“ New Zealand trade deal could boost UK economy by between 0.01% and minus 0.01%” π¬π§π³πΏπ€―π€¦
This is so lame. UK - New Zealand trade deal. It is barely a gain for the UK economy. It just shows the government full of Conservatives and Brexiteers are so desperate to get a post Brexit trade deals with any country without reading provisions that is included in FTA.
It is a benefit for New Zealand. Like UK - Australia trade deal, it is a bad deal for UK farmers and that they’ll be undercut by imports from New Zealand that may not be good.
Boris Johnson goes boasting about UK - NZ trade deal which is no benefit for the UK economy.
It is a not gain for the British economy. It is a gain for the economy of New Zealand.
No wonder the UK under the government of the Tories and leavers really want to move away from the European Union economically (since it is indeed the UK’s largest trading partner) by diverging European standards & to opt in for lower standards. That explains why “Global Britain” wants to do trade deals with the countries that are very far away & not close neighbours in Europe. UK Joining CPTPP is very a clear & ludicrous example of why post Brexit trade deals will continue to benefit every single country with the likes of China & the United States but not the United Kingdom.
So yeah. UK - NZ trade deal is ludicrously rubbish. Another shambolic post Brexit trade deal.
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