Yes, it’s good to have good trading relations with other countries. With a degree of pragmatism – as many as possible. Naturally, there are lines drawn in cases where countries share little of the UK’s values or are dictator run aggressors. Counting the hundreds of sovereign countries there are around the globe, a majority are friendly and mostly interested in mutual wellbeing.
However, post-2016[1] we are still living in strange times in the UK. In the same breath as some people talk of sovereignty and surrender, they say an extremely wealthy man in the US can solve all the UK’s problems. This nonsense defies any kind of logic.
There’s a peculiar celebration of the UK joining the Asia-Pacific Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) bloc. As if we didn’t have a huge trading block on our immediate doorstep. Joining one that offers a tiny gain overtime whilst leaving the other has cost a massive economic hit. The one thousands of miles away is significantly culturally different but the one next door is one where we share a common history.
I learn that there’s no point even thinking that logic has any influence on a Brexit supporter. Non whatsoever. Their view of the world comes from some lost imperial age.
Sadly, Brexit talk is only mumbled in darkened corners. That whopping great elephant in the room continues to get ignored. Even the UK’s new Labour Government is carrying on as if there were the former Conservative bunglers. There’s some woolly talk of reconciliation. There’s a lot of right-wing scaremongering. Practically, not a lot is changing.
In real terms, both UK exports and imports of goods are lower than in 2016, having shrunk by 1% and 2%, respectively[2]. Which is crazy given the new economic horizons. Especially in the switch to the need for more environmentally responsible goods. We should be modernising and strengthening UK design and manufacturing. Not just a bit but putting a rocket under both. Half hearted nice words by minor Ministers don’t cut it.
International trade fantasies will not build a stronger domestic economy and that illusive positive growth that’s often talked about in political speeches. With the coming of highly advanced computing, like artificial intelligence, countries with predominantly service based economies are gong to struggle. Basic service orientated jobs are going to get more automated. Like the traditional factories Henry Ford would have recognised, office complexes are hollowing out.
At least the new Labour Government isn’t pushing wholesale reopening coal mines or returning to a dependency on North Sea oil rigs. That said, I’m unsure what their attitude and policy is to rock fracking and imported gas supplies.
To make real economic progress we (UK) must make Brexit history. With our colleagues in Europe, we can be an innovation powerhouse. Making home grown products for the world markets of the future. Not languishing in a tepid imperial past or tugging at the shirt tails of some mega weird pugilist.
[1] UK referendum result: Of those who voted, 51.89% voted to leave the EU (Leave), and 48.11% voted to remain a member of the EU (Remain).
