Leaving the Protectionist Union’s 12,651 Barriers to World Trade

The EU’s Common External Tariff comprises 12,651 different taxes and quotas imposed on goods from the rest of the world. This is what the Customs Union amounts to, a protectionist barrier to free trade with the 162 countries outside the EU. Don’t fall for the hype that it reduces trade barriers.

Garlic has a 200% external tariff to protect French farmers, tariffs double the price of sugar cane imported by Tate & Lyle from outside Europe. The policy was designed by the EU to boost beet sugar producers in 19 EU countries – at the expense of companies like Tate & Lyle who use cane sugar instead. Some US jeans face a 26% tariff, shoes face 17% tariffs to protect Italian cobblers. Some agricultural products, e.g. beef and dairy, have very substantial tariff rates, 54 dairy products alone have tariff rates of more than 75%. Just a few examples out of thousands showing how British consumers’ best interests are sacrificed to protect European producers from global competition…

Regional deals tend to divert trade rather than create it. Although they do lower some barriers, most do nothing to tackle the highest tariffs and each deal tends to enshrine the preferences of its largest members, making it harder to bring regional blocks together within a cohesive set of globally liberalised rules. The EU’s Customs Union only liberalises internal trade within the EU. Free trade will allow us to import raw materials from outside the EU at lower cost and without the tariffs designed to prop up inefficient European industries and high cost agriculture. The single market is really an internal market for 10% of the world’s population, the global market is a much bigger opportunity to be seized…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Former public schoolboy Chuka Umunna told the  ‘Exit From Brexit Dinner’…

“Remainians, Remoaners, I don’t care what the label is, I’m proud. It’s fashionable to label everyone in this room as the liberal metropolitan elite . . . This caricature is promoted by a bunch of former public schoolboys!” 

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Dover Traffic at Record Levels Dover Traffic at Record Levels
Khan’s ‘Independent’ Brexit Study Written by Leave-Bashers And Corbynistas Khan’s ‘Independent’ Brexit Study Written by Leave-Bashers And Corbynistas
EU Propaganda Service Chooses Soubry’s Constituency For New Base EU Propaganda Service Chooses Soubry’s Constituency For New Base
#DespiteBrexit Double Whammy #DespiteBrexit Double Whammy
Blair Lies About NHS Brexodus Blair Lies About NHS Brexodus
U-Strip: Meet UKIP Leader’s New Girlfriend U-Strip: Meet UKIP Leader’s New Girlfriend
LISTEN: Blair Doesn’t Rule Out Third Referendum LISTEN: Blair Doesn’t Rule Out Third Referendum
Priti Asks Electoral Commission to Investigate Remain Campaign Priti Asks Electoral Commission to Investigate Remain Campaign
2017: The Year the Experts Were Confounded 2017: The Year the Experts Were Confounded
10 Bonkers Things Adonis Said About Brexit 10 Bonkers Things Adonis Said About Brexit
Barmy Adonis: Farage is PM Barmy Adonis: Farage is PM
Remain Campaigns Coordinated Spending Remain Campaigns Coordinated Spending
Remain Donors Funnelled £1 Million to New Campaigns Set Up in Weeks Before Referendum Remain Donors Funnelled £1 Million to New Campaigns Set Up in Weeks Before Referendum
Remain Groups Shared Data, Suppliers and Campaign Materials Remain Groups Shared Data, Suppliers and Campaign Materials
Remain Campaign Flouted Rules to Spend Double Legal Limit Remain Campaign Flouted Rules to Spend Double Legal Limit
UK Best Country for Business #DespiteBrexit UK Best Country for Business #DespiteBrexit
Report: No Significant Russian Activity in Referendum Report: No Significant Russian Activity in Referendum
LibDems and Open Britain Fined For Referendum Spending Breaches LibDems and Open Britain Fined For Referendum Spending Breaches
UnFacts: Pro-Remain “Fact-Based” Website Keeps Getting It Wrong UnFacts: Pro-Remain “Fact-Based” Website Keeps Getting It Wrong
Remainers Hire Millionaire Former Lobbyist, Economist Journalist and Friend of Bono Remainers Hire Millionaire Former Lobbyist, Economist Journalist and Friend of Bono