Free Trade agreement with US worth 0.16% GDP

[Twosugars]

The British economy would be at most 0.16% larger by the middle of the next decade under a comprehensive trade deal with the US, the government has admitted, laying bare the limited benefits from striking an agreement with Donald Trump.

In a Department for International Trade (DIT) document, designed to kick-start post-Brexit trade talks with the White House, the government said the British economy stood to benefit from an “ambitious and comprehensive” trade deal worth a fraction of GDP, equivalent to £3.4bn after 15 years.

Prompting warnings from economists that the benefits would be far outstripped by the losses from crashing out of the EU, the official analysis also showed that a more limited trade deal with the US would deliver benefits to the UK economy worth just 0.07% by the middle of the 2030s, or about £1.4bn.

The government had previously estimated the economy would be as much as 7.6% smaller should Britain leave the EU without a deal, and about 4.9% smaller under Boris Johnson’s preferred Canada-style agreement.
https://www.theguardian.com/politics/2020/mar/02/uk-says-it-will-not-lower-standards-to-strike-trade-deal-with-trump

[The Slim Reaper]

We've had enough of experts telling us truths. Can you post the good news about Boris and his new baby on the way, please?

[Smithy]

Ah well at least we get a blue passport made in France though!!

[The Slim Reaper]

Ah well at least we get a blue passport made in France though!!

I think the Poles are involved too.

[Twosugars]

I think the Poles are involved too.

:suspect:

[The Slim Reaper]

:suspect:

They're being made in a Polish factory, so you can piss off home with the rest of your lot. You lost, get over it :smug:

[Twosugars]

They're being made in a Polish factory, so you can piss off home with the rest of your lot. You lost, get over it :smug:

But, but "global, outgoing Britain" they said :bawling:

[Twosugars]

We've had enough of experts telling us truths. Can you post the good news about Boris and his new baby on the way, please?

The hilarious part is these are governments own figures.
Why nobody's shouting "project fear" ? :laugh:

[Crimson Dynamo]

From the article

"from crashing out of the EU,"

Er no we did not

The failing Guardian trolling it's reader again?

[The Slim Reaper]

From the article

"from crashing out of the EU,"

Er no we did not

The failing Guardian trolling it's reader again?

Try reading that part again, and see if you reach the same conclusion. It doesn't say we've crashed out. Too much dead bone dust in your eyes.

[Crimson Dynamo]

Try reading that part again, and see if you reach the same conclusion. It doesn't say we've crashed out. Too much dead bone dust in your eyes.

I guess it becomes very unclear when it mentions warnings from "economists"

The ones who could not see the banking crisis or any financial crisis...

[The Slim Reaper]

I guess it becomes very unclear when it mentions warnings from "economists"

The ones who could not see the banking crisis or any financial crisis...

Nah, the text is pretty clear.

The banking crisis was caused by years of deregulation by both parties in the US, and there were economists that had warned about such things. Just like there are economists warning today about continued deregulation, which actually will be a massive issue in post brexit UK.

[Twosugars]

Imagine disputing brexit government own figures :laugh2:

Logic disappearing up its own arse again