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Very Hot Topic (More than 25 Replies) Britain Wants to Join NAFTA? (Read 450 times)
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Britain Wants to Join NAFTA?
Oct 11th, 2017 at 2:23pm
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Might be too late...

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Britain Reportedly Considering Joining NAFTA Right as Trump Hopes to Burn It Down

As the future of the North American Free Trade Agreement hangs in the balance, British ministers have decided now would be a great time to consider the possibility of joining the embattled pact, according to a report in the U.K. newspaper the Daily Telegraph. That’s an indication of how desperate the British government may be as it spirals ever closer to Brexit without any free trade deals lined up to replace what it would lose with Europe.

Renegotiation talks among NAFTA members are set to restart this week, but President Donald Trump recently threw cold water on hopes for a happy resolution...

Joining NAFTA is one of the British government’s “no deal” scenarios, according to the Telegraph, meaning a sort of contingency plan in case Brussels refuses to meet British demands and the United Kingdom must leave the economic union without any kind of trade agreement...

If NAFTA survives, Britain may find Republican support for joining the pact. Republican House Speaker Paul Ryan has said he would support a trade agreement with a post-Brexit Britain, and Trump, who has previously expressed approval for the Brexit vote, has a reasonably good rapport with British Prime Minister Theresa May.

But that’s a big if. As it is, the Trump administration has made several demands that Mexico and Canada cannot abide, including a “sunset clause” that would require a renegotiation of NAFTA every five years, requirements for U.S. content in the automobile sector, and getting rid of the Chapter 19 dispute resolution mechanism.

Mexican economists have criticized Trump’s attitude toward trade and economy as looking to the past rather than the future, emphasizing traditional industries rather than modernizing the agreement to include e-commerce and big data...

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Re: Britain Wants to Join NAFTA?
Reply #1 - Oct 11th, 2017 at 2:42pm
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Yeah, desperation is the odour of the Government just now.

Leaving a free trade area with rules, because somehow 37.5% of our population feel it is an affront to sovereignty.

But it's OK to join another one.

We have no political leadership at all.
  

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Re: Britain Wants to Join NAFTA?
Reply #2 - Oct 11th, 2017 at 9:25pm
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eh, seems they don't mind the joining part but the staying part seems a bit iffy lately  Roll Eyes
  
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Re: Britain Wants to Join NAFTA?
Reply #3 - Oct 11th, 2017 at 9:40pm
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USyeah wrote on Oct 11th, 2017 at 9:25pm:
eh, seems they don't mind the joining part but the staying part seems a bit iffy lately  Roll Eyes



Well, with a huge 37.5% of the population demanding change, what are you going to do?
  

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Re: Britain Wants to Join NAFTA?
Reply #4 - Oct 11th, 2017 at 10:22pm
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Limey wrote on Oct 11th, 2017 at 9:40pm:
Well, with a huge 37.5% of the population demanding change, what are you going to do?



37.5% is huge?   Grin Grin Grin Grin
  

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Re: Britain Wants to Join NAFTA?
Reply #5 - Oct 11th, 2017 at 10:41pm
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- cant UK make a direct trade pact with the US?
  

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Re: Britain Wants to Join NAFTA?
Reply #6 - Oct 12th, 2017 at 1:21am
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Limey wrote on Oct 11th, 2017 at 2:42pm:
Yeah, desperation is the odour of the Government just now.

Leaving a free trade area with rules, because somehow 37.5% of our population feel it is an affront to sovereignty.

But it's OK to join another one.

We have no political leadership at all.


Under NAFTA, at least you get to keep brown people out. The political turmoil and death of one of your most profitable industries are a small price to pay for keeping the brown people out.

  
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Re: Britain Wants to Join NAFTA?
Reply #7 - Oct 12th, 2017 at 3:07am
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walkstall wrote on Oct 11th, 2017 at 10:22pm:
37.5% is huge?   Grin Grin Grin Grin


[/bitter ironic accusatory mode at failed political establishment ]


  

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Re: Britain Wants to Join NAFTA?
Reply #8 - Oct 12th, 2017 at 3:10am
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Possibly Logical wrote on Oct 12th, 2017 at 1:21am:
Under NAFTA, at least you get to keep brown people out. The political turmoil and death of one of your most profitable industries are a small price to pay for keeping the brown people out.



With the EU we did that.

Our brown people come from the Commonwealth,  and at the moment neither EU membership nor proposed NAFTA membership would have any bearing on their access to the UK.
  

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Re: Britain Wants to Join NAFTA?
Reply #9 - Oct 12th, 2017 at 3:15am
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Limey wrote on Oct 12th, 2017 at 3:10am:
With the EU we did that.

Our brown people come from the Commonwealth,  and at the moment neither EU membership nor proposed NAFTA membership would have any bearing on their access to the UK.


Do the 37% know that?
  
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