I was talking about the Uk government. That was quite clear in my post. It has nothing to do with individual corporate entities
If. Or it may make more sense to pay the duty on the parts and keep the factory open, even IF THEIR IS NOW A DUTY ON PARTS.
To continue with your example: They (BMW) can move the mini cooper plant to the EU if they want but the cars they now export back to the UK WILL have a duty applied to them. OF THAT I CAN ALMOST GUARANTEE. Better to pay duty on a box of wing nuts then THE ENTIRE CAR.
Professional grade globalist traitor scum. Here's hoping all of you rot in hell.
An extreme case are some Vauxhall cars that ship back and forth across the channel three times as whole entities. That's not including the cost of the parts moving. This means each move has a tariff added to it.
imagine that - it's not a one cost on one part but multiple costs on multiple parts
It is better to pay a duty on a few parts then the entire car! Can you grasp that?
It's a no brainer to move the stuff to the larger customs area.
Let's see:
New prefab factories in the U.K. to build 25,000 homes a year
Siemens to open train factory in east Yorkshire
Surge in UK Car Manufacturing, Huge Investment in Research Centres, New Factories
Hey gloBULL boy want to tell some more lies u POS?
The competition will also have the same higher prices so no competitive loss
Not the cars built int the UK they have no duty. LOL. Where did you go to school? Dumb as box of rocks
Hard Brexit will be a disaster economically. It will also mean that the UK will reduce to England+Wales. And they will lose diplomatic power on the world stage. But maybe it will be worth it for them.
I will argue that there is government and then there is government leadership
The evidence is that today, “the Government” in the form of the parliament has exerted power to overcome the will of the leadership.
It appears that so long as May is in leadership “the government” can not make the desired changes going forward.
That raises the question of if “the government “ has sufficient unity of purpose to develop a program to go forward. I suspect that unity will take a long time in the fire and lots of hammering to forge a final tool.
We'll see global boy. We'll see.
-——many companies that are moving operations to Central Europe-—
Now that is an interesting thought for me to chew on. I’ll have to think on what you said.
Not the cars built int the UK they have no duty. -- and yet those cars "built in the UK" will need parts from abroad - AND they won't be built as the factories will shift to the larger market
LOL. Where did you go to school? Dumb as box of rocks
Why would you import cars form a factory in the EU when you can make them duty free in the UK? All the UK producers need do is lower their price a few points and gain a greater market share. That’s the whole point of an import tariff to make domestic suppliers more competitive against imports and to promote domestic industry AND IT WORKS!
We’ll see boy, we’ll see. Your facts show that it will be a disaster boy.
Don't try to say "it would work for the US and it would hence work for the UK" -- the US can cut itself off from the world, while the UK, ever since the 1700s, could not
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