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UK agrees free trade deal with Japan

Fri Sep 11, 2020 8:04 am

That will upset all the lefties and remoaners ,boom first one of many, thought we would find it so hard to get a free trade deal with anyone.

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 9:05 am

I was not concerned if we stayed in or left EU We did major trade with Japan when we were in EU just because we have a trade deal does not mean we will do more They are not going to buy any more of our whiskey or fashion goods We will just end up buying more of their cars
Step in the right direction thou

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 9:06 am

ion wrote:That will upset all the lefties and remoaners ,boom first one of many, thought we would find it so hard to get a free trade deal with anyone.




Is Japan in EU or is EU made in Japan? I
:laughing6:

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 9:12 am

This is the first ,the eu are shitting it ,the Japan deal takes down any financial barries between city of London and Tokyo ,the service industry is massive

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 9:31 am

A step in the right direction at least.

Yes, some naysayers will say that 2018 trade to Japan was only 2% of our total trade and that this deal could increase our gdp by 0.07% whilst we'll be losing 5% by leaving but hey, facts never got in the way on this forum before so let's not let them start now.

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 10:43 am

CCFCJosh75 wrote:A step in the right direction at least.

Yes, some naysayers will say that 2018 trade to Japan was only 2% of our total trade and that this deal could increase our gdp by 0.07% whilst we'll be losing 5% by leaving but hey, facts never got in the way on this forum before so let's not let them start now.

You are not factoring the increase of trade levels also the financial impact of barrier free trade in financial and services industry between the city and Tokyo, Japan is the 3rd largest economy in the world and we have signed a deal ,with other deals already in the pipe line and continuity deals already signed up britain is going global where all the growth is, eu as a block is the worst preforming trade block

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 10:48 am

wez1927 wrote:
CCFCJosh75 wrote:A step in the right direction at least.

Yes, some naysayers will say that 2018 trade to Japan was only 2% of our total trade and that this deal could increase our gdp by 0.07% whilst we'll be losing 5% by leaving but hey, facts never got in the way on this forum before so let's not let them start now.

You are not factoring the increase of trade levels also the financial impact of barrier free trade in financial and services industry between the city and Tokyo, Japan is the 3rd largest economy in the world and we have signed a deal ,with other deals already in the pipe line and continuity deals already signed up britain is going global where all the growth is, eu as a block is the worst preforming trade block

Wez, please stop talking positive sense as the doommeister that is an entity known as Josh will never buy it.

I totally agree with you btw Wez

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 10:52 am

CCFCJosh75 wrote:A step in the right direction at least.

Yes, some naysayers will say that 2018 trade to Japan was only 2% of our total trade and that this deal could increase our gdp by 0.07% whilst we'll be losing 5% by leaving but hey, facts never got in the way on this forum before so let's not let them start now.



isnt the reason we have signed this new deal to increase that ? think of it in terms of signing Kiefer Moore, the idea is to be better not stay the same

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 11:07 am

wez1927 wrote:
CCFCJosh75 wrote:A step in the right direction at least.

Yes, some naysayers will say that 2018 trade to Japan was only 2% of our total trade and that this deal could increase our gdp by 0.07% whilst we'll be losing 5% by leaving but hey, facts never got in the way on this forum before so let's not let them start now.

You are not factoring the increase of trade levels also the financial impact of barrier free trade in financial and services industry between the city and Tokyo, Japan is the 3rd largest economy in the world and we have signed a deal ,with other deals already in the pipe line and continuity deals already signed up britain is going global where all the growth is, eu as a block is the worst preforming trade block

You are aware the figures I said were in the government announcement of the deal. Our government are the ones expecting a long term increase to our gdp that could get to 0.07%. I am going to assume (or hope at least) that they have factored in everything so don't blame me for their figures.

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 11:14 am

wez1927 wrote:This is the first ,the eu are shitting it ,the Japan deal takes down any financial barries between city of London and Tokyo ,the service industry is massive


It took the Eu and Japan 8 years to agree their Trade Deal ( EU-Japan Economic Partnership Agreement) and despite all the doom and gloom from the remoaners about the UK being unable to negotiate deals our Government has concluded a deal is just months. This is just the start.

The UK will be better off with this deal from day 1 because currently goods imported from Japan and sold in the UK will have Vat charged at 20%. Currently the EU take a chunk of that but that is about to end.

Australia, New Zealand, Canada and hopefully America next I for one can't wait.


:bluescarf: :bluescarf: :bluescarf:

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 11:17 am

castleblue wrote:
wez1927 wrote:This is the first ,the eu are shitting it ,the Japan deal takes down any financial barries between city of London and Tokyo ,the service industry is massive


It took the Eu and Japan 8 years to agree their Trade Deal ( EU-Japan Economic Partnership Agreement) and despite all the doom and gloom from the remoaners about the UK being unable to negotiate deals our Government has concluded a deal is just months. This is just the start.

The UK will be better off with this deal from day 1 because currently goods imported from Japan and sold in the UK will have Vat charged at 20%. Currently the EU take a chunk of that but that is about to end.

Australia, New Zealand, Canada and hopefully America next I for one can't wait.


:bluescarf: :bluescarf: :bluescarf:

Totally agree ,what the remainers don't get is we control our own vat ,tax and tariffs this will give us flexibility to deal with crisis in the future

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 1:13 pm

I don’t understand this idea amongst Leave voters that remainers or lefties want Brexit to fail. I’m pro remain, still am, but Christ I hope Brexit is the success that will pave the streets in gold I’ve been promised it will be by some.
Why would I take pleasure in increased unemployment, stagnated wages, a lower quality of life, etc just to be able to say “ha, told you so” to the Leave voters?
I hate Johnson and I’m no fan of the Tories but I still hope they’ll be a successful government, watching Johnson flounder and splutter on PMQ or announce another U-turn doesn’t make me happy.

On the surface this sounds like good news, but nothing has been agreed officially and can’t be signed until Jan 1st and the full details haven’t been released yet but hopefully it’s more than just the same deal we’ve already had with Japan for years.

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 1:42 pm

WestCoastBlue wrote:I don’t understand this idea amongst Leave voters that remainers or lefties want Brexit to fail. I’m pro remain, still am, but Christ I hope Brexit is the success that will pave the streets in gold I’ve been promised it will be by some.
Why would I take pleasure in increased unemployment, stagnated wages, a lower quality of life, etc just to be able to say “ha, told you so” to the Leave voters?
I hate Johnson and I’m no fan of the Tories but I still hope they’ll be a successful government, watching Johnson flounder and splutter on PMQ or announce another U-turn doesn’t make me happy.

On the surface this sounds like good news, but nothing has been agreed officially and can’t be signed until Jan 1st and the full details haven’t been released yet but hopefully it’s more than just the same deal we’ve already had with Japan for years.




No it's not same deal as now 99% of trade be tariff free.. all trade organisations welcome the deal which should tell you something... going to be slow going getting other deals but as long as fone right uk will benefit everytime a deal is done outside EU.. must remember trade is a two way street no matter who the countries or group of countries are. Deals are beneficial to both parties normally!

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 2:13 pm

CCFCJosh75 wrote:A step in the right direction at least.

Yes, some naysayers will say that 2018 trade to Japan was only 2% of our total trade and that this deal could increase our gdp by 0.07% whilst we'll be losing 5% by leaving but hey, facts never got in the way on this forum before so let's not let them start now.

Sorry, I used an incorrect figure. A no deal brexit will lower gdp by around 7.6% not 5%. The deal Boris is 'trying' to get will lower it by 6.7%.

So at least this trade deal will claw back just under a hundredth of what we'll lose by a no deal brexit.

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 3:39 pm

You’re confused already Josh.. forecasts aren’t facts.

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 3:50 pm

CCFCJosh75 wrote:
CCFCJosh75 wrote:A step in the right direction at least.

Yes, some naysayers will say that 2018 trade to Japan was only 2% of our total trade and that this deal could increase our gdp by 0.07% whilst we'll be losing 5% by leaving but hey, facts never got in the way on this forum before so let's not let them start now.

Sorry, I used an incorrect figure. A no deal brexit will lower gdp by around 7.6% not 5%. The deal Boris is 'trying' to get will lower it by 6.7%.

So at least this trade deal will claw back just under a hundredth of what we'll lose by a no deal brexit.



Give it a rest Gina Miller, Brexits done now, the new argument is whether COVID 19 is a real threat or a conspiracy to control the masses!!!

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 3:52 pm

castleblue wrote:
wez1927 wrote:This is the first ,the eu are shitting it ,the Japan deal takes down any financial barries between city of London and Tokyo ,the service industry is massive


It took the Eu and Japan 8 years to agree their Trade Deal ( EU-Japan Economic Partnership Agreement) and despite all the doom and gloom from the remoaners about the UK being unable to negotiate deals our Government has concluded a deal is just months. This is just the start.

The UK will be better off with this deal from day 1 because currently goods imported from Japan and sold in the UK will have Vat charged at 20%. Currently the EU take a chunk of that but that is about to end.

Australia, New Zealand, Canada and hopefully America next I for one can't wait.


:bluescarf: :bluescarf: :bluescarf:


:thumbup: :occasion5: :occasion5: :occasion5: :ayatollah:

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 3:52 pm

Bluebina wrote:
CCFCJosh75 wrote:
CCFCJosh75 wrote:A step in the right direction at least.

Yes, some naysayers will say that 2018 trade to Japan was only 2% of our total trade and that this deal could increase our gdp by 0.07% whilst we'll be losing 5% by leaving but hey, facts never got in the way on this forum before so let's not let them start now.

Sorry, I used an incorrect figure. A no deal brexit will lower gdp by around 7.6% not 5%. The deal Boris is 'trying' to get will lower it by 6.7%.

So at least this trade deal will claw back just under a hundredth of what we'll lose by a no deal brexit.



Give it a rest Gina Miller, Brexits done now, the new argument is whether COVID 19 is a real threat or a conspiracy to control the masses!!!




You are talking to mr barnier in disguise so get no change from him regarding EU... :thumbup:

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 4:23 pm

rumpo kid wrote:You’re confused already Josh.. forecasts aren’t facts.

Well I'm only going off the figures given by the government's top macroeconomic advisors who have worked on and studied the deal. What % do you think this deal will be worth to our gdp? (with workings obviously). Or shall we assume the experts will be close to the right answer?

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 6:15 pm

All I’d say is never assume anything.. especially when one doesn’t know the details and can’t predict the future. There will be a deal. The economists forecast, but they’re oft wrong. I don’t think you’ve gotten over it really..

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 6:52 pm

CCFCJosh75 wrote:
CCFCJosh75 wrote:A step in the right direction at least.

Yes, some naysayers will say that 2018 trade to Japan was only 2% of our total trade and that this deal could increase our gdp by 0.07% whilst we'll be losing 5% by leaving but hey, facts never got in the way on this forum before so let's not let them start now.

Sorry, I used an incorrect figure. A no deal brexit will lower gdp by around 7.6% not 5%. The deal Boris is 'trying' to get will lower it by 6.7%.

So at least this trade deal will claw back just under a hundredth of what we'll lose by a no deal brexit.



how long do you intend staying bitter over this . its not going to change even if you change peoples minds, its suck it and see time and if its sour no doubt give it a few years and the mistake will be clear and we go back tail between legs.. thing is we both know they will bite our hand off if that were to happen..

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 8:47 pm

WestCoastBlue wrote:I don’t understand this idea amongst Leave voters that remainers or lefties want Brexit to fail.


A sensible question.

In rebuttal, the defence presents exhibit A) CCFCJosh1975

His need to be proven right, is why many assume remainers wish to Brexit to fail.

Sadly he is not an isolated case.

Re: UK agrees free trade deal with Japan

Fri Sep 11, 2020 9:56 pm

ealing_ayatollah wrote:
WestCoastBlue wrote:I don’t understand this idea amongst Leave voters that remainers or lefties want Brexit to fail.


A sensible question.

In rebuttal, the defence presents exhibit A) CCFCJosh1975

His need to be proven right, is why many assume remainers wish to Brexit to fail.

Sadly he is not an isolated case.

I want Britain to succeed, if brexit is a success I'll happily eat humble pie. The first thing I said here was 'a step in the right direction'.
After that all I've done was put the deal into context. For this I've been called 2 different people's names, bitter, and a doom meister (Although it does beg the question whether I'm the bitter doom meister or is it our government as that's who I've been quoting).

I don't need to be proven right because there is such a brexit bias based on nothing on here that being proved right will never happen. I once quoted the owner of a business saying he didn't make a factory in Britain because of brexit and people on here still said that it wasn't because of brexit. On here, realism instead of blind faith is seen as hating Britain.

Re: UK agrees free trade deal with Japan

Sat Sep 12, 2020 7:59 am

I know quite a few lefties who would love Brexit to fail. I don’t understand it either, other than personal bias trumping all else.

Re: UK agrees free trade deal with Japan

Sat Sep 12, 2020 9:03 am

THis deal has been cut / pasted from the EU / Japan deal apparently. The difference being the things which have been added on.
It's a lot easier for 2 countries to doi a deal rather than 27 countries trying to do 1 one deal with another country. 27 vested interests or just 1 .......

It doesnt take a genius to work out whats easier there.

The EU / pro remainers will leverage the 500 million population as a factor - but it takes forever to get anything done.
Brexiteers will leverage that ONE country dealing with ONE other country makes for a very agile business arrangement - and they are right.

So on the whole - yes it's a good thing - well done. Lets move on to the next one. Let's create a couple of free ports in the UK - Cardiff would be a great place to have one.