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Free trade deals

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By (user no longer on site) OP   
over a year ago

Just read an interesting article in "Autocar" regarding the end of car production in Australia this month. Apparently it's down to Australia having zero tariffs on cars important. It's lead to the market being flooded with imports resulting in factories being not viable anymore. The biggest "exploiter" was THIALAND of all countries. We have been suggesting similar practices here in the UK - learn from others mistakes.

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By *ercuryMan
over a year ago

Grantham

That was one of the reasons. Everything was stacked against car production in Australia...economy of scale, high pay rates, strength of the Australian dollar and tariffs.

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By (user no longer on site)
over a year ago


"That was one of the reasons. Everything was stacked against car production in Australia...economy of scale, high pay rates, strength of the Australian dollar and tariffs.

"

Are we not in the same situation ?

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By *ercuryMan
over a year ago

Grantham

Pay rates in Thailand are a quarter of your average car worker in Australia.

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By (user no longer on site)
over a year ago


"Pay rates in Thailand are a quarter of your average car worker in Australia."

Ok so these are the problems we are going to come across once we leave the EU and get our free trade deals....i thought you were all for these types of deals ?

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By *igsteve43Man
over a year ago

derby


"Pay rates in Thailand are a quarter of your average car worker in Australia.

Ok so these are the problems we are going to come across once we leave the EU and get our free trade deals....i thought you were all for these types of deals ?"

I for one think free trade deals do nothing but harm the uk , just look how many of our manufacturing plants have moved to eastern europe to exploit lower wages and zero import duties,

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By *andS66Couple
over a year ago

Derby


"Pay rates in Thailand are a quarter of your average car worker in Australia.

Ok so these are the problems we are going to come across once we leave the EU and get our free trade deals....i thought you were all for these types of deals ?

I for one think free trade deals do nothing but harm the uk , just look how many of our manufacturing plants have moved to eastern europe to exploit lower wages and zero import duties, "

So we should forget about free trade deals with the EU?

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By *ercuryMan
over a year ago

Grantham


"Pay rates in Thailand are a quarter of your average car worker in Australia.

Ok so these are the problems we are going to come across once we leave the EU and get our free trade deals....i thought you were all for these types of deals ?"

How many cars are imported into this country from outside the EU?

How many are exported from the UK?

The Australian car workers were warned years ago, that they had to get more competitive. The Unions decided instead to embark on a policy of confrontation.

In the end, the bottom line just didn't stack up.

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By (user no longer on site)
over a year ago


"Pay rates in Thailand are a quarter of your average car worker in Australia.

Ok so these are the problems we are going to come across once we leave the EU and get our free trade deals....i thought you were all for these types of deals ?

I for one think free trade deals do nothing but harm the uk , just look how many of our manufacturing plants have moved to eastern europe to exploit lower wages and zero import duties,

So we should forget about free trade deals with the EU?"

Why would we...they have been working perfectly well for the last 40 years or so now....and im sure you have lauded the employment figures of this country in the past

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By (user no longer on site)
over a year ago


"Pay rates in Thailand are a quarter of your average car worker in Australia.

Ok so these are the problems we are going to come across once we leave the EU and get our free trade deals....i thought you were all for these types of deals ?

How many cars are imported into this country from outside the EU?

How many are exported from the UK?

The Australian car workers were warned years ago, that they had to get more competitive. The Unions decided instead to embark on a policy of confrontation.

In the end, the bottom line just didn't stack up."

Well i know one that imports cars into the country near me....its a Korean company quite well known...they import about 500.000

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By *ercuryMan
over a year ago

Grantham


"Pay rates in Thailand are a quarter of your average car worker in Australia.

Ok so these are the problems we are going to come across once we leave the EU and get our free trade deals....i thought you were all for these types of deals ?

How many cars are imported into this country from outside the EU?

How many are exported from the UK?

The Australian car workers were warned years ago, that they had to get more competitive. The Unions decided instead to embark on a policy of confrontation.

In the end, the bottom line just didn't stack up.

Well i know one that imports cars into the country near me....its a Korean company quite well known...they import about 500.000 "

I have one of their cars!

Last year, Australian car manufacturers made just 87000 cars.

In contrast, the UK made 1.7 million, and 80% of those were exported.

It's our potential to export that largely safeguards our car industry but I do agree that the deal with Thailand was a disaster.

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By (user no longer on site)
over a year ago


"Pay rates in Thailand are a quarter of your average car worker in Australia.

Ok so these are the problems we are going to come across once we leave the EU and get our free trade deals....i thought you were all for these types of deals ?

How many cars are imported into this country from outside the EU?

How many are exported from the UK?

The Australian car workers were warned years ago, that they had to get more competitive. The Unions decided instead to embark on a policy of confrontation.

In the end, the bottom line just didn't stack up.

Well i know one that imports cars into the country near me....its a Korean company quite well known...they import about 500.000

I have one of their cars!

Last year, Australian car manufacturers made just 87000 cars.

In contrast, the UK made 1.7 million, and 80% of those were exported.

It's our potential to export that largely safeguards our car industry but I do agree that the deal with Thailand was a disaster.

"

They were exported under a free trade deal...you have just seen what the USA have done...in your opinion do you think this will carry on

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By (user no longer on site)
over a year ago

Do we have free trade deals with the rest of the EU ? I think not as we have to pay up front for memebership to trade

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By (user no longer on site)
over a year ago


"Do we have free trade deals with the rest of the EU ? I think not as we have to pay up front for memebership to trade "

You'd think wrong, then.

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By *xplicitlyricsMan
over a year ago

south dublin


"Do we have free trade deals with the rest of the EU ? I think not as we have to pay up front for memebership to trade "

EU membership has a host of benefits not just free trade thats worth investing in as the UK is finding out. Free trade refers to a businesses cost.

And even if the EU money was just for free trade it would still be more than worth it for the British economy.

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By *ercuryMan
over a year ago

Grantham


"Pay rates in Thailand are a quarter of your average car worker in Australia.

Ok so these are the problems we are going to come across once we leave the EU and get our free trade deals....i thought you were all for these types of deals ?

How many cars are imported into this country from outside the EU?

How many are exported from the UK?

The Australian car workers were warned years ago, that they had to get more competitive. The Unions decided instead to embark on a policy of confrontation.

In the end, the bottom line just didn't stack up.

Well i know one that imports cars into the country near me....its a Korean company quite well known...they import about 500.000

I have one of their cars!

Last year, Australian car manufacturers made just 87000 cars.

In contrast, the UK made 1.7 million, and 80% of those were exported.

It's our potential to export that largely safeguards our car industry but I do agree that the deal with Thailand was a disaster.

They were exported under a free trade deal...you have just seen what the USA have done...in your opinion do you think this will carry on "

The US is trying to get jobs protectionism in place. Trump promised jobs, and being a businessman, he sees this as a way of getting them. It's upto our Politicians to be on their guard against obvious and not so obvious shenanigans.

Their are three threats to the UK car industry. One is over capacity, a topic I discussed a few months ago. Another is business confidence around the next couple of years. The third is the introduction of electric cars.

All three can be taken in isolation but all need serious consideration.

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By (user no longer on site)
over a year ago


"Just read an interesting article in "Autocar" regarding the end of car production in Australia this month. Apparently it's down to Australia having zero tariffs on cars important. It's lead to the market being flooded with imports resulting in factories being not viable anymore. The biggest "exploiter" was THIALAND of all countries. We have been suggesting similar practices here in the UK - learn from others mistakes. "

I've been trying to make this point quite a lot recently.

Generally if you import a lot because it is predominantly cheaper than producing a product yourself, or processing imported parts into a product, then you eventually get to a point where trade imports put your nation's producers and processors out of business.

So when the Tory minister yesterday said yesterday that "British farmers will produce more food after brexit" he is right, the difference is it will the already large producers who buy up more land and farm more industrially, in order to compete i a world of falling prices due to cheap imports.

Those who survive the crash will likely then go organic or whatever is trendy so their products can compete in a niche market and command higher prices.

As a result of the lack of local competition, cheap food imports then have the potential to rise again.

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By *ercuryMan
over a year ago

Grantham


"Just read an interesting article in "Autocar" regarding the end of car production in Australia this month. Apparently it's down to Australia having zero tariffs on cars important. It's lead to the market being flooded with imports resulting in factories being not viable anymore. The biggest "exploiter" was THIALAND of all countries. We have been suggesting similar practices here in the UK - learn from others mistakes.

I've been trying to make this point quite a lot recently.

Generally if you import a lot because it is predominantly cheaper than producing a product yourself, or processing imported parts into a product, then you eventually get to a point where trade imports put your nation's producers and processors out of business.

So when the Tory minister yesterday said yesterday that "British farmers will produce more food after brexit" he is right, the difference is it will the already large producers who buy up more land and farm more industrially, in order to compete i a world of falling prices due to cheap imports.

Those who survive the crash will likely then go organic or whatever is trendy so their products can compete in a niche market and command higher prices.

As a result of the lack of local competition, cheap food imports then have the potential to rise again."

Farming is now going down the Automation route big time now. Once the initial investment costs have been taken out, farmers will be able to farm more competitively. However, a consequence will be thousands of job losses and resultant tax uptake.

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By (user no longer on site) OP   
over a year ago


"Just read an interesting article in "Autocar" regarding the end of car production in Australia this month. Apparently it's down to Australia having zero tariffs on cars important. It's lead to the market being flooded with imports resulting in factories being not viable anymore. The biggest "exploiter" was THIALAND of all countries. We have been suggesting similar practices here in the UK - learn from others mistakes.

I've been trying to make this point quite a lot recently.

Generally if you import a lot because it is predominantly cheaper than producing a product yourself, or processing imported parts into a product, then you eventually get to a point where trade imports put your nation's producers and processors out of business.

So when the Tory minister yesterday said yesterday that "British farmers will produce more food after brexit" he is right, the difference is it will the already large producers who buy up more land and farm more industrially, in order to compete i a world of falling prices due to cheap imports.

Those who survive the crash will likely then go organic or whatever is trendy so their products can compete in a niche market and command higher prices.

As a result of the lack of local competition, cheap food imports then have the potential to rise again.

Farming is now going down the Automation route big time now. Once the initial investment costs have been taken out, farmers will be able to farm more competitively. However, a consequence will be thousands of job losses and resultant tax uptake."

But we will increase production which in turn will reduce prices so ultimately we will all be better off - allegedly.

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By (user no longer on site)
over a year ago

In a few years automation and 3d printing will make manufacturing jobs very rare.

Governments around the world are all I can the same situation which means they have to switch from taxing labour to taxing something else.

This is why carbon taxes were invented.

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By (user no longer on site)
over a year ago


"In a few years automation and 3d printing will make manufacturing jobs very rare.

Governments around the world are all I can the same situation which means they have to switch from taxing labour to taxing something else.

This is why carbon taxes were invented. "

Automation may lead to an age of abundance in a post work age.

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By (user no longer on site)
over a year ago


"In a few years automation and 3d printing will make manufacturing jobs very rare.

Governments around the world are all I can the same situation which means they have to switch from taxing labour to taxing something else.

This is why carbon taxes were invented. "

That's not even close to being true.

The latter part, I mean.

Automation is coming for everyone's job is actually true.

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