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We can't actually have "no deal"...(10 Posts)
I am sick to death of hearing that "no deal" is an option. If we leave without a deal, we then have to negotiate a deal to start trading with the EU, decide what to do about the Irish border etc etc.
We HAVE to have a bloody deal - either now or as soon as we leave.
It's not as though it's a break up where we can decide never to talk to them again...
You should probably educate yourself on this a bit.
If we leave with a no deal then that will mean we have no agreed trading deals with them so no special discounts, no free trade on any products etc. When countries do not have a trade deal between themselves, it doesn't mean they can't trade with one another. It just means they trade under the WTO rules. Those rules have higher tariffs than a negotiated a trade deal would. It means everything from the EU costs us more money. The EU have offered what they are willing to give. If we don't accept then they arent going to suddenly offer better terms once we're out. A trade deal would take years, and for all that time we will be trading under WTO and suffering financially for it.
And also on trade, we currently trade with a lot of countries under trade agreements between those countries and the EU. We don't have individual trade deals with them. When we leave the EU, we can no longer trade with those their party countries under the EU trade agreement with them. So we also need to sort out trade deals with all of them.
And our goods currently go into the EU without checks, because we share the same regulations. After brexit, there are no plans for our governments to change regulation (if our standards don't meet EU standards then we can't send goods so everything will stay the same there) but without the shared agreements on regs in place, the EU is within it's rights to stop, search and perform checks on all goods from the UK. And we could do the same to them.
A no deal is a disaster. It's not the end of the world, but it won't be easy and it won't be simply "we will have a deal as soon as we leave cos we have too".
Apart from anything else, jumping from trade rules as they are now and what should legally happen swapping to 'basic WTO rules' means that from midnight on 31 Oct the price of everything traded through/with the EU will increase by a rough average of 10% on 1 November. Some things may hardly change, but some meats will increase by 40%.
That is just considering 'trade cost' aspects, but there is a total minefield of other regulations that will 'explode' as the integration with the EU is very complicated and will take many years to untangle.
I agree OP and wish politicians would stop referring to 'no deal' and just call it what it is which is crashing out of the EU without any trade deals meaning we trade on WTO terms. There are some members of the public that think no deal means that things will remain as the are. Those perpetuating no deal need to start having some honest conversations with the public about exactly how long it will take to negotiate new trade deals and what this means for businesses and households.
Yes 'clean Brexit' is such a misnomer for 'no deal' - it should be 'the messiest fucking Brexit possible'.
No deal = 30 years of hurt
Now sing to the football tune and replace "football" by "prosperity".
"Crashing out" is my preferred term, too.