If only we had some method of working out what the effect of something might be. You know, something like that mythical science stuff that other societies sometimes use. Then we’d have people able to analyse what would happen if we tweak some aspect of our world. Why, we could even call them scientists.
Instead of whatever drivel it is which produces this:[perfectpullquote align=”full” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]Any type of Brexit deal threatens to result in thousands of extra deaths from heart attacks and strokes because the prices of fruit and vegetables are set to rise, according to researchers. Fruit and veg is vital for good health but consuming too little is a “major risk factor” for cardiovascular disease. Researchers are warning higher prices on imports post-Brexit could leave customers unable to afford fresh produce and risk their health, as Parliament wrangles over the withdrawal agreement. The study, from Imperial College London and the University of Liverpool, said a no-deal Brexit would have the biggest impact on the public, resulting in more than 12,000 extra deaths between 2021 and 2030.[/perfectpullquote]
Let us take just one thing mentioned in the paper:[perfectpullquote align=”full” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]Under all Brexit scenarios, prices of F&V are likely to increase on average between 1.8% and 7.8%. The banana, citrus fruit, and tomato markets are likely to be the most disrupted, with price increases up to approximately 16.7%, 14.3%, and 13.4% respectively. A transitional Brexit is likely to result in approximately 670 (95% Uncertainty Interval: 430–980) extra CHD deaths and 6370 (4,360–8,990) life-years lost. A liberalised regime which eliminates all import tariffs is likely to contribute approximately 940 (600–1,370) additional CHD deaths and 8870 (6,060–12,540) life-years lost, due to non-tariff trade barriers between the UK and the EU. A no-deal Brexit scenario might be the most harmful, generating approximately 2900 (1,820–4,310) extra CHD deaths and 27 440 (18,200–39,630) life-years lost between 2020–2030.[/perfectpullquote]
Bananas, right? The EU’s banana regime being:[perfectpullquote align=”full” bordertop=”false” cite=”” link=”” color=”” class=”” size=””] In addition, the EU has concluded specific agreements with various Latin American countries, the USA and African, Caribbean and Pacific (ACP) countries: The 2009 Geneva agreement on trade in bananas is an agreement between the EU and certain Latin American countries, granting then “most favoured nation” status. It also covers the United States. Under the terms of this agreement, the EU is committed to gradually cutting import tariffs on bananas from these countries from €176/t to €114 /t, by 2019 at the latest. [/perfectpullquote]
[perfectpullquote align=”full” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]Free trade agreements including a stabilisation mechanism
Since 2009, most of the major banana producers in Latin American have also signed free trade agreements with the EU: Costa Rica, El Salvador, Honduras, Guatemala, Nicaragua and Panama, Peru, Colombia and Ecuador. These agreements provide for a gradual reduction of the import duty for bananas from these countries down to € 75/t as of 1 January 2020. They also include a so-called ‘stabilisation mechanism’ that allows the EU, if it chooses to do so, to temporarily suspend the preferential tariffs when imports exceed pre-defined trigger levels and cause a serious disturbance on the EU banana market. These stabilisation mechanisms apply until the end of 2019, when the import duty will be set permanently at €75/t.[/perfectpullquote]
Is that a high tariff? Well, could be, could be:
Roughly speaking, doing the currency rates in heads and all that, those import tariffs are 20% or, if you’re a specially favoured source, 10%. So, the UK leaves the EU. We no longer have to charge EU tariffs. We have absolutely no domestic production at all – Kew might gain a bunch a year in one of the greenhouses – and thus won’t be imposing tariffs to protect any producers.
10 to 20% off is going to lead to an increase in price is it? Note that they say the effect will be greater if we don’t charge import duties.
This is drivel, isn’t it? Ho hum, guess we just have to hope they’ll invent science soon.