all right mars i like talking about politics and in this video i'd like to discuss the options that the eu would have to act collectively in a trade war against the uk possibly as a result of the current issues between the uk and france but i'm thinking more in terms of the wider trade war to come if the uk suspends large sections of the northern ireland protocol something that a lot of people are expecting to happen within the next few weeks but first if you'd like to be notified of daily news and politics please subscribe to the channel and click the bell notification icon so it might at first appear a little odd examining the options that the eu have in a trade war you know but not considering what the uk could do to reciprocate after all a trade war has two opposing sides and shouldn't we consider the arsenal available to each side yes absolutely i i just can't think of what we've got i'm not trying to sound glib i'm not a trade expert myself it's possible that actual experts could think of some things that we have to respond with it's just that i haven't seen any suggestions and i do follow a lot of trade commentators in simple terms a trade war is obviously opposing sides raising trade barriers to their adversary in terms of access into their own market in a tit-for-tat battle until either one side backs down or both sides find a face-saving way to de-escalate when whichever numpty started it sees the error in their strategy but how do we raise trade barriers with the eu higher to retaliate against their measures like we don't carry out checks on eu imports because we're too desperate for them to risk further delays and shortages so that's not an option for us we also can't target services because we stand to lose more than the eu do like take her as an example something that'd be very easy to understand aviation let us imagine that the eu acted collectively to deliver a killer blow to johnson's trade war at the first skirmish they could absolutely go in hard in a way that johnson couldn't survive i'll discuss tariffs uh in a moment but for now let's forget about the most usual weapon of the trade war so the trading cooperation agreement was important because without it the british economy would have all but been stopped in the event of a no deal brexit there was a serious risk for example of british planes not being allowed to fly to eu destinations now if that were to happen and let's say the uk reciprocated can you imagine eu planes can't fly to uk airports uk planes can't fly to eu airports at a stroke all air travel is almost impossible between britain and the eu i do not see how boris johnson's government can even survive a week of that sort of action as a result he would not reciprocate of course he would continue to allow eu planes to travel around the uk in order to maintain some transport links in just the same way that although we're denying freedom of movement to british citizens we are extending freedom of movement
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