Brexit and trade: Keynote Debate - David Blake and Ian Dunt

Keynote Debate
Ian Dunt, Editor, Politics.co.uk
David Blake, Cass Business School and Economists for Free Trade
Meredith Crowley, Research Leader, UK in Changing Europe & University of Cambridge (chair)
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[@JoeMarine]

Best Brexit quote yet - Definition of Brexit - the undefined being negotiated by the unprepared in order to get the unspecified for the uninformed

[@rufanuf1]

The Best EU quote yet - the clearly defined, being dictated by the unelected, in order to get the specified outcome for the connected. Thee fixed it for ya Joseph.

[@daquidi]

David Blake used wrong data, obviously numbers that serve his argument, but wrong nonetheless. Thanks, Meredith Crowley for pointing that out.

[@rufanuf1]

No different to the Remainers Data then? Its simply all nonsense. The UK is leaving the EU, sort it out....end of.

[@dutchman7623]

Only 8% trades with the EU... Well, not surprising at all. Your local bakery will not buy on the world market, they get their flower from a distributor who does, if it is a bigger one. And this distributor provides for hundreds, maybe thousands of bakeries all around the country. Does this implicate that only 8% of flower comes from the EU or world market? No! 90% comes from those markets but only a few companies trade in it. If only 8% trade with the EU why do all bakeries have to comply with EU regulations on quality of flower? The EU regulations only require a few basic quality demands, just to protect you from being given harmful components that others, outside the EU, allow producers to use. On the other hand, because all producers have to comply with those regulations, there is fair competition in the market and you can trust flower to be of at least some minimum quality whether it comes from Poland, Italy, Sweden or France.

[@TorianTammas]

I am sorry WTO is not so attractive as only Mauritania trades exclusively under WTO rules. All other countries have made better arrangements with the closest trading partner. When the UK burns 750 treaties then this is exact the contrary what countries around the world do. They arrange all kind of trade deals and even join trade blocs.

[@michaelmouse4024]

October 2019 now makes these types look even more odd the they did then. However, the next issue to consider is if brexit is in fact secured & then fails [ economically, culturally, politically etc ] will those leave 'purists' show a sliding scale of demands for EU re-entry and/or the resignation/prosecution of those MPs etc [ Gove Johnson Mogg Banks et al ] for what some consider to be the blatant exploitation of a naïve electorate? After all, brexit would not be the first belief system to prove inefficient or simply impracticable: take ancient Cyrenaicism or 20th Cent communism as examples. I argue brexit is just yet another promise of paradise...

[@shaunp4764]

Thanks for posting this. It's never a bad thing to have a clear and calm debate on Brexit. I hope people take this to heart on both sides.

[@kyaume21]

The moment Blake cited Minford, stating that the host of economists agreed with him, I knew this guy was making things up.

[@stephenhunter4585]

They need to find someone far more informed than David Blake to have a half decent debate

[@DavidHoughton17]

August 2018 and Brexit is still a shit show.

[@biocapsule7311]

This is so stupid and I am a lay person from half a world away, the reason why most successful country is protective of their agro sector is that if a country can no longer maintain even the slightest ability to product food (no infrastructure, know-how etc.), they will be forever, entirely dependent on the international market. So when David Blake speak of his point against protectionism, he essentially ceding any trade leverage away as a price of following his rubbish "principle" a "free market".

[@boptah7489]

Meridith Crowley. Is missing 1 key fact on agricultural protectionism. The UK is not obliged to pay for the Agricultural policy and subsidies on goods from the rest of the world .

[@TorianTammas]

bo ptah When one follows your idea then UK can just close down every agriculture production they have. The US produces on another scale and would just take over the UK agriculture market.

[@boptah7489]

The US cannot compete with locally grown produce. The UK is fantastic for growing food and bring on livestock. We are not a barren country, We are lush and entrepreneurial. We are not frightened of US food. I doubt if you even live in the UK. You have no clue what you are talking about.

[@TorianTammas]

bo ptah - 55% of all UK farm income is derived from European subsidies; that since we only produce just over half of what we eat, we depend on European imports for a quarter of our consumption; and that the sector has become so dependent on European migrant workers that without them it could collapse, as British strawberry growers have just warned. Our departure from the EU represents both an existential risk to our food and farming system and a once-in-a-generation opportunity to reform it. Farmers received about £3bn in support from the much-reviled common agricultural policy last year - over £2bn in direct payments, paid per hectare, and about £600m in rural development payments. They are not competitive on the international market.

[@boptah7489]

TT for every £ the EU gives the UK. It costs the UK £2. That includes farm subsidies. Farm subsidies will be phased out when we leave the EU , because they only benefit large landowners and lazy farmers. New Zealand agriculture 'took off' once they abolished subsidies. We have plenty of useless 'remainers' to pick fruit in the fields , once they have been trained sufficiently. Any industry that is being subsidised will not be competitive internationally. This is why the EU is the most expensive place to buy food.. We will import food far cheaper when we leave the EU.

[@karstenschuhmann8334]

The idea behind the agricultural protectionism of the EU is, in fact, the idea of self-sufficiency. So it is a part of "national" security. It does not need to be economic. Let's see how the UK will do without the food supply from Europe.

[@shermanmccoy81]

"only 8% of UK firms trade with the EU" - a completely meaningless statistic. Regardless of magnitude that's still a lot of jobs and livelihoods at risk. David Blake is hiding behind statistics because his arguments do not withstand any scrutiny.

[@boptah7489]

shermanmccoy81. It is not a meaningless statistic. Because 100% of our market is regulated by the EU. This is ridiculous if only 8% needs to comply with EU regs. This 'red tape' costs UK firms money and time, And is the biggest financial advantageous on leaving. and the list of advantages of leaving are very long indeed.

[@boptah7489]

Alan Marr. When we leave the EU ONLY companies that deal with the EU have to comply with EU regs. If that is proving onerous for the company involved then they might not bother trading with the EU, if trading with other countries does not demand such nonsense. The EU are going to lose a lot of our business when we are out. but that is their fault.

[@boptah7489]

Alan marr. That is a problem for the companies involved. There is no point in the whole country getting involved in a small % of the EU market. ( 15% and falling ) If companies want to trade with the EU, that is their responsibility to honour the contract. If the contract becomes onerous because of excessive regulations. Then companies have the option of trade ejsewhere outside the EU..

[@TorianTammas]

bo ptah Yes, who cares to endanger 3 million jobs. Who cares that 66% of the UK exports depend on the EU. (48% exports into the EU 27 + 16% through EU trade deals.)

[@boptah7489]

TT When we leave the EU we will be bigger and more powerful in the world. The EU was holding us back. Now make way and get ready to roll out the red carpet.. Britain will soon be back.

[@carlosmiranda2005]

Unprepared fabricator.

[@light-chemistry]

This guy David is being totally ideological. Much of the Brexit vote was against globalisation (and in particular wage depression) and this guy thinks the solution is let's have more globalisation?

[@davidsmith-vc9ul]

Ian dunt is EU,now that's out the way,EU you can deal with us at lower prices,uk can declare free trade on goods and services, Singapore and Hong Kong,prime examples of our thriving markets we created, still flourishing today,China learned from Hong Kong and look where they are today,we know what to do its not a secret the EU is holding us back,and Ian always remember, we could save 55 million pounds a day which already is in our back pocket don,t be daft IAN its a lot of money,you need to mention it every time,we don't want to deal with a private company that wants to steal our sovereignty,no core and flex Ian please,enough totalitarian stuff already,American lady go away we know how to do business,i don't trust you,your views are hogwash and mr trump wont agree with you,not interested in your liberal views its hogwash keep away from us America will give us bad luck,70 percent of the world don't want to touch anything AMERICAN ,IAN,you the radical won,this is a EU pro show,thanks for nothing,and by the way its pointless putting ppl in to answer your pro EU questions,its so surreal its just so plastic I,m not going to live,in a superstate,you have to try harder ,I,m not feeling it,something is wrong here,just feels wrong,OH AND BY THE WAY,WHERE IS THE OPPOSITION,Ian your degree of penertration is pipsqueak minimal I,m not feeling it,its to small I'm not really feeling the harmony,maybe its an eye wash,there are ppl that like sacrifice,ok so the think tank have givin the agriculture away you guys are true visionaries so thats sold off, then that's one may go to court,note taken,still the audience are well versed,on a scale of 1 to 10 you all scored 1 you all failed,IAN you always say you know,well if we know whats the point of this show,no IAN I don,t know, you did not give a democratic talk here that I do know..