Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I'm presuming that a 30% Sterling devaluation would correct that imbalance over time in any case, absent tariff and non-tariff constraints. My suggestion is more about protecting EU businesses from "competitive devaluation" which would render them unviable.

Ireland is the UK's 8th. largest trading partner and the only EU country with which the UK has a large surplus c. £4.2 Billion in 2015 (Goods not services). The UK therefore has a considerable interest in keeping the Irish border open.

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by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Mon Sep 3rd, 2018 at 09:53:58 AM EST
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