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What does Corbyn's speech mean for Students on either end of Brexit? watch

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    Jeremy Corbyn has finally confirmed Labour Party's stance on the whole Brexit scenario by wanting UK to form a Customs Union with Europe. Do you think it's the right kind of Brexit? Will it work? Also, what effect will there be on the prospective and current students from either sides, UK and EU, for going to universities of each side?
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    (Original post by Lejutt)
    Jeremy Corbyn has finally confirmed Labour Party's stance on the whole Brexit scenario by wanting UK to form a Customs Union with Europe. Do you think it's the right kind of Brexit? Will it work? Also, what effect will there be on the prospective and current students from either sides, UK and EU, for going to universities of each side?

    It will have nothing to do with universities, this sudden policy change is a real betrayl of the 4+ million Labour and Leave voters (and 70% of Labour constituencies voted leave). Like Frank Field says it's a “deadly electoral trap”, even Corbyn ditched his principles again of saying customs union would be '“tariff heavy against quite a lot of very poor countries, and in some cases protectionist against developing countries”


    A customs union could mean zero tariffs, but nothing on services if we leave the single market. Yet Barnier already wants to have tariff free trade since the EU has a £70bn trade deficit with us.


    So for no benefit we would be locked into the Eurzone, unable to cut extortionate tariffs on products around the world (like food and clothing) and make trade deals to grow the economy and go global.


    And it will make our regulations aligned so Corbyn's socialist policies can't be implemented, or cut as much red tape.
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    Empty rethoric as usual, it's just political positioning and nothing else. For starters, he would have to become PM and Labour would have to win an election to be in with a chance of pushing for any of it. Secondly, the EU will be equally sceptical at what any of it means and probably just dismissing it as another shout for cherry-picking what we want as if what they think didn't matter. What Labour are doing is throwing sand in people's eyes because they think that may work in their favour and sabotaging Brexit because they have nothing to loose from it anyway. Bringing the Government down is their priority, not Brexit.
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    The only serious alternative on offer to a continued Single Market / Customs Union (the two are pretty much inseparable) is to be tied into NAFTA with the US (if Trump allows Nafta to continue, which is currently doubtful) - and that will mean basically surrendering to all lowest common denominator US policies, such as accepting diseased meat, chlorinated chickens, GMO products, US corporate takeover of the NHS and other similar goodies. All that and we would have no say in US policies and like Canada and Mexico, be at the mercy of often whimsical US corporate and political policies. We would also probably have to allow in US gun companies and abandon gun controls.

    The University of Sussex Trade Observatory have just published a devastating report on the impacts on British industry of withdrawal from the customs union and/or single market. It makes grim reading.
    https://www.bloomberg.com/gadfly/art...tmare-for-many

    As the article in Bloomberg (not exactly a bastion of socialism) puts it, Rees-Mogg's dream is more like a nightmare.
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    (Original post by Fullofsurprises)
    The only serious alternative on offer to a continued Single Market / Customs Union (the two are pretty much inseparable) is to be tied into NAFTA with the US (if Trump allows Nafta to continue, which is currently doubtful) - and that will mean basically surrendering to all lowest common denominator US policies, such as accepting diseased meat, chlorinated chickens, GMO products, US corporate takeover of the NHS and other similar goodies. All that and we would have no say in US policies and like Canada and Mexico, be at the mercy of often whimsical US corporate and political policies. We would also probably have to allow in US gun companies and abandon gun controls.

    The University of Sussex Trade Observatory have just published a devastating report on the impacts on British industry of withdrawal from the customs union and/or single market. It makes grim reading.
    https://www.bloomberg.com/gadfly/art...tmare-for-many

    As the article in Bloomberg (not exactly a bastion of socialism) puts it, Rees-Mogg's dream is more like a nightmare.

    No, we should be an independent country like all normal nations are. Nowhere else in the world do you need political union to trade. As for joining NAFTA:

    - President Trump wants a great FTA negotiated with us ASAP
    -We already have a FTA with Mexico which they want to continue.
    - We can negotiate something far better with Canada, and the rest of the Commonwealth.


    Economists predict the future economy worse than guessing; they were wrong in favour of the EU on the ERM, Euro, shock of a referendum and also the recession. Current investment and logic of future opportunities goes against project fear.
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    (Original post by bob072)
    It will have nothing to do with universities, this sudden policy change is a real betrayl of the 4+ million Labour and Leave voters (and 70% of Labour constituencies voted leave). Like Frank Field says it's a “deadly electoral trap”, even Corbyn ditched his principles again of saying customs union would be '“tariff heavy against quite a lot of very poor countries, and in some cases protectionist against developing countries”


    A customs union could mean zero tariffs, but nothing on services if we leave the single market. Yet Barnier already wants to have tariff free trade since the EU has a £70bn trade deficit with us.


    So for no benefit we would be locked into the Eurzone, unable to cut extortionate tariffs on products around the world (like food and clothing) and make trade deals to grow the economy and go global.


    And it will make our regulations aligned so Corbyn's socialist policies can't be implemented, or cut as much red tape.
    48% of folk voted to remain, and of the leavers a sizeable percentage weren't voting to leave the customs union. So electorally it's a savvy move.

    The EU has a trade surplus with, not a deficit.

    Barnier has never said he wants tariff free trade with us if we are outside the customs union.

    No benefit? We'd be out of the CAP.
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    (Original post by bob072)
    No, we should be an independent country like all normal nations are. Nowhere else in the world do you need political union to trade. As for joining NAFTA:

    - President Trump wants a great FTA negotiated with us ASAP
    -We already have a FTA with Mexico which they want to continue.
    - We can negotiate something far better with Canada, and the rest of the Commonwealth.


    Economists predict the future economy worse than guessing; they were wrong in favour of the EU on the ERM, Euro, shock of a referendum and also the recession. Current investment and logic of future opportunities goes against project fear.
    And you believe Trump's blowhard crap do you? This is the same America that has repeatedly treated us like dirt whenever there was a competition issue where British business was winning, most recently even being willing to ditch the whole Northern Ireland peace process because they didn't like UK state aid to Bombardier, when this was previously agreed with the US government. Only after a huge stink did they back down on that one. When interviewed, US trade officials repeatedly state that the UK would be shown no favours of any kind.

    There is no current deal with Mexico outside the EU. You are referring to proposed talks. The Tories have accumulated lots of offers of proposed trade talks around the world. Sadly, none of them remotely get anywhere near helping meet the plunge in trade we will suffer on leaving the Single Market. That's if they can be engaged quickly. It took the US more than 20 years to complete the NAFTA agreements.
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    (Original post by bob072)
    Nowhere else in the world do you need political union to trade.
    What about the United States?

    China and African nations?
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    (Original post by Quady)
    No benefit? We'd be out of the CAP.
    OMG, it's so ridiculous to hear kippers banging on about the CAP as if we're still stuck in the 70s. The CAP has declined from 70% of EU expenditure in 1980 to 40% now and is planned to continue to decrease.
    https://ec.europa.eu/agriculture/sit.../graph1_en.pdf

    Then we could examine the commitments of the Tories (demanded incidentally by UKIP) that UK farmer subsidies continue after departure, as a direct burden on UK taxpayers only. Therefore the aristocratic landowners currently subsidised from Brussels for doing nothing will henceforth be pampered instead by UK taxpayers only. What a victory for the Leave campaign!
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    (Original post by Quady)
    What about the United States?

    China and African nations?
    What about them? Do you seriously imagine that somehow they will start sucking in UK exports to the same massive level the EU currently does?

    Do you also imagine that you have a friendly companion elephant living in your bathtub?
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    (Original post by Quady)
    48% of folk voted to remain, and of the leavers a sizeable percentage weren't voting to leave the customs union. So electorally it's a savvy move.

    The EU has a trade surplus with, not a deficit.

    Barnier has never said he wants tariff free trade with us if we are outside the customs union.

    No benefit? We'd be out of the CAP.

    Sorry, I meant surplus.

    It's probably true some leavers only cared about immigration or another reason which we could take control of while in a customs union. However a lot of remainers have now converted or respect democracy and a proper brexit would mean leaving any EU customs union.


    A big advantage of Leave was to free ourselves from excessive regulations and to control our trading arrangements with the world. It's illogical to stay in when we would lose all that, have no benefit on services and could have the same outcome with a tariff free deal (which the EU appear willing to offer)



    (Original post by Quady)
    What about the United States?

    China and African nations?

    What about them? They aren't nation states in political union to obtain free trade.
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    (Original post by Fullofsurprises)
    And you believe Trump's blowhard crap do you? This is the same America that has repeatedly treated us like dirt whenever there was a competition issue where British business was winning, most recently even being willing to ditch the whole Northern Ireland peace process because they didn't like UK state aid to Bombardier, when this was previously agreed with the US government. Only after a huge stink did they back down on that one. When interviewed, US trade officials repeatedly state that the UK would be shown no favours of any kind.

    I'm sorry, if you're just going to reel off the typical retterick of distorted remainiac propaganda without thinking for yourself there's no point continuing further.


    - Tariffs on individual items (which by the way has been removed now) are very common. Yes, I believe Trump more than most modern western politician, because he's a businessman who gets things done and does what he says.

    -He had growth up to 3.1 and 3.2%, and brought back industry from unfair globalist deals (killed off TPP and halted TTIP), he scrapped legislation en-mass and cut taxes like he promised. Obama couldn't even close Guantanemo Bay in 8 years. So if he keeps saying he wants a UK-US FTA I believe it.


    There is no current deal with Mexico outside the EU. You are referring to proposed talks. The Tories have accumulated lots of offers of proposed trade talks around the world. Sadly, none of them remotely get anywhere near helping meet the plunge in trade we will suffer on leaving the Single Market. That's if they can be engaged quickly. It took the US more than 20 years to complete the NAFTA agreements.

    If the Department for International Trade can be competent and assemble a team of negotiators, and start negotiating from April 2019, within 2 years we could easily have good deals with countries of cummulative population far exceeding the EU. Long term I believe we will do better than allowing the protectionist snail-paced EU to decide trading terms with the other 90% of the world.
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    (Original post by Fullofsurprises)
    OMG, it's so ridiculous to hear kippers banging on about the CAP as if we're still stuck in the 70s. The CAP has declined from 70% of EU expenditure in 1980 to 40% now and is planned to continue to decrease.
    https://ec.europa.eu/agriculture/sit.../graph1_en.pdf

    Then we could examine the commitments of the Tories (demanded incidentally by UKIP) that UK farmer subsidies continue after departure, as a direct burden on UK taxpayers only. Therefore the aristocratic landowners currently subsidised from Brussels for doing nothing will henceforth be pampered instead by UK taxpayers only. What a victory for the Leave campaign!
    40%??? :O

    Corbyn won't let that happen when the next great victory happens though.
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    (Original post by Lejutt)
    Jeremy Corbyn has finally confirmed Labour Party's stance on the whole Brexit scenario by wanting UK to form a Customs Union with Europe. Do you think it's the right kind of Brexit? Will it work? Also, what effect will there be on the prospective and current students from either sides, UK and EU, for going to universities of each side?
    Ultimately to have Brexit we must leave the single market but only for a Tory Brexit do we need leave the customs union.

    Although there are negatives for Corbyn (being in the customs union means being subject to state aid rules for example which make bits of his economic plans potentially illegal) the positives are there for him in that since he is not bothered about trade deals and the like (he probably wants protectionism) then agreeing to be in a customs union means that he may get more of a pick and mix approach from the EU in terms of the single market and being closer (the closer we are, the less short term economic effect Brexit has).

    I personally do not view it as the right kind of Brexit namely because i want free trade and full sovereignty.

    There is little to no effect for students with regards to customs union membership.
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    (Original post by Rakas21)
    Ultimately to have Brexit we must leave the single market but only for a Tory Brexit do we need leave the customs union.

    Although there are negatives for Corbyn (being in the customs union means being subject to state aid rules for example which make bits of his economic plans potentially illegal) the positives are there for him in that since he is not bothered about trade deals and the like (he probably wants protectionism) then agreeing to be in a customs union means that he may get more of a pick and mix approach from the EU in terms of the single market and being closer (the closer we are, the less short term economic effect Brexit has).

    I personally do not view it as the right kind of Brexit namely because i want free trade and full sovereignty.

    There is little to no effect for students with regards to customs union membership.

    Surely a Labour government would rather have control over trade terms with the world above leaving it to what the unelected EU decides to pursue.
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    (Original post by bob072)
    Surely a Labour government would rather have control over trade terms with the world above leaving it to what the unelected EU decides to pursue.
    Of course not. Why do you think they want workers rights enshrined in EU law still post-Brexit. They don't trust that a future government won't just go and rip them up or in this case peruse free trade.
 
 
 

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