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Thread: O/T DDay for Brexit..well sort of...

  1. #2011
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    Quote Originally Posted by WanChaiMiller View Post
    Big lad. I'll ask you this. Where are WTO terms made, by whom, what is the democratic process in making those rules and what input has the UK had in creating those terms?

    In which court are trade disputes settled?
    https://www.wto.org/english/tratop_e.../tariffs_e.htm

  2. #2012
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    FFS how many times do people need telling that it is in the best interests of every country we as a nation do business with to continue doing business with us at the lowest possible cost for both goods in and goods out. Nobody will price themselves out of the market because that is just stupid.

    Tariffs are set by each country that does business with each other and then the WTO oversees that that those tariffs are not changed, broken or otherwise reneged on. This is a binding contract in law. How hard is that to understand!

  3. #2013
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    When people voted to stay in the EEC in 1975 they thought they were voting to be part of a trading block not to be part of a Federal Superstate with it's own currency and it's own army.

  4. #2014
    Quote Originally Posted by great_fire View Post
    When people voted to stay in the EEC in 1975 they thought they were voting to be part of a trading block not to be part of a Federal Superstate with it's own currency and it's own army.

    Yes the European Economic Community, the clue is in the middle word.

    But now the UK is in the EEDG

    The Eastern European Dumping Ground

  5. #2015
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    Quote Originally Posted by great_fire View Post
    When people voted to stay in the EEC in 1975 they thought they were voting to be part of a trading block not to be part of a Federal Superstate with it's own currency and it's own army.
    Obviously it didn't even come up that the people didn't know what they were voting for on that occasion because it suited them at the time.

  6. #2016
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    Quote Originally Posted by WanChaiMiller View Post
    Big lad. I'll ask you this. Where are WTO terms made, by whom, what is the democratic process in making those rules and what input has the UK had in creating those terms?

    In which court are trade disputes settled?
    OK WanChaiMiller lets go through this.

    WTO TERMS ARE MADE BY US WITHIN A SET STRUCTURE AS IT IS ALREADY DONE THAT WAY WITHIN THE EU(the EU set the the tariff that we abide by).

    Once we leave the EU the making of tariffs will fall into our hands and we set the tariffs for the UK only. The WTO is only an overseer that those tariffs are not changed, broken or reneged on. If they are reneged on by any party the WTO's courts take over and make a judgement that is legal and binding it is as simple as that.

    The WTO is an organisation that countries sign up to to oversee fair trading is done by all parties. It has no input into tariff making per-say it only oversees that the tariffs are not broken between the trading partners.

    As I have said previously even the EU is registered with the WTO but we fall within the EU tariff because while ever we are in the EU we cannot make our own deals with any country outside the EU or we will be breaking EU laws.
    Last edited by BigLadonOS; 24-05-2019 at 02:06 AM.

  7. #2017
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    Quote Originally Posted by WanChaiMiller View Post
    Big lad. I'll ask you this. Where are WTO terms made, by whom, what is the democratic process in making those rules and what input has the UK had in creating those terms?

    In which court are trade disputes settled?
    OK WanChaiMiller lets go through this.

    WTO TERMS ARE MADE BY US WITHIN A SET STRUCTURE AS IT IS ALREADY DONE THAT WAY WITHIN THE EU(the EU set the the tariff that we abide by).

    Once we leave the EU the making of tariffs will fall into our hands and we set the tariffs for the UK only. The WTO is only an overseer that those tariffs are not changed, broken or reneged on. If they are reneged on by any party the WTO's courts take over and make a judgement that is legal and binding it is as simple as that.

  8. #2018
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    Quote Originally Posted by WanChaiMiller View Post
    Big lad. I'll ask you this. Where are WTO terms made, by whom, what is the democratic process in making those rules and what input has the UK had in creating those terms?

    In which court are trade disputes settled?
    OK WanChaiMiller lets go through this.

    WTO TERMS ARE MADE BY US WITHIN A SET STRUCTURE AS IT IS ALREADY DONE THAT WAY WITHIN THE EU(the EU set the the tariff that we abide by).

    Once we leave the EU the making of tariffs will fall into our hands and we set the tariffs for the UK only. The WTO is only an overseer that those tariffs are not changed, broken or reneged on. If they are reneged on by any party the WTO's courts take over and make a judgement that is legal and binding it is as simple as that.

    For example. The EU has set the tariff to 40% for meat products outside the EU and 20% for countries inside the EU. So if we wanted to trade meat products with say Japan, this would mean that we would have to trade through the EU at the 40% tariff because they are outside the EU and we could not trade direct with Japan because EU law says we cannot do that. However onnce we are out of the EU we could set our own tariffs for meat products and we could trade direct with Japan. The tariff we set could be between 0% and 40% as set out in WTO terms.

    I hope that helps you understand

  9. #2019
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    Quote Originally Posted by WanChaiMiller View Post
    Tariff are set globslly by WTO. If we trade under wto rules tariff are set by them. We have the scope to alter tariffs. But, if we do so, it cannot be done per country. It has to be done at the same rate for every country with which we trade. We cannot make separate trade tariff arrangements per country under wto rules.
    Tariffs are not set by the WTO. Tariffs will be set by us. The WTO has guidelines that we have to follow I agree with you on that point but as an organisation it has to have rules that each country must follow when they sign up to the WTO. We will set our own tariff within those rules but right now we do not have the option to set those tariffs. We have to abide by what tariff the EU set up. What is hard to understand about that?

    The EU is like having a Tesco card and Tesco saying because you have signed up to get our card you cannot shop anywhere else but Tesco.

    The real reason you are being so pedantic about this is because you do not want to leave the EU and are trying to make it look like a really hard thing to do when in reality it is very easy.

    As of right now the WTO has set the guideline that meat products must fall within a 0% tariff up to a 40% tariff. We can set our tariff anywhere within that structure and then the WTO will oversee that that what we set is what we use. Under the EU we cannot do that as we have to abide by what the EU set. It's not frucking rocket science is it.
    Last edited by BigLadonOS; 24-05-2019 at 03:35 AM.

  10. #2020
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    Quote Originally Posted by BigLadonOS View Post
    OK WanChaiMiller lets go through this.

    WTO TERMS ARE MADE BY US WITHIN A SET STRUCTURE AS IT IS ALREADY DONE THAT WAY WITHIN THE EU(the EU set the the tariff that we abide by).

    Once we leave the EU the making of tariffs will fall into our hands and we set the tariffs for the UK only. The WTO is only an overseer that those tariffs are not changed, broken or reneged on. If they are reneged on by any party the WTO's courts take over and make a judgement that is legal and binding it is as simple as that.

    For example. The EU has set the tariff to 40% for meat products outside the EU and 20% for countries inside the EU. So if we wanted to trade meat products with say Japan, this would mean that we would have to trade through the EU at the 40% tariff because they are outside the EU and we could not trade direct with Japan because EU law says we cannot do that. However onnce we are out of the EU we could set our own tariffs for meat products and we could trade direct with Japan. The tariff we set could be between 0% and 40% as set out in WTO terms.

    I hope that helps you understand
    Thank you for your advise but dont think you have a full understanding.

    WTO rules and regulations are made by them at their hq in Swirzerland. Trade disputes are settled by WTO tribunals in Geneva. Please do not confuse trading through the WTO with bringing sovereignty or control of our trade relations back to the UK.

    Tariff are set globally by WTO. If we trade under wto rules, tariff are set by them. We have the scope to alter import duty. But, if we do so, it has to be done at the same rate for every country with which we trade. We cannot make separate trade tariff arrangements per country. We have influence over the rate for imports but cannot use those same rates for exports. We cannot alter trading terms and conditions.

    It is quite simply a dumb way to do international business. No other country uses it as their preferred way to do world trade (apart from Mauritania).

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