if Mr Corbyn leads Labour to a customs union solution, then I will vote for him in the next GE.
But the Tories and Labour have told us that we will be able to 'have our cake and eat it'.....we will have all the free movement offered by the customs union and Liam Fox will be able to negotiate free trade deals with the rest of the world....
Lets look at that in practice....consider bicycles....
We and the rest of the EU currently have an anti-dumping duty tariff with chinese bicycle manufacturers,combined with normal tariffs this duty adds up to 60%.
If Liam Fox achieves a free trade deal with China and Davis achieves a free trade deal with the EU,then we will be able to buy chinese bikes into the UK and legally sell those into Europe without any tariff. Meanwhile the remaining EU members continue to pay 60% tariff.
We would destroy the German bike industry.
The Germans are not stupid they wont let this happen,it is particularly critical between Northern Ireland and Eire,you could just ride the cheap NI bike across the border.
If we do a free trade deal with China,which could hurt our own inefficient manufacturers I think the EU will do the following.
At the moment think of an invisible red line drawn round all 28 states incuding the UK....I think the EU will move that line to a median down the middle of the English Channel....everything that crosses that line will be as if it came direct from China.
That will hurt badly all UK manufacturers who will suffer a double whammy,hit by cheap product from China and hurt by tariffs making the product noncompetitive in the EU.
THose who say that will hurt the Germans is only partly true,we will still buy VW,Audi,BMW and Merc,even if they cost 10% more,because we love German cars.
Try asking Liam Fox and I bet he doesnt even know what anti dumping duties are,my local MP (now kicked out by Labour) didnt understand them.
KudosDave