![]() |
Free Trade agreement with US worth 0.16% GDP
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...eal-with-trump |
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?
|
Ah well at least we get a blue passport made in France though!!
|
Quote:
|
Quote:
|
Quote:
|
Quote:
|
Quote:
Why nobody's shouting "project fear" ? :laugh: |
From the article
"from crashing out of the EU," Er no we did not The failing Guardian trolling it's reader again? |
Quote:
|
Quote:
The ones who could not see the banking crisis or any financial crisis... |
Quote:
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. |
Imagine disputing brexit government own figures :laugh2:
Logic disappearing up its own arse again |
All times are GMT. The time now is 04:05 PM. |
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
User Alert System provided by
Advanced User Tagging (Pro) -
vBulletin Mods & Addons Copyright © 2025 DragonByte Technologies Ltd.