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Making and growing things at home

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The Guardian decided to complain when I wrote on this website that were the EU to take the surprising course of seeking to damage their own trade with us, we would have plenty of options to make and grow things here for ourselves, or to import from elsewhere in the world with lower or no tariffs.

I was surprised that the Guardian seemed unaware that the Uk does already make 1.7m cars a year in this country. They seemed to muddle up cars made in UK factories with cars made by UK owned car makers. What matters – and what I was clearly talking about – was cars made in UK factories. If the factory is here so are the jobs, the sales, the profits and the investments. The Guardian should not be so dismissive of the great work done by Nissan, Toyota, Land Rover and Jaguar, to name but four who make significant numbers of vehicles here in the UK.

Even better news is out of the EU the UK will be free to slash tariffs on agricultural exports from emerging market economies if the EU imposes tariffs on our food imports from them by virtue of charging tariffs on our exports. The UK could remove tariffs on products we do not produce at home, gaining  other trading advantages for us with the emerging countries. We could simply remove the tariffs on food we have to buy abroad because it is not available at home just so we can buy more cheaply. We would obviously wish to help our own farmers to grow as much as possible for ourselves.

I have never understood why the EU wants to impose such high tariffs on foods from developing countries, and then pays them aid money as inadequate compensation. It would be better for them if we imported more of their goods.


Source: http://johnredwoodsdiary.com/2017/04/27/making-and-growing-things-at-home/


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