Friday, 21 October 2022

Brexit Shambles

In my view, Brexit so far is a mess. The reason I think it is a mess is because we didn't have a clear direction. It took 3 and a half years just to decide what type of exit from the EU we will have. Parliament couldn't decide if we were going to make a clean break or a partial separation. They were treating it like a plunger on a detonator. They were worried pushing the plunger all the way down would blow up Britain. I guess this was never done before. It didn't help that people were taking the government to court when they first tried to make a clean break in the beginning. Being indecisive can be harmful I guess. 

Now we are left with a very basic trade deal. If a business wants to sell goods to the EU, they have to prove that all the parts of their product were made in the UK, otherwise they have to pay an import tariff. Sending goods in and out of the EU is quite slow.  The EU member states don't want us to bring products into the EU market that are from low inflation, low tax countries without paying an import tax. It would make their own products less competitive. 

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