FELIXSTOWE, England (Reuters) -
In just one month of post-Brexit trading, British logistics expert Jon Swallow has seen exports dive, prices rise and customers so desperate that he is practically offering a counselling service.
Those companies that trade goods between Britain and the bloc are paying a price, particularly small firms.
Previously Swallow’s firm, which moves up to 10,000 truck loads across Europe a year, would have handled an equal measure of imports and exports
He said many EU drivers were adding 400 pounds ($550) to the cost of driving into Britain so they were covered if they returned without any goods. The industry estimates
“We have calls daily at the moment with people, desperate,” Swallow said. “They need to get their goods moved before the buyer decides to go somewhere else. (But) it’s too much. They just can’t comprehend all that needs to happen.”
Swallow said bigger firms had generally performed better by throwing people and money at the problem.
“The game has changed,” he said, adding that UK Plc had been based on the free flowing movement of goods. “This is a hard Brexit, this is as hard as you can get without no deal" https://t.co/ocMWwlrLJr
More from Michael M. 🇨🇭🇳🇴🇮🇸🇱🇮🇬🇧
Whatever the analyses, I'll never understand the efforts, taxpayers money & substantial pain to come to make the disunited or broken apart UK, face so many more difficulties in trading with its neighbours; even within its own territory & to be so much poorer & less secure
with fewer rights for Brits in their own country & across the EU/EEA.
And that there is not a lot more official opposition/media attention & anger about it
.
Even more so when I read the following from 2010 by the "Taxpayers Alliance"
@bakerstherald Thanks for bringing this to my attention when the MSM - for whatever reason - is so noticably reticent to expose these would be quickly evolving (sounds better/less sinister)
From 2010
"As long as anyone can remember, Britain's old industrial heartlands have been a disaster area. Once they'd lost their traditional industries like steel and shipbuilding, something very bad happened to them - they seemed to lose the will to live. And as we've blogged
many times (eg here), despite decades of political promises and billions of tax-funded support, they have never managed to leave the high dependency unit. For example, when last sighted - in 2007-08 at the height of the biggest economic boom the world has ever seen -
with fewer rights for Brits in their own country & across the EU/EEA.
And that there is not a lot more official opposition/media attention & anger about it
.
Even more so when I read the following from 2010 by the "Taxpayers Alliance"
@bakerstherald Thanks for bringing this to my attention when the MSM - for whatever reason - is so noticably reticent to expose these would be quickly evolving (sounds better/less sinister)
Fight it. Hard. Or you'll find yourself living in a totally deregulated 'zone' where the corruption and cronyism you see in government now will look like a toddlers fucking picnic! This is a brief glimpse of what will come: https://t.co/8ktTmElDmW
— Louise Crossley \U0001f577\U0001f41f3.5% #NotMovingOn (@CandidePeel) December 28, 2020
From 2010
"As long as anyone can remember, Britain's old industrial heartlands have been a disaster area. Once they'd lost their traditional industries like steel and shipbuilding, something very bad happened to them - they seemed to lose the will to live. And as we've blogged
many times (eg here), despite decades of political promises and billions of tax-funded support, they have never managed to leave the high dependency unit. For example, when last sighted - in 2007-08 at the height of the biggest economic boom the world has ever seen -
More from Brexit
Been waiting for 👇 🚨
Important story on what a “tariff-free” deal means in practice and why it’s not enough for two economies as closely integrated.
Tariffs are removed on goods that meet rules of origin. This is a complex and nuanced area of customs.
/1
Important to remember that trade deals (FTAs) weren't designed with such a high degree of economic integration in mind.
So some of the standard RoO provisions will seem incredibly restrictive under the UK-EU deal.
/2
Minimal operations or insufficient processing is a standard part of an FTA. Most, if not all FTAs, include a provision on minimal processing – processing not considered sufficient to confer originating status even if rules of origin have been met.
/3
It is standard procedure not to apply cumulation when goods have only been subject to minimal processing.
To be able to cumulate origin and consider the final product of UK origin, the processing carried out in the UK needs to exceed minimal operations.
/4
The level of integration between the UK and the EU means that this will have significant consequences for a number of industries.
For example, in supply chains where goods are brought into the UK from the EU and reassembled, sorted or repackaged and re-exported to ROI.
/5
Important story on what a “tariff-free” deal means in practice and why it’s not enough for two economies as closely integrated.
Tariffs are removed on goods that meet rules of origin. This is a complex and nuanced area of customs.
/1
\U0001f6a8\U0001f6a8\U0001f6a8\U0001f1ea\U0001f1fa\U0001f1ec\U0001f1e7\U0001f69b\U0001f692\U0001f1ea\U0001f1fa\U0001f1ec\U0001f1e7\U0001f6a8\U0001f6a8\U0001f6a8 serious #brexit story alert - companies now starting to see penny drop on what rules of origin does to supply chains (food for example) but Brussels seems deaf to both EU & U.K. pleading. A bellwether? \U0001f62c Stay with me. 1/
— Peter Foster (@pmdfoster) January 6, 2021
https://t.co/HoDSDxhKaL
Important to remember that trade deals (FTAs) weren't designed with such a high degree of economic integration in mind.
So some of the standard RoO provisions will seem incredibly restrictive under the UK-EU deal.
/2
Minimal operations or insufficient processing is a standard part of an FTA. Most, if not all FTAs, include a provision on minimal processing – processing not considered sufficient to confer originating status even if rules of origin have been met.
/3
It is standard procedure not to apply cumulation when goods have only been subject to minimal processing.
To be able to cumulate origin and consider the final product of UK origin, the processing carried out in the UK needs to exceed minimal operations.
/4
The level of integration between the UK and the EU means that this will have significant consequences for a number of industries.
For example, in supply chains where goods are brought into the UK from the EU and reassembled, sorted or repackaged and re-exported to ROI.
/5