Brexit: The UK's Seven Major New Trade Deals Explained (Are They Ready for Brexit?) - TLDR News

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@iantharobot3288
@iantharobot3288 3 жыл бұрын
0:52 I recon the new channel is just called 'TLDR News Uncensored' and you are making a brexit themed onlyfans
@fideispears
@fideispears 3 жыл бұрын
With an explicit colouring book
@tedcrilly46
@tedcrilly46 3 жыл бұрын
Blue collar workers getting done up the, by brexit.
@JeanWayne
@JeanWayne 3 жыл бұрын
If hope for TLDR News MUKGA xD
@samcs1453
@samcs1453 3 жыл бұрын
Don't forget the pin badges.
@BIZKIT551
@BIZKIT551 3 жыл бұрын
Will it be something like the channel China Uncensored but covering more countries?
@buskergirl
@buskergirl 3 жыл бұрын
After all the hassle about fishing rights, the British fish&chips is made of imported fish...
@ea4966
@ea4966 3 жыл бұрын
Because of the common fisheries policy that sees the vast majority of Cod in UK waters signed away to other nations....
@SonnyK248
@SonnyK248 3 жыл бұрын
There has never been any hastle really. It's all been blown way out of proportion. Our fishing waters only make up 0.01% of our GDP. The government has turned it into such an important part of Brexit because it's so pointless the EU will probably let them have it and then they can laud it as a great victory for Brexit and the UK. And the sheep will all celebrate with them 👍👍👍
@andrewtowell6074
@andrewtowell6074 3 жыл бұрын
If it's so little and useless why are the EU spitting feathers over it 😂
@nickbarton3191
@nickbarton3191 3 жыл бұрын
@@andrewtowell6074 the French. There a lot of French coastland communities relying on fishing.
@owenfautley
@owenfautley 3 жыл бұрын
@@SonnyK248 Because it is important when it comes to the eez it is an extension of the country. Under international law it states that the country that the eez belongs to is owned and controlled by that country, but the EU wants the same access it has now where it takes the majority of the fish in UK seas and is based upon politics. The UK on the otherhand wants a deal like Iceland and Norway has with the EU where the quotas are negotiated each year based on science and fish population. (Would like to remind Yes please that Iceland and Norway are not in the EU) . This is a better way to do it because we will properly be able to manage fish stocks so they are not over fished and protect the protected areas, green peace found that a super trawler (which should all be banned they have nets a mile long) that was Dutch owned was caught fishing in a marine protected area they are also a threat to dolphin, porpoises, blue fin tuna and many other endangered marine species. This is why controlling our waters and fishing is so important, we must become more sustainable and protect our protected areas and species endangered by super trawlers.
@tessjuel
@tessjuel 3 жыл бұрын
To put these deals into perspective, I haven't seen a single mention of the Norway/Iceland/UK deal in Norwegian media. There are bound to be a few newspaper notices on it but they're well and truly buried under a heap of more interesting stuff. That's how "important" this deal is to us Norwegians yet to the Brits it's the second biggest trade deal they've managed to secure.
@will1603
@will1603 3 жыл бұрын
I wish we could forget all of our pomposity and try to be like Norway
@staticgrass
@staticgrass 3 жыл бұрын
The main export from Norway to the UK is gas and there are currently limited options for Norway to export it elsewhere, although that will change. So the UK went into this with a win-WIN mentality. The UK keeps its heating and Norway keeps its Danegeld :)
@ruud9761
@ruud9761 3 жыл бұрын
It's mostly just a "We can't be bothered, so lets just continue like you're still part of the EU." kind of deal. Most deals seem to be like this at the moment, even the Japanese one. I'd suspect countries will be waiting to see how things will go with the UK after the transition period to get a better look at the importance of said UK before even thinking about a more comprehensive deal. After all, if the UK will suffer those parties could use that in their advantage to establish a more comprehensive deal.
@tessjuel
@tessjuel 3 жыл бұрын
@@ruud9761 Yes, that's exaclty the point. This isn't really big news. We all have more important issues to worry about at the moment so we just keep business as usual for now. There's not much more to it than that.
@thewingedhussar4188
@thewingedhussar4188 3 жыл бұрын
@@ruud9761 Yes, again that still leave the UK in a bad spot. Because A they are still seen as part of the EU and to top that off that would mean they would expect the UK to still go by EU trade rules. This time though they can go to the EU if the UK does something they don't like. Not including the fact that it will take decades for another large scale trade deal to occur. An the UK needs those very same deals now/within a certain short term time frame.
@skiteufr
@skiteufr 3 жыл бұрын
These deals are designed to assure a continuity of trade between the UK and these nations after the UK leave the Common Market. And you should know that in all trades negociated by the EU, there is a clause of alignment if the third country negociate better terms with another third country. So that the EU will never lose and always benefit from the better terms. It works like that when you are the richest trading bloc of the world. All others are your rule takers.
@Rh_879-
@Rh_879- 3 жыл бұрын
I think you’ll find the US is the biggest economy in the world
@skiteufr
@skiteufr 3 жыл бұрын
@@Rh_879- no. The GDP of the EU is above the one of the US
@DB-gh4nj
@DB-gh4nj 3 жыл бұрын
@@skiteufr at least the numbers I found suggest, that the usa has a slightly higher gdp. However it really doesn't make large of a difference.
@skiteufr
@skiteufr 3 жыл бұрын
@@DB-gh4nj maybe your numbers are after the UK departure then ? As they are already not a member anymore
@Rh_879-
@Rh_879- 3 жыл бұрын
@@skiteufr It’s not according to most google results the US is still number one then the EU but that could include Uk gdp as well.
@ricmac954
@ricmac954 3 жыл бұрын
Trading goods with Switzerland: Delivery wiil mean crossing EU land boundaries (with the consequential post-brexit customs hold-ups) or expensively flying them in through EU airspace, which might yet be problematic with no EU deal if the union decides to play hard ball.
@v.sandrone4268
@v.sandrone4268 3 жыл бұрын
Not hard ball just not preferential treatment within the EU.... just like any third country.
@andrewtowell6074
@andrewtowell6074 3 жыл бұрын
That's like saying they are going to tell the Spanish they are not going to let the British tourists fly in 😂 "they must go around"... What planet are you lot on
@cravingtuna1561
@cravingtuna1561 3 жыл бұрын
@@andrewtowell6074 you can't just casually fly over another nation's air space.
@whattheflyingfuck...
@whattheflyingfuck... 3 жыл бұрын
@@andrewtowell6074 don't you have tons of boats?
@ricmac954
@ricmac954 3 жыл бұрын
@@andrewtowell6074 Um, no it's not.
@dylanhunt4303
@dylanhunt4303 3 жыл бұрын
You forgot to mention that we will be losing all the deals we have now as part of the EU, come the 1st of January. Rather important one would think.
@jonathanwetherell3609
@jonathanwetherell3609 3 жыл бұрын
In essence the few deals we have are not better than we had. The remaining deals are all cancelled.
@Nickle314
@Nickle314 3 жыл бұрын
I think we will get a deal with andora one of the 11 FTA the eu has got. Ditto gator islands Lichtenstein...
@Soordhin
@Soordhin 3 жыл бұрын
@@Nickle314 The FTAs are just one part of it. The EU has around 790 trade agreements in total, many of them are "just" agreements of limited applicability and not full FTAs. For example, the EU has actually tariff and quota deals with the USA, which of course will not apply to the UK post brexit. Same with Australia, which actually has a lot more access to the EU for its financial sector than the UK will have.
@Nickle314
@Nickle314 3 жыл бұрын
@@Soordhin 11FTAs
@edsr164
@edsr164 3 жыл бұрын
The prolific International Trade Department is in negotiations with several countries. Just wait and see.
@ricmac954
@ricmac954 3 жыл бұрын
Trading with Japan: the EU has just negotiated a *better* deal with them., and one that ensures it will *always* be better. The for-now-UK deal favours Japan, which is why it was so swiftly concluded, and requires Britain's acceptance of more stringent regulation than it is currently prepared to accept from the EU.
@paranoidrodent
@paranoidrodent 3 жыл бұрын
And that Japanese trade deal just set the benchmark that most other countries will be seeking from the UK.
@kevinshmuk7237
@kevinshmuk7237 3 жыл бұрын
KZbin economists, oh dear
@ricmac954
@ricmac954 3 жыл бұрын
@@kevinshmuk7237 Got anything better than your straw man?
@kevinshmuk7237
@kevinshmuk7237 3 жыл бұрын
@@ricmac954 but the eu deal came before the uk deal and the details about it so far shows that they're pretty much the same, in fact, labour were using it for their anti brexit speech saying "what was the point when the deals will be exactly the same"
@hfricke2661
@hfricke2661 3 жыл бұрын
@@kevinshmuk7237 idont know it exactly, but the EU - JP deal includes quotas. When now UK has left the EUs single market acsess with ending tha transition phase, it can not take its part of the quota with it. And for Japan to give additional quota was rejected. So this might be a point where people with expertise should carefully look at. These deatls might decide the answer to the question, if the deal with Jp is an improofment or not (despite the fact , that the real use will contribute to that answer too)
@zwojack7285
@zwojack7285 3 жыл бұрын
lmao, big oof. "Lets leave the EU. We make our own thing by copying everything from the EU"
@owenfautley
@owenfautley 3 жыл бұрын
You can't exactly make 28 brand new trade deals in under a year, most deals take 4 years plus to have a continuation of 28 in under a year is a massive achievement. Anyway most trade deals are the same but is just slightly different to fit that country. Think of trade deals as bridesmaid dresses, they all are the same but are tailored to fit each person with their more specific needs. The EU, Japnan deal is a one size fits all for the 27 members because they need to try to facilitate all of the different countries economic needs but they also miss out some key factors since they all have different economies but our deal, though cut from the same fabric is edited in a way that it fits us better and removes unneccicary fabric that is not needed.
@owenfautley
@owenfautley 3 жыл бұрын
@Kira The Renegade Under article 51 of the European withdrawal act you cannot negotiate new or rollover agreements until you have excited the European union and are in the transition period. So since we entered the transitional period on the 31st of January this year, yes it has been under a year.
@freeworld1875
@freeworld1875 3 жыл бұрын
Without the negotiation leverage
@owenfautley
@owenfautley 3 жыл бұрын
@Kira The Renegade We were always going into a transitional period between being in the EU then out, most continuation deals are just to continue trading as we were until a new deal is negotiated and agreed upon.
@darrena5384
@darrena5384 3 жыл бұрын
These are just roll over agreements until we can negotiate better deals when we aren’t time constrained. You know this so stop pretending to be stipid
@arildedvardbasmo490
@arildedvardbasmo490 3 жыл бұрын
2016 UK demands: FREEDOM! 2020 UK begs: STATUS QUO
@fegee8620
@fegee8620 3 жыл бұрын
I’d like whatever substance you’re on.
@stevans77
@stevans77 3 жыл бұрын
UK does not beg we wanted out and so will a lot more countries once they see it's possible EU is finished
@arildedvardbasmo490
@arildedvardbasmo490 3 жыл бұрын
@@stevans77 Haha well it seems like your (our? I live there) negotiators are begging at least
@eezy251able
@eezy251able 3 жыл бұрын
The EU is begging. It's a sinking ship now.
@frze5645
@frze5645 3 жыл бұрын
As everybody will observe from the current negotiations... it is the EU that is doing all the begging... the EU wants Britain's fish... the EU wants the UK to adhere to a level playing field... it is the EU that wants the UK to come under its courts....and so on... all this WANTING is all coming from the EU. The UK's position is straight forward - if the EU wants access to OUR single market then we get access to their single market - a fair exchange - albeit the EU sell MORE into our market than we sell to the EU. What has become perfectly clear is that the EU needs the UK more than the UK needs the EU... if there is no free trade deal we simply have to pay tariffs (an average of 3%) an amount that will be less than the cost of paying a membership fee - so from the British perspective it is a win win situation. The big loser will be France - but hey... they can have our fish if we can have their grapes.
@lancemartin1087
@lancemartin1087 3 жыл бұрын
'Australian' flag used in the graphic is actually New Zealand's. Australian flag has white stars not red ones.
@marconatrix
@marconatrix 3 жыл бұрын
I'm surprised we have so much trade with Norway and Iceland, seeing as how small and rural they are. Sounds a bit fishy to me, but maybe there's something I didn't catch? ...
@superhans85
@superhans85 3 жыл бұрын
This is a serious chanel and not the plaice for those sort of jokes
@alicianieto2822
@alicianieto2822 3 жыл бұрын
Norway has a ton of gas and petrol, that is quite convenient.
@superhans85
@superhans85 3 жыл бұрын
@@alicianieto2822 we're actually making fish puns, but that's OK, we'll let you off the hook
@zylnexxd842
@zylnexxd842 3 жыл бұрын
@@superhans85 lol I almost didn't catch that one
@LemonGingerHoney
@LemonGingerHoney 3 жыл бұрын
UK will export fish to Canada, Japan, New Zealand, USA. You know, those countries that clearly have no access to huge bodies of waters.
@jackkamo5175
@jackkamo5175 3 жыл бұрын
Yes because all water contains an equal distribution of all types of fish doesnt it.
@007JHS
@007JHS 3 жыл бұрын
Other countries setting up trade arrangements with Britain is like shooting fish in a barrel... with Britain in the barrel rather than over it.
@segen8531
@segen8531 3 жыл бұрын
Kkkkkkk you nailed it .
@altacc5356
@altacc5356 3 жыл бұрын
@@slipperywinston4076 A FTD with China will require give them a lot of access to UK market, visas, ignore rule of origin... what UK when was a member of EU was very aganist it, that is why UK made EU-India stop (rules of origin and visas).
@ab-ym3bf
@ab-ym3bf 3 жыл бұрын
Yes, plus they had the novel idea of selling more cheese to a lectose intolerant nation. Very innovative, them English.
@alexaliaga2390
@alexaliaga2390 3 жыл бұрын
Britain: 'We want new trade deals!' Reality: 'Copy and Paste EU Trade deals'. So much hassle for nothing it seems
@rmsgrey
@rmsgrey 3 жыл бұрын
In fairness, there's going to be a trade-off (if you'll excuse the pun) between actually new trade deals and fast trade deals. The first wave of deals was always going to be the ones that didn't need any negotiation because all the negotiation had already been done when we were part of the EU. Any genuinely new and different trade deals were always going to come out years down the line anyway. And, if we're completely honest, getting the same deal we had already as part of the EU is a pretty good result in itself, considering we automatically have less negotiating power as an economy a fraction the size of the one we were a part of. Any benefit from changing trade deals is going to come from making concessions that the EU didn't in exchange for gains the EU didn't get - if the concessions are things the UK doesn't care about so much, while the gains are things we do, then we'll manage to come out ahead overall despite our weaker position, but it'll still be a compromise overall.
@accessthemainframe4475
@accessthemainframe4475 3 жыл бұрын
It's a start.
@fernando7517
@fernando7517 3 жыл бұрын
They can't, they aren't so strong like the UE.
@alexaliaga2390
@alexaliaga2390 3 жыл бұрын
@@accessthemainframe4475 It'S a sTaRt. Jesus you really have no clue how the real world works, do you. The Uk is no longer a major power
@alexaliaga2390
@alexaliaga2390 3 жыл бұрын
@Pirate Booty if you knew how much the failed tory test and trace system costed, those £14 billion doesn't sound like a lot lol
@BernasLL
@BernasLL 3 жыл бұрын
It would've been interesting to list the impact of lost deals (to this point), quantity-wise.
@kisaragi-hiu
@kisaragi-hiu 3 жыл бұрын
I'm calling TLDR AU. Mostly because I've been bingeing Honest Government Ads. (I think it'll be Australia, but a channel focusing on African Union would be nice as well)
@addl7340
@addl7340 3 жыл бұрын
friendlyjordies
@willhogan8206
@willhogan8206 3 жыл бұрын
my bet is tldr asia pacific, since australia isnt notable enough on our own, so chucking in NZ, Japan, RoK and maybe ASEAN would give it more the weight that tldr EU and US have (china and india would be way too dominating and definitely would need their own channel)
@kuyaleinad4195
@kuyaleinad4195 3 жыл бұрын
@@willhogan8206 Don’t think TLDR china would make sense since KZbin isn’t even legal in China so any china news would be lumped into the Asia Pacific I think. India though is another question since they’re everywhere in this site 😂
@sarank1809
@sarank1809 3 жыл бұрын
It was so nice of the EU to let us copy and paste their trade deals. Just shows how amazing our negotiators are. Bring on the new trade deals
@vincentkuhlmann
@vincentkuhlmann 3 жыл бұрын
6:25 car exports worth 797 MILLION pounds a year, agrifood exports only worth 344 pounds a year. Ouch xD
@KarthikeyanDuraivel
@KarthikeyanDuraivel 3 жыл бұрын
must be lidl
@raukoring
@raukoring 3 жыл бұрын
Have you tried British food? 🤣 🤮
@TheDotBot
@TheDotBot 3 жыл бұрын
Well they're good at copypasta.
@vincentkuhlmann
@vincentkuhlmann 3 жыл бұрын
@@TheDotBot Worth noticing that
@koolaak2926
@koolaak2926 3 жыл бұрын
797 million GBP a year of car exports ? Does that take into account how healthy the car manufacturing industry is once the car makers have left UK ?
@Alfonso88279
@Alfonso88279 3 жыл бұрын
Just imagine, renouncing to one of the biggest markets in the planet (the european union) to be SLIGHTLY closer to Africa or Singapore. I mean... ok. Good job everyone.
@tbthegr81
@tbthegr81 3 жыл бұрын
Well to be fair, Africa is growing quickly an' will be real big in a few decades. (Not that EU will ignore that growth)
@Frahamen
@Frahamen 3 жыл бұрын
Not "one of the biggest markets in the planet". THE biggest market.
@Alfonso88279
@Alfonso88279 3 жыл бұрын
@@Frahamen Really? Even better. Or worse, you get what I mean.
@SaturnusDK
@SaturnusDK 3 жыл бұрын
@@tbthegr81 Which is why the EU trade agreement has with Sub-Saharan African nations include many more nations than the UK deal.
@andrewtowell6074
@andrewtowell6074 3 жыл бұрын
We are no longer a member state of European Union, we are now a nation-state democracy, of course we would have to negotiate low or free of tariffs in a comprehensive FTA. If that can't be negotiated on we will deal with countries and their tariffs as per the UK Global Tariff bill. We will still trade with them still, just with increased costs for both sides.
@DenisHavlikVienna
@DenisHavlikVienna 3 жыл бұрын
I foresee a following problem: deal with EFTA will depend on having a deal with EU. If UK stumbles out of EU without a deal and ends up having border checks and taxes for trade with EU, I don't see how Norway and Switzerland could avoid having to implement the same conditions. It would surprise me if their current continuation deals don't contain the "as long as this is in line with EU/Schengen rules" clause.
@globalincident694
@globalincident694 3 жыл бұрын
The thing about trade deals is they don't do anything to get rid of border checks. If we (and by we I mean Johnson and friends) don't want to join the single market, then border checks are unavoidable with everyone. I don't get why you think reducing taxes will be a problem though.
@DenisHavlikVienna
@DenisHavlikVienna 3 жыл бұрын
@@globalincident694 well, to the best of my understanding, EFTA is basically EU+. They have such a comprehensive "free *" agreement with the EU that all the third parties wanting access EU market through a backdoor would already be doing it if this were possible. Especially Norway and Switzerland, they are even in Schengen... So, I admit that I don't know the details, but there must be some mechanisms in EU/EFTA agreement that effectively limits what these countries can offer to third parties.
@TheMiguelarrifano
@TheMiguelarrifano 3 жыл бұрын
the other thing is... Norway can skip this by boat , but switzerland it is bordered with only EU countries which means it will difficult the access to the transportation to "golden island". We all know that transportation by airplane it is bad for some products specially food
@DenisHavlikVienna
@DenisHavlikVienna 3 жыл бұрын
@@TheMiguelarrifano normally, there is a provision for "transit goods" , I don't think that this will be a problem. But again, it's IMO questionable to what level Switzerland is really an independent third party and to what level it should be considered a non voting member of the EU. Anything that could possibly just pass from UK through Switzerland and then end up in the EU will need to be meticulously monitored at a minimum. That's a lot of overhead...
@dazzlerweb
@dazzlerweb 3 жыл бұрын
TLDR channels are spreading faster than Covid.
@Swiv2020
@Swiv2020 3 жыл бұрын
I recommend that you do a similar video every 9 months so we can compare the progress over time!!!!
@DaRkJ4ck
@DaRkJ4ck 3 жыл бұрын
Imagine using the Mac Logo to show "CTRL+C" 🤣🤣🤣
@RichTeer
@RichTeer 3 жыл бұрын
It just shows the TL;DR News has excellent taste in the computers they use. :-)
@jsward96
@jsward96 3 жыл бұрын
CMD C
@morganmcallister2001
@morganmcallister2001 3 жыл бұрын
Don't worry. They also used New Zealand symbols to display UK-Australia at 0:21
@spewter
@spewter 3 жыл бұрын
@@RichTeer Overpaying for computers? You must be silly or in the Rich Tier 🤣
@RichTeer
@RichTeer 3 жыл бұрын
@@spewter OK, that pun on my name is a new one to me and actually funny! I wish I were in the Rich Tier! :-) I don't think Apple computers are necessarily overpriced: quality costs more than junk. And in my experience, Windows is junk. I still 10 year old Macs that can do useful work, even if they are a bit slow by today's standards.
@yungstallion2201
@yungstallion2201 3 жыл бұрын
The UK cant enter the EU free market without obeying its laws. End of it
@MarineRX179
@MarineRX179 3 жыл бұрын
Pretty sure your statement is a misrepresentation of the situation. By your logic Norway should have no say in how to govern their own country or control over their sovereignty and fishery if they want to do trade with EU member countries.
@yungstallion2201
@yungstallion2201 3 жыл бұрын
@@MarineRX179 No but the UK has 67 million people and the 5th largest economy in the world. You cant get a free trade deal while having an unfair advantage
@SaturnusDK
@SaturnusDK 3 жыл бұрын
@@yungstallion2201 6th largest. It was 5th before Brexit in January. Now it is 6th and projected to be 7th in less than 4 years.
@realhawaii5o
@realhawaii5o 3 жыл бұрын
9:10 Ah, yes, Canada.
@xcab66
@xcab66 3 жыл бұрын
Well spotted!
@blikizz9355
@blikizz9355 3 жыл бұрын
9:10 Canada has been invade South Korea 😂😂😂🤣🤣🤭
@deawinter
@deawinter 3 жыл бұрын
I’ve been baffled since the beginning abt how the UK plans to negotiate better trade deal terms than the EU. Don’t they have far less leverAge now?
@thomasjetzer2823
@thomasjetzer2823 3 жыл бұрын
Yes they do. To answer the question about what the plan was: "We used to rule the world two centuries ago and did such a golly splendid job of it that nations will fall over each other to cater to our every whim."
@JohnSmith-bb1cl
@JohnSmith-bb1cl 3 жыл бұрын
@Tag Nuts Can you give us examples of that a deal we have now against a deal we have that is signed and sealed ready for Jan 1st 2021
@joshbentley2307
@joshbentley2307 3 жыл бұрын
The EU has enough leverage to get a good deal with anyone, but a good deal for one country might not be good for the others. For example the EU we’re going to get a trade deal with Brazil, but then they couldn’t because French farmers were upset because they wouldn’t be able to compete with people that actually work hard. This has happened repeatedly, as well as agreeing to subpar trade deals to keep everyone happy.
@karstenschuhmann8334
@karstenschuhmann8334 3 жыл бұрын
@@joshbentley2307 Well, Brazil is part of MERCOSUR. I thoughts we has signed a trade deal with them. Besides the economies of the members of the EU do not differ that much that a trade deal would be good for one country and bad for another country.
@joshbentley2307
@joshbentley2307 3 жыл бұрын
@@karstenschuhmann8334 1. That trade deal got cancelled because of France. 2. That is a perfect example of a trade deal being good for one country and not another.
@jintarokensei3308
@jintarokensei3308 3 жыл бұрын
The Zimbabwe and Kenya deals are a banger.
@aleks8283
@aleks8283 3 жыл бұрын
Every little counts I suppose...
@Joker-yw9hl
@Joker-yw9hl 3 жыл бұрын
Africa by 2050 will have much larger economies within it with huge populations so it is definitely worth looking further down the road than you might think
@aleks8283
@aleks8283 3 жыл бұрын
@@Joker-yw9hl dunno what that has got to do with Brexit or the UK being in or out of the EU? And the timing of it, like 30 years ahead?? Certainly haven't seen that argument on the side of any bus.
@Joker-yw9hl
@Joker-yw9hl 3 жыл бұрын
@@aleks8283 My only point being that Africa is of course an emerging economic zone and getting deals in early can never hurt. Likely African countries will sign deals with the EU too of course. Not trying to be overly serious or anything, just saying that Africa is an emerging continent this century that we shouldn't dismiss
@aleks8283
@aleks8283 3 жыл бұрын
@@Joker-yw9hl no one was dismissing Africa. But in the context of Brexit a bit beside the point as a reason for it. I.e. don't see the relevance.
@alfayed8677
@alfayed8677 3 жыл бұрын
9:11 there's a typo..the book should read EU-S.Korea not EU-Canada.
@fabioshire97
@fabioshire97 3 жыл бұрын
England: the EU sucks Also England : let's copy EU trade deals (with Canada, Japan, South Korea ect...) Me: whaaaaat????
@aidanclarke6106
@aidanclarke6106 3 жыл бұрын
But it is their sovereignty to be dumb 😁
@segen8531
@segen8531 3 жыл бұрын
Export is more better than import . look the Germans they have heavy industry and they export 80% but they import 20% . That's way after the collapse of ww2 in short time become in the world most influential and rich .So England also must do the same now.
@markdavis2475
@markdavis2475 3 жыл бұрын
Brexit voters never wanted or understood "better" trade deals, it was all about not wanting to hear their neighbours speaking English with a Polish accent.
@ghostfire4623
@ghostfire4623 3 жыл бұрын
UK: holy shit we actually got something done, this deserves its own web page 😊😊
@sergeblanc799
@sergeblanc799 3 жыл бұрын
In a nutshell : so much effort for trying and maintain the status quo, that is for no additional benefit. Such a waste !
@darrena5384
@darrena5384 3 жыл бұрын
What are you talking about? The deals are just roll overs because we’re in a hurry. The intention is to improve them when we have more time.
@sergeblanc799
@sergeblanc799 3 жыл бұрын
@@darrena5384 OK. I wish you good luck.
@stuartlord9328
@stuartlord9328 3 жыл бұрын
UK to all other countries when negotiating “you don’t want our fishing waters do you?” Great ice breaker..
@stuartlord9328
@stuartlord9328 3 жыл бұрын
@Buckets 666 awesome, so what are they complaining about?
@stuartlord9328
@stuartlord9328 3 жыл бұрын
@Buckets 666 the EU! they wan't access to our fishing waters to make a deal...But like you said, they don't really need the access.
@gallohalt
@gallohalt 3 жыл бұрын
@@stuartlord9328 I guess the problem would be them they have the same amount of fishing boats fishing but in a smaller area due to not being allowed in uk waters
@stuartlord9328
@stuartlord9328 3 жыл бұрын
@@gallohalt agree, they will have to adjust their fleet size.
@mururoa7024
@mururoa7024 3 жыл бұрын
So this is the "big win" of Brexit. Getting more or less the same as what we had before but all on our own but at extra cost and efforts.
@mpettersson
@mpettersson 3 жыл бұрын
While I give credit to TLDR in being less biased in their reporting over EU news. It is still evident that there is a desired narrative in how the information should lean. In the run up to Brexit, much of the debate that was used to try and prevent a Brexit. Was the suggestion that the UK would need to renegotiate all the deals that the UK had previously. And that the collective strength of the EU, meant the UK would never get a similar deal. And yet here we are in the transition period, and numerous nations have signed a roll over deal. Even though the UK is neither in the EU , nor paying an EU membership fee. Obviously the UK will need to do more. But considering the point it is starting from, what it has achieved, and where it should be able to go after it has left the EU transition. It is actually doing far better than what has previously been suggested would happen to the UK. And that is the point of this reply. Unfortunately, TLDR is always so focused on what some could call sensationalism for views. It appears to overlook the actual changes and the focus on how direction is changing. Instead paying more attention on the broom sweepers, rather than the curler or the stone. While also choosing to ignore acknowledge the UK is not tied to EU rules or policies.
@danellis-jones1591
@danellis-jones1591 3 жыл бұрын
Apart from Japan, these are all at least 2nd tier countries. This is no win. And time will tell whether a country with 65million people can extract a similar or better deal than a bloc of 450million. I concede that long term this might be a good idea, but short term it's a complete fuck up of mammoth proportions
@darrenbellenger1
@darrenbellenger1 3 жыл бұрын
@@danellis-jones1591 Hence why the video doesn't mention the huge Indian deal or joining the CPTPP. The video cherry picks, intending to appeal to the small minded.
@altacc5356
@altacc5356 3 жыл бұрын
TLDR just says is copy paste.... but most of them when you read they are worse and have more clausules that the EU (especially UK-Japan). Also most of them were negotiatied with good faith on UK that said it will keep a free flow between UK an EU and this is not happening (one of the reasons they are not final yet).
@darrenbellenger1
@darrenbellenger1 3 жыл бұрын
@@altacc5356 Hence why the video doesn't mention the huge Indian deal or joining the CPTPP. The video cherry picks, intending to appeal to the small minded.
@altacc5356
@altacc5356 3 жыл бұрын
@@darrenbellenger1 What huge Indian deal, UK was the main reason why EU-India stopped since they wanted to protect rules of origin of UK products like scottish whisky and they where strongly aganist giving more visas to India.
@judychurley6623
@judychurley6623 3 жыл бұрын
But least they took control and made their own deals! But we all knew it was just an exercise in jingoism from the beginning.
@ameyas7726
@ameyas7726 3 жыл бұрын
The awkward moment when you have to copy the homework of your girlfriend you just broke up with!!
@Gem9g
@Gem9g 3 жыл бұрын
The UK cannot legally make new trade deals yet because its still a member of the EU
@luci75d76
@luci75d76 3 жыл бұрын
All the world get in coalitions and blocks to trade in between : Brics , EU,African Union , ASEAN , nafta , and new Asian trade block , TPP old Etc. And the Brits want to do trade alone ....something wrong in this picture ?
@paranoidrodent
@paranoidrodent 3 жыл бұрын
Something something... empire. TPP got replaced by CPTPP.
@aidanclarke6106
@aidanclarke6106 3 жыл бұрын
@@paranoidrodent - Oh, it has more letters so it should be better 😁
@alexhutcheson8467
@alexhutcheson8467 3 жыл бұрын
"We want to leave the EU so we can make our own trade deals"
@Ouch990
@Ouch990 3 жыл бұрын
I mean, technically we have made our own trade deals they just have similar terms to EU ones currently, I think the main argument is to allow for negotiations to be made entirely with British interests at heart as opposed to the entire continent. Which to me makes sense, I didn’t vote leave but can see we aren’t going to be worse off outside the EU. Plus when you look at some of the countries outside the list presented in there are some economies in there that are growing and growing fast, namely, Kenya and Egypt, however, I am also unfamiliar with the agreements (if any) that the EU has with these nations. Just a thought 🤷🏻‍♂️
@greattobeadub
@greattobeadub 3 жыл бұрын
@@Ouch990 Unfortunately James, the UK simply does not have the firepower nor experience of conducting trade negotiations. The Japanese deal is worse for the UK than the deal with the EU that the UK tried and failed to copy and paste. The UK is also no longer an attractive location for FDI targeting the EU market.
@bobfree5859
@bobfree5859 3 жыл бұрын
@@greattobeadub so how come we have made nearly £200 Billion of deals over the past few months. Try watching something other than the biased bullshit media
@thewingedhussar4188
@thewingedhussar4188 3 жыл бұрын
@@bobfree5859 Because the Uk made alot of quick deals that we don't exactly know the details yet. Alot of billboard signs for the future but not alot of substance. My advice to you and I quote you, "watch something else that isn't biased bullshit media". ^_^ Face it, the Uk doesn't have the presence it once had and we are now going to basically be a drift or without representation in the EU. An the EU holds way more cards then the Uk does. So unless you plan to deregulate and lower standards, the Uk is going to have to trade with the US. OR back with the EU and basically get reabsorbed into the EU. The Japanese have the US backing them up and you would need the EU to be nice if the Swiss trading is to continue long term.
@Cervando
@Cervando 3 жыл бұрын
@@bobfree5859 As the video explained, by copying existing EU deals. We are still a long way from where we were before Brexit.
@OwnGrid
@OwnGrid 3 жыл бұрын
The fact of the matter is that the UK is smaller than the EU in every sense of the word, which means less leverage in negotiating trade deals if any thing the UK will just get worse deals than it had as member of the EU
@kanedNunable
@kanedNunable 3 жыл бұрын
yes but morons believe we have all the bargaining power. because thats what they were told
@owenb8636
@owenb8636 3 жыл бұрын
I hope that 12p off a bottle of Australian wine will be worth giving up preferential access to the common market
@euansmith3699
@euansmith3699 3 жыл бұрын
Don't forget the "delicious" Tim Tams.
@und_ed
@und_ed 3 жыл бұрын
@@euansmith3699 To be fair, Tim Tams ARE delicious. Not worth losing access to the single market, but delicious nonetheless
@vinceellis673
@vinceellis673 3 жыл бұрын
putting an icon of wheat as the 'agri-foods export' to Canada is ridiculous. Canada produces insane amounts of grain, we aren''t importing it from Britain. We are importing cheeses, Patte, chocolates, liquor and other novel 'British' foods like teas and whathaveyou.
@CTCTraining1
@CTCTraining1 3 жыл бұрын
That’s interesting, I didn’t realise that the deal with Iceland was going to benefit their fisherman with reduced import duties into the Uk. I guess it is good for fishermen at large rather than just ours.
@mamba101
@mamba101 3 жыл бұрын
Did you know Harrots is a larger percentage of the economy than all British fishing? Or like warhammer? Ye games workshop is bigger too.
@stevef1639
@stevef1639 3 жыл бұрын
Isn't it also the case that the Japan deal was regarded as being 75% in favour of Japan and 25% in favour of the UK by UK negotiators ?
@ricmac954
@ricmac954 3 жыл бұрын
Truss was unable to state in Parliament any advantage the new deal gave Britain, while there are known disadvantages
@stevef1639
@stevef1639 3 жыл бұрын
@Tag Nuts It means that for every perceived benefit the UK might get from the deal, Japan gets three times as much.
@stevef1639
@stevef1639 3 жыл бұрын
@Tag Nuts Don't blame be for coming out with a crap deal Numb Nuts. Have a word with Truss and her negotiators ;)
@stevef1639
@stevef1639 3 жыл бұрын
@Tag Nuts hahahaha... good one. Have a lovely Christmas numb nuts.
@stevef1639
@stevef1639 3 жыл бұрын
@Tag Nuts Up to baby steps already eh numb nuts ? Go you !!! No holding you back. Have they weaned you off the Express and Daily Mail yet ? Perhaps you could give some of these amazing benefits you are dreaming up to Liz Truss so she'll have something to answer next time she's asked in parliament. Mind you, not so sure that telling them that she got her info of a bloke who names himself after a Viz advert who gets his information from repeated googling until he finds an answer he likes will go down to well. I'm bored now and probably won't answer again as you clearly have nothing. Just in case you need to google that to work it out too.
@Matsmellwood
@Matsmellwood 3 жыл бұрын
I’m not sure why ‘keeping the status quo’ is being said with such negative connotations.
@andrewpaulhart
@andrewpaulhart 3 жыл бұрын
Because the U.K. has paid an absolute fortune and risked trashing its economy for nothing
@nicholasburgess1998
@nicholasburgess1998 3 жыл бұрын
I dont understand what people expect its good we have a starting point with these countries to build on, with matters that help the nations involved. Unlike the EU where its a EU trade deal with France and Germanys best interests at heart
@andrewpaulhart
@andrewpaulhart 3 жыл бұрын
@@nicholasburgess1998 what people expect is what the leave campaign promised. That is nowhere in sight.
@nicholasburgess1998
@nicholasburgess1998 3 жыл бұрын
@@andrewpaulhart politicians make promises year on year, they probably wont come true. I bet on the ones that are most likely going to happen which will benefit myself and my beliefs
@andrewpaulhart
@andrewpaulhart 3 жыл бұрын
@@nicholasburgess1998 you may be ok voting for lying politicians because it suits you. Some of us have a little more integrity.
@nickvliet4614
@nickvliet4614 3 жыл бұрын
I hope we get a more comprehensive deal with them in the future. I'd much rather trade with our neighbors across the pond than with China
@matiasvaldenegro
@matiasvaldenegro 3 жыл бұрын
The UK has already left the EU (in Feb 2020), what changes at the end of this year is that the transition period ends. Please do not keep saying that the UK is leaving the EU at the end of the year.
@thegreypenguin5097
@thegreypenguin5097 3 жыл бұрын
he's just making it easier to understand, for all intensive purposes, esp for ppl outside the UK, it's still in the EU, trade wise
@user-tl5ec2po1b
@user-tl5ec2po1b 3 жыл бұрын
Great work lately!
@uhoh8115
@uhoh8115 3 жыл бұрын
@@thelightsilent You are so brainwashed it is incredible.
@NAYRUthunder99
@NAYRUthunder99 3 жыл бұрын
@@thelightsilent "The Queen will rise Propaganda The Queen will rise To last a thousand years!"
@ulrichbrodowsky5016
@ulrichbrodowsky5016 3 жыл бұрын
Liechtenstein has it's own trade deal xD
@ricmac954
@ricmac954 3 жыл бұрын
What percentage of current UK exports do these deals represent? What percentage do exports to the EU represent?
@andrewpaulhart
@andrewpaulhart 3 жыл бұрын
The official figure is “bugger all”
@SaturnusDK
@SaturnusDK 3 жыл бұрын
The UK trade with the EU account for 47% of the UKs total trade. 43% of total exports and 52% of total imports.
@ricmac954
@ricmac954 3 жыл бұрын
@@SaturnusDK Yep. About 50%*, with the US then accounting for about 50% of the rest, which means that all other exports *combined* approximate 25% of for-now-UK trade. Of that 25%, what fraction is covered by these deals? Er, not very much. (*including EFTA, I think)
@SaturnusDK
@SaturnusDK 3 жыл бұрын
@@ricmac954 Not quite. The 47% is only with the EU. The UK trade with EFTA accounts for 5% of the total UK trade.
@ricmac954
@ricmac954 3 жыл бұрын
@@SaturnusDK That's why I said about 50%, though
@camajakarlsley9899
@camajakarlsley9899 3 жыл бұрын
So basically we just lost free movement and things are going to cost more ..............
@richardscales9560
@richardscales9560 3 жыл бұрын
What the hell is a digital economy deal?
@NeverGiveUpExisting
@NeverGiveUpExisting 3 жыл бұрын
Soooooo...... Why is the UK leaving EU again?
@lacdirk
@lacdirk 3 жыл бұрын
To make Johnson PM. When he's done having his fun, we'll start the long journey back.
@NeverGiveUpExisting
@NeverGiveUpExisting 3 жыл бұрын
@@lacdirk Right, we await your return! With waffles, pierogi and crepes.
@lacdirk
@lacdirk 3 жыл бұрын
@@NeverGiveUpExisting We'll bring some chicken tikka
@NeverGiveUpExisting
@NeverGiveUpExisting 3 жыл бұрын
@@lacdirk Hey, always good with some beer.
@buddy1155
@buddy1155 3 жыл бұрын
Don't care why, glad they are gone. The European Union is suddenly a lot more like minded ... as soon as Poland and Hungry are out it would be close to perfect.
@carrotman2001
@carrotman2001 3 жыл бұрын
If only the first 2 deals you talk about were combined...it would be the Ch-UK / Nor-Ice deal
@TheMiguelarrifano
@TheMiguelarrifano 3 жыл бұрын
so if the Uk needs anything they have to ordered to very distant countries? and the quality of the products it is guaranteed by airplane ?
@AaroneStefano
@AaroneStefano 3 жыл бұрын
I'm British, I am Cultured. But I want to know what this means... then an Australian pops up in an ad trying to sell me an Iphone. Ufff I swear these ads ruin my brain cells everytime. LOL
@lacdirk
@lacdirk 3 жыл бұрын
I disagree that a continuity trade deal is anywhere near the same as the deal we had. Existing trade deals allowed us to export "EU products" to these countries. The rules for what counts as an EU product are complicated. Very, very complicated in some cases. But they basically define whether enough of a product was made in the EU (and some non-EU countries depending on cumulation clauses). Replacement trade deals allow us to export "UK products" to these countries. This means a lot of products we currently export no longer qualify. For instance, most UK-assembled cars will not fall under reasonable definitions of "UK product" as they depend too much on EU parts. And this cannot really be fixed. If we insist that the other country accepts EU content as UK content (which we actually tried to force developing countries to accept), that means industry can continue using EU parts. However, those have now become far more expensive, subject to additional paperwork and prone to delays. So for those products, competitiveness goes down. If we don't insist on it, we may be free to use parts from the other side of the world, but again, this is hardly competitive - or we would already have been doing it. So roll-over deals should not be seen as equivalent. For anything manufactured, including food, chemicals, medicines, cars and industrial machines, they are a huge step down.
@joebidome8351
@joebidome8351 3 жыл бұрын
excellent. 100% from wikipedia
@joebidome8351
@joebidome8351 3 жыл бұрын
that means industry can continue using EU[other countrys] parts. excellent work mate👏
@lacdirk
@lacdirk 3 жыл бұрын
@@joebidome8351 0% in fact. Wouldn't make sense anyway, what article would that be?
@lacdirk
@lacdirk 3 жыл бұрын
@@joebidome8351 I literally addressed the problem with continuing to use EU parts. Are you unable to read, unable to understand or just trolling?
@joebidome8351
@joebidome8351 3 жыл бұрын
@@lacdirk prageru video is 0% factual
@cathlaurs9754
@cathlaurs9754 3 жыл бұрын
And how much has Brexit cost us so far? What utter nonsense it all is.
@namelesscynic1616
@namelesscynic1616 3 жыл бұрын
It has cost a damn sight more thanks to Remainers forcing the UK to extend and extend waiting for magical deals with the EU. We could be 3 years into our own independant trade agreements by now had they not interfered.
@cathlaurs9754
@cathlaurs9754 3 жыл бұрын
@@namelesscynic1616 : ah, and there we have it - the Leavers dumping blame on us Remainers. It astounds me that you don't have the balls to stand up and be counted. This entire catastrophe lands fairly and squarely at the feet of those ill educated enough to have dreamt of unicorns and those who conned them. YOUR FAULT. YOUR MESS. OWN IT.
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@sariaadem842 3 жыл бұрын
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@scottstewart6624
@scottstewart6624 3 жыл бұрын
Jack, on your info-graphic of the UK-Australia book, at about 1:09, you have half a Union Jack, which makes sense. But then you have the stars from the New Zealand flag, which does not make sense.
@bramsrockhopper3377
@bramsrockhopper3377 3 жыл бұрын
You really should have included a comparison of the deal we currently have with the EU in terms of value. Because in comparison, this lot are pretty insignificant. In fact I’d say that not doing so was a bit misleading... Add to that your title “The UK’s seven MAJOR NEW trade deals explianed” and it seems like you’re trying to over-egg things just a touch. I’m hoping that was a whole heap of irony.
@Archie3D
@Archie3D 3 жыл бұрын
I got curious of what exactly the UK imports from Switzerland,... and it's mostly: pearls, precious stones, metals, coins ($19.68B) followed by clocks and watches ($970.42M). Well, is not this great that the supply of pearls and precious stones will not be disrupted!
@ParaplegicSloth
@ParaplegicSloth 3 жыл бұрын
Of course we're only going to do continuity agreements at the moment. It makes sense to maintain the staus quo for now to minimise disruption. Only when this is in place should the focus turn to more time consuming negotiations. Thats just common sense and good management. Also, you critise the deal with the Swiss for omitting financial services, yet you barley mention the financial services increase in the Japan deal. Why do pretend to be a neutral comentator when you clearly have an anti Brexit agenda? I don't mind that you have the anti agenda, I'd just prefer you to be honest about it and have a debate.
@nicholasburgess1998
@nicholasburgess1998 3 жыл бұрын
Lol been thinking the same for a while now
@kennethstople3969
@kennethstople3969 3 жыл бұрын
That the UK wants a new agreement with EFTA will NEVER happen. EFTA doesnt want a new agreement, as that will mean new deals with the EU.Also EFTA doesnt want the UK in the EFTA club either.
@andymiller7268
@andymiller7268 3 жыл бұрын
So as a member of the EU we get these deals for approx ten billion a year. From January 2020 we still get them but at no cost. Is that not a win?
@lennartdorrestijn8059
@lennartdorrestijn8059 3 жыл бұрын
What about trade with the EU?
@Bunnyroo7
@Bunnyroo7 3 жыл бұрын
Um... A bit misleading. The UK has only been able to start negotiating since February and its primary focus has been on the EU. This is a start rather than the final product.
@hfe590
@hfe590 3 жыл бұрын
Hello and welcome to another Remainiac Brexit Explained video.
@GermanGreetings
@GermanGreetings 3 жыл бұрын
It`s not about remain-nostalgy here. I think this channel is just facing facts. As long as populists only create victories, it`s not a basis for better negotiations. Brexit at the moment lacks being ready, precision... and therefore real success. We understand the senceres of half of the British people. But please don`t make you beeing fooled by promises. Please don´t answer in the scale of fishery.
@hfe590
@hfe590 3 жыл бұрын
@@GermanGreetings Your naivety and linguistic skills abhor me.
@GermanGreetings
@GermanGreetings 3 жыл бұрын
@@hfe590 Well... don`t worry yet, Mrs. Delight. We are all foreigners, ...nearly everywhere :)
@hfe590
@hfe590 3 жыл бұрын
@@GermanGreetings Doesn't justify your naivety. Bye.
@GermanGreetings
@GermanGreetings 3 жыл бұрын
@@hfe590 Ok, let`s negotiate in Brexit style: I am naive and accept it; assuming, you can`t do dialogue any better than by this thin-lipped arrogance. And you can of course triumphantly claim, how much more wise and clever you are :) The truth will remain afterwards: You are not in any position, to rank anybody, you can`t know. My little advice: Learn some respect in preparation for the negotiatons with your future global buisiness-partners. It could be people like me... meanwhile the arguments for remain will be rising, casualty by casualty. Don`t be angry about me. Care for your scottish neighbours, ...and care for Anguila and Gibraltar. There are too many little holes in your milkcan. Brexit is not prepaired. So Remain or extension can`t be terms, for blaming others.
@wraithship
@wraithship 3 жыл бұрын
Radically different trade deals, does not equal better. It's very possible the deals we are able to negotiate will be different from the EUs, but because we have less economic power comparatively to negotiate with they will be worse.
@tbeech9239
@tbeech9239 3 жыл бұрын
We support you Brits in this brexit endeavor here in the US and we are glad you're finally taking your country back. Do not allow the corrupt politicians and media to dissuade and demoralize you, that is what they aim to do. Good luck.
@tomosprey8
@tomosprey8 3 жыл бұрын
Half the country didn't want this and the other half is either learning its a mistake or too proud to admit it is.
@williammatthews2287
@williammatthews2287 3 жыл бұрын
@@tomosprey8polls show the vote to leave would be a larger % now.
@jacobjorgenson9285
@jacobjorgenson9285 3 жыл бұрын
Stay in you own broken nation
@abdelhalhuli4365
@abdelhalhuli4365 3 жыл бұрын
It's not enough work done, however a surprisingly high amount from this government.
@aidanclarke6106
@aidanclarke6106 3 жыл бұрын
Who knew they could copy/paste something without having a stroke
@andrewpaulhart
@andrewpaulhart 3 жыл бұрын
So essentially Britain has risked trashing its economy in order to restrict workers from Europe that it needs (Nhs/hospitality/farming etc) and carry on trading with other countries the same as it did before. Genius.
@iwantsomecookies08
@iwantsomecookies08 3 жыл бұрын
and dodge paying new eu taxes on multi-million pound hedge-funds (such as owned by Jacob Rees-Mogg and Nigel Farage) TAKE BACK CONTROL!!
@joebidome8351
@joebidome8351 3 жыл бұрын
2:39 what you will do when your teacher tells you to write an essay.🇬🇧
@NicholasWoodley
@NicholasWoodley 3 жыл бұрын
But where are the sunlit uplands we were promised in 2016
@kanedNunable
@kanedNunable 3 жыл бұрын
now they pretend they wanted no deal at all, all along?! its like arguing with people with Alzheimer's.
@benjohnston9526
@benjohnston9526 3 жыл бұрын
Great video guys, but I just wanted to point out small (but understandable) mistake you made with the AUS-UK trade deal 'book' at 0:18, 0:33, and 1:07. Instead of using the solid white Southern Cross constellation on the Australian flag (🇦🇺) you used the red and white Southern Cross featured on the New Zealand flag (🇳🇿). As an Australian myself I completely understand how easy it is to mistake the two flags and I also know that not very many people from either nation are offended by being confused with their Trans-Tasman counterparts. Keep up the good work!
@Mr.Septon
@Mr.Septon 3 жыл бұрын
Brexit has only furthered my view that the United Kingdom certainly is no longer a big fish swimming in a small pond, rather it is a small fish swimming in a large pond.
@paulwalker2133
@paulwalker2133 3 жыл бұрын
Excellent analysis Shane. Thanks for that.
@raycomeau6866
@raycomeau6866 3 жыл бұрын
Based in this analysis of the top 7 deals in the bag, it represents 39% of UK 2019 exports, assuming any added volume with Japan will not be significant in the initial years. That leaves a very long way to go in a very short time ........ equals negotiation advantage to EU
@leighton2202
@leighton2202 3 жыл бұрын
My word i actually understood it! go me! thank you TLDR! perfect.
@johnsrhorgan
@johnsrhorgan 3 жыл бұрын
What are the trade deals that the UK has NOT rolled over? The UK has done 29 agreements, but most sources refer to the EU as having 40 agreements in place.
@eazybuxafew
@eazybuxafew 3 жыл бұрын
So it’s sounding like brexit is really just a flop
@supermankelly
@supermankelly 3 жыл бұрын
Same trade deals but has sovereignty and ability to trade with the world however it wants going forward. 🤦‍♂️
@Flame1500
@Flame1500 3 жыл бұрын
How? we get all the benefits without being in the EU
@eazybuxafew
@eazybuxafew 3 жыл бұрын
@@supermankelly you definitely do have the ability to generate your own terms and conditions in trade deals. You HAVEN’T yet, but we’ll see what happens going forward
@eazybuxafew
@eazybuxafew 3 жыл бұрын
@@Flame1500 what’s wrong with being in the EU? If you want to maintain all the benefits of membership it couldn’t have been that bad?
@supermankelly
@supermankelly 3 жыл бұрын
@@eazybuxafew It's a political union that wants to consolidate sovereign power. The UK believes in making its own decisions. As will the EU states one by one.
@ReneSchickbauer
@ReneSchickbauer 3 жыл бұрын
3:45 This is probably the first time on KZbin that Piracy and Cheese are mentioned in the same sentence....
@jasonbeattie4362
@jasonbeattie4362 3 жыл бұрын
The UK have signed some of these deals in part to strengthen the negotiating position with the EU. Maintaining these deals with other countries threatens EU suppliers in the event of a no deal situation. BMWs and Audis new 10% tariff but no tariffs on Lexus, Toyota, Hyundai and Kia etc. Tariffs on French, Italian, German, Spanish wine. Demand will switch to South African and new world wine.
@mpowerrr
@mpowerrr 3 жыл бұрын
Yeah, that will teach them! 🤣
@SamButler22
@SamButler22 3 жыл бұрын
You say some of these deals just replicate existing terms from the EU, in a way that suggests that's a bad thing. We're not in the EU anymore so we would only have WTO rules, it's good that we've got these agreements. Not to mention that it took a block of 28 countries to negotiate them, and we've been allowed replicated them solo - that's kind of an accomplishment
@noahbody9782
@noahbody9782 3 жыл бұрын
Brexit is just another case of the British blaming everyone else for their own shortcoming. The French have better food and culture, Germans are more efficient, the Polish work harder, Norwegians are better at fishing, the Greeks make better fish and chips and Spain has better weather. So let’s take our cricket bat and ball and go home and pretend it’s all about sovereignty. The only thing the UK does better is speak the same language as the Americans.
@dean-gm1lg
@dean-gm1lg 3 жыл бұрын
And people risk life and limb to get into the UK it's amazing really
@daemonbyte
@daemonbyte 3 жыл бұрын
errm how is this surprising? We all knew trade deals would take years to do so naturally it makes sense to keep the current deal with the intention of improving it later. Namely almost all of these listed. And it really couldn't make any commitments to other FTA till it knows what is it going to agree with the EU. It'd be very bad to apply something to itself that later kills an EU deal
@kuyaleinad4195
@kuyaleinad4195 3 жыл бұрын
Exactly, I’m a remainer and I understood that most of our trade deals would be copy and pasted for now since new ones take time 🤷‍♂️
@daemonbyte
@daemonbyte 3 жыл бұрын
@@kuyaleinad4195 likewise. I live in Germany so I had a choice to vote I wouldn't have voted to lose my visa :D Even if all the brexit promises do come true and the UK thrives I will only ever see loss and never a gain.
@andrew4363
@andrew4363 3 жыл бұрын
“When they leave the EU at the end of the month” **cries in Scottish**
@uteriel282
@uteriel282 3 жыл бұрын
well if scotland decides to leave the uk there might be a chance to get back into the eu.
@OliverJapan
@OliverJapan 3 жыл бұрын
@B W The income from Scottish oil would remain in Scotland. That would make Scotland very rich.
@d.ag.b1135
@d.ag.b1135 3 жыл бұрын
@B W Sounds like English propaganda to me, and we've all seen how accurate that is!
@thewingedhussar4188
@thewingedhussar4188 3 жыл бұрын
@@uteriel282 Sure we will have to go through the same application process as other countries. But hey, the UK has no right to complain about sottish independence. If they do, i point to the EU. Even though the EU is a trade union but meh, if the Brexiteers want to cry about facts. They should not ignore the ones they don't like. ^^
@nicolabenson1155
@nicolabenson1155 3 жыл бұрын
@@OliverJapan and they will bring a large part of UK fishing sea with them
@finnle5432
@finnle5432 3 жыл бұрын
I'm a EU supporter and I hate that the UK has left. However, I admit it's way too soon to see proper new trade deals as they take huge amounts of time. With that said, the politicians taking victory laps and cheering for these barely-as-good-as-before deals are ridiculous.
@UsmanX
@UsmanX 3 жыл бұрын
2:26 so triggered by it being command and not ctrl
@HistoryonYouTube
@HistoryonYouTube 3 жыл бұрын
Presumably the BrexiTraitors think that this will make up for the loss of a part of the EU market. I have just received a pile of paperwork and administration papers from HMRC. Perhaps one of the BrexiTraitors would be prepared to do this paperwork and cover my costs and losses?
@physiocrat7143
@physiocrat7143 3 жыл бұрын
What papers are they? Sounds as if the UK government has just screwed up its Brexit. Should have gone for unilateral free trade from the start, then no importers would have to be pestered with paperwork.
@HistoryonYouTube
@HistoryonYouTube 3 жыл бұрын
@@physiocrat7143 Customs declarations and various permits - obviously great for pen pushers and unelected civil servants but not doing much for those that are exporting UK products.
@physiocrat7143
@physiocrat7143 3 жыл бұрын
@@HistoryonKZbin Why is HMRC asking for this information about what you are _exporting_? Do they think people might export the Crown Jewels to Germany? I live in an EU country and the EU regulations will make it a nightmare for IMPORTERS from outside the EU but there is nothing new about that.
@ruwiki
@ruwiki 3 жыл бұрын
no deal with his amigo Trump?
@thewingedhussar4188
@thewingedhussar4188 3 жыл бұрын
Plus the fact Trump very well may be going to jail to. If Boris is the UK trump, i wonder what his fate may be.
@tenaciousdean6179
@tenaciousdean6179 3 жыл бұрын
It's almost as if leaving the world's biggest trading bloc was a bad idea.
@yixinkua936
@yixinkua936 3 жыл бұрын
Singapore is being featured prominently? :D
@eduardoking8402
@eduardoking8402 3 жыл бұрын
Do you not know that Singapore punches above its weight?
@yixinkua936
@yixinkua936 3 жыл бұрын
@@eduardoking8402 Of course im singaporean its just so rare to see it being acknowledged in videos :))
@Roughpaws_Studio
@Roughpaws_Studio 3 жыл бұрын
You're actually wrong about the UK not having much different than they had before, unlike when we were in the EU there are no limits on those trade deals. If you're in the EU a member state can't have an advantage over another when it comes to trading with countries outside of the EU. These new deals aren't quite a copy pasta of the EU deals because they don't have any limits. If Pierre's Widget Factory in France had an order from Vietnam for 1bn Widgets he wouldn't be able to fulfill that order because it would give France a trade advantage over other member states. If, however, Angus in Scotland had a factory selling Widgets he COULD fulfill that order, we can trade with countries that we have FTAs with to our heart's content. The trade deal total is almost £200bn, but once our Freeports are sorted out we could very well see that value doubling, particularly as we get more deals sorted out and we see an increase in overseas investment, particularly from India. You're also not giving anywhere near enough credit to Liz Truss for the stellar work that she and her department has done. There were A LOT of people (including the EU) saying that the UK couldn't do a copy pasta of EU trade deals and that the UK couldn't negotiate ONE trade deal in 1 year let alone 30. One of the main reasons why I voted to Leave was because of the opportunities of better trade. Trade deals (such as the one with Japan) can be tailored to the UK's needs, we've seen that with the Japan trade deal and will continue to see that going forward. The other major disadvantage with being in the EU is that negotiating these things, and ratifying them afterwards, takes SO LONG. Because we've only got 4 countries to keep happy we can do these deals quicker than the EU. You'll see this when we secure a trade deal with the States. The EU took 10 years to get a trade deal with Canada sorted out, I guarantee you that we won't be waiting until 2030 to get our final one sorted out lol
@stevenmcalister826
@stevenmcalister826 3 жыл бұрын
You only have 4 counties to keep happy. And the UK can’t even do that right.
@blackbaron0
@blackbaron0 3 жыл бұрын
The acid test of all this will be how much these deals can be build on. CANZUK and TPP agreements would be most intriguing. Well as with all things, time will tell.
@lacdirk
@lacdirk 3 жыл бұрын
CANZUK will not include C, because Quebec will never agree to it. ANZUK might work, as long as it's just free movement of people (and perhaps pensions). But that has nothing to do with brexit: third country immigration was already up to the UK government. TPP is dead. What there is now is called the CPTPP, and it entirely centered on and led by Japan. Joining CPTPP as an appendage for a Pacific trade group would be as close as the UK could get to literally becoming Airstrip One for Oceania. Except that in this case Oceania would be led by Japan, and would not actually be a world power.
@kanedNunable
@kanedNunable 3 жыл бұрын
that is smaller than our trade with belgium alone
@Ben_1993
@Ben_1993 3 жыл бұрын
What’s much more frustrating (and important in many ways) is the lack of updates in regard to Double Tax Treaties. Leaving the EU sees the U.K. outside of the parent subsidiary directive and the interest and royalties directive. In short dividend/royalty/interest payments to UK companies from the EU are no longer guaranteed to be free of withholding taxes. The current treaties often remedy this to 0% but not always. There is absolutely no reason why this hasn’t been remedied and could have happened even pre 2016 (although no benefit to doing so back then).
@renatoe9648
@renatoe9648 3 жыл бұрын
LOL they are even counting palstine and the faroe islands
@megaangelic
@megaangelic 3 жыл бұрын
You think the EU doesn't count those countries in the number of deals it holds?
@EvenWaysMusic
@EvenWaysMusic 3 жыл бұрын
The EU has the same deals with tiny countries. So does the US and everyone else. What's your point...
@markac8
@markac8 3 жыл бұрын
Cut and paste deals
@PeloquinDavid
@PeloquinDavid 3 жыл бұрын
Two observations are in order: (1) The fact that the Swiss (and Norway-plus-Iceland) trade more with the UK than Canada - a much larger economy (and from where I'm writing these lines) - shows just how important geographic proximity is to trade patterns. Memo to Brexiteers: drop all this nonsense about "CANZUK" as it just exposes your economic illiteracy. (2) The fact is that all the main trade deals in place for the immediate post-Brexit period are essentially "cut-and-paste" in nature. Whether they're explicitly "ongoing" or "temporary", all look suspiciously like bets that when all the dust settles the EU too will end up with "cut-and-paste" arrangements with the UK. That is, we're all betting the UK will ultimately come to terms with economic and geographic reality and rejoin the customs union/single market (i.e. settle for "Brexit-in-name-only"). I can't say how other countries/trading blocks see things, but as a typically polite Canadian, I understand perfectly well that the UK wants to continue to pretend that we and they are "planning" to negotiate a more "Japan-style" deal that may depart from what we currently have with the UK via our deal with the EU. The Canadian government and its trade negotiators do understand this and are clearly willing to go along with this publicly. But they also understand that there is no urgency to this and that what we can realistically conclude by way of mutually beneficial "add-ons" critically depends on what arrangements the UK comes up with in relation to future trading relationships and regulatory harmonization agreements with the EU (i.e. the UK's biggest/most natural trading partner by far) and with the US (i.e. Canada's biggest/most natural trading partner by far). In other words, there will be near-zero priority given to modifying/adding to the roll-over trade deal we just signed: why would either Canada OR the UK devote scarce trade negotiation resources to speculatively negotiating Canada-UK rules based on a wide range of different scenarios regarding future UK-EU and UK-US trade deals when we could simply wait for the latter to materialize. As such, the "temporary" nature of at least Canada's deal with the UK means very little indeed and suggests a further memo to Brexiteers: again, stop the nonsense on CANZUK as an ultimate post-Brexit destination on trade...
@danielschneider1504
@danielschneider1504 3 жыл бұрын
If Switzerland is in EFTA, a is suggested by their flag being on the infographic at 5:26, wouldn't that mean that the deal with Switzerland is also temporary?
@chrissowerby69
@chrissowerby69 3 жыл бұрын
Just shows that you don't need to be in the EU to get the same deal as an EU member. Same deal, improved sovereignty I would take that any day.
@beu9245
@beu9245 3 жыл бұрын
Fair point except you're missing one quite major point those deals will do litle to patch the economic hole left by reduced trade with the EU, (It's a lot easier and cheaper to trade with your neighbours than distant countries) and no deal seems to be more and more likely these days
@kanedNunable
@kanedNunable 3 жыл бұрын
how are we improving sovereignty? moving from EU laws to WTO laws. i wish you would stop saying things you have no idea about.
@blue_otter7716
@blue_otter7716 3 жыл бұрын
If Switzerland is also in efta, should it not also be considered as a temporary agreement similar to Norway and Iceland ?
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