For those of you mentioning that South Korea and Canada are just normal countries in the WTO with no deal; that's what I thought at first. However, if you look at the Future relationship chart, it has the WTO symbol under a separate section labeled no deal. Why put South Korea and Canada in a separate column with a green check mark below if they're just like any other country with no deal?
No, there are FTA's with both, but S.C. & CAN are far away and the trading volume is low. UK asked for a "Canada Plus Plus" deal but EU denied it because UK is on our doorstep. For free access to the single market you have to align to the regulations under EU Court jurisdiction to prevent dumping and keep trade fair.
@@michaelasseburg8184 To further that point if the UK wants a trade deal with the US they will have to lower their standards on products meaning they can no longer have a FTA with the EU since that would then hurt the Single market.
FYI South Koria and Canada are on the last slide because they have trade deals with the EU. Those took round about 10 years to negotiate and more years to implement. Can't be done in one year, and you cant just copy/paste the Canada deal because it has 400 pages of dealing mutual recognition of protected goods/regional brands in it. Each and every one has to be talked about. We are talking about 10th of thausend of trade goods here.
Negotiations with Canada ended 2014 but it was not until 2017 that both countries had ratified it and it was partly put into effect, that's a three year period when the terms are already done.
Sinced Grey published that video, the absurdity only got more...well, absurd.After a good long while they finally pulled the trigger on Article 50, inititating a two year countdown to settle matters. Those two years came and went with jack progress made.So, the time hat to be extended.It was.More Limbo.The UK used the extension wisely, doing precisely nothing in the meantime.It was extended further and further again. So much so, that some EU Nations got sick of it and refused to extend further, leading to a deadline on a sort-of barebones agreement, coming into effect the end of this year (or earlier, should the UK so wish). This doesnt even mention the ridiculous internal politics during the process.Including Boris Johnson kicking Parliament out of session for a while.Just a clusterfudge all around.
The problem with northern ireland and a border is, that just saying, that there is a border now, like you suggested, will not work. For one stuff like wares must be held to standards and with no physical border this cannot happen. Also when the UK leaves, the relationship between it and the EU will be under the terms of the WTO, which means, that just not having a border is illegal, since this is not how this works between other countries and the EU and the UK.
Like he said The UK actually might lose Scotland over this, the party running on independence has most of the Scottish seats now (Scotland wanted to stay in the EU). The EU has even said it would let Scotland rejoin right away if independent, normally it would take a decade or two to join again etc.
@@Nathurow I dont know if you mean the brexit referendum or the scottish independence referendum, but there is no such thing as a once in a life time referendum. The only thing needed for a new referendum would be for the political parties to agree to it. Iam not from the UK, but the scottish government seems to lobby for a new referendum. For one there is the argument, that the UK/England lobbied at the last referendum with threats in the form of: If Scottland leaves the UK it will not be a part of the EU anymore. After voting to leave the EU itself this seems to be kind of a shitty argument in hindsight. Also the scottish referendum was quite close (55% against leaving the UK). But that doesnt really matter as far as i can tell, because for a new independence referendum the uk parliament (the one in london) needs to allow it and that is not something, the scottish parliament can decide by itself. The brexit referendum is like in the video said not binding by law and so there is no need to follow it. For another referendum though it seems to be too late. I think it had merit, when the idea was given around last year, when boris johnson became prime minister to hold another referendum, since it took years up till then and nothing had reall happened. Theresa May negotiated with the EU for a provisional deal after leaving the EU (until later there could be a permanent deal negotiated) and this deal was not accepted by the UK parliament (mutiple times if i remember correctly). But now things are a bit different, i do not know if iam completely right, but in january this year the UK already left the EU and is now in a 1 year transition period in which they can negotiate about how their relationship is after this period. The transition period can be prolonged, but boris johnson already said, that he will not do that and the negotiations dont seem to be able to be finished until they need to be finished. Looked it up and the transition period ends with this year, so if there is no deal until then, then there is a no deal brexit at the 01.01.2021 (or maximum brexit like it was called in the outdated video by cgp grey)
Yeah I agree Brexit is a really interesting topic, but how it happened makes me aggressive. David Cameron never wanted Brexit to happen. He and other Conservative politicans wanted to blackmail the EU to give them what they want else the UK would hold the Brexit referendum. The Conservative Party won the election because they promised such a referendum. Just like CGP Grey said the Conservatives secretly hoped the citizens would decide against Brexit, and they were wrong. Then Cameron retreated like a coward. I wouldn‘t have a problem if these politicans stood behind the citizens and even after this failure Cameron should at least have tried to do the Brexit challenge. In the end he used Brexit only to increase his popularity and when the referendum didn‘t go as he wished he step back.
Brexit, Revisited, 2021 edition: What happened: - Withdrawal agreement (citizen's rights, settlement bill and Northern Ireland) was signed by both parties and is in effect - The Northern Ireland part is in the WA and is called the Northern Ireland Protocol (NIP). - This protocol basically lays down the border in the Irish sea. - There was a transition period in 2020 that expired on Jan 1 of 2021 Happing now: - Massive shortages of fuel, empty shelves in UK supermarkets, massively increasing energy prices (much more than in the rest of the world). UK keeps saying it's due to global circumstances (such as the pandemic), but no other (European) country has these problems to this extent. Even Northern Ireland is pretty much insulated from these consequences thanks to more or less being part of the EU single market - The EU has implemented full checks on Jan 1. The UK has delayed them, and still keeps delaying them, because they are just unequipped to handle all the work that it involves, and because they're increasingly reliant on food and other goods from the EU. See next points. - The UK "voted to keep immigrants out", which succeeded, but now they have massive people shortages that have lead to the empty shelves and empty fuel stations. They have kicked out the EU truck drivers and now there are no people to supply gas stations, distribution centres and supermarkets and such. Leading to the shortages mentioned above. - There's also a massive shortage of butchers, meaning they're killing off perfectly healthy animals and then importing them from the EU. - Farmers are planting fewer crops, simply because they don't have the people to harvest them next season. Also exporting food has become much harder and more costly. - Fishers have won their battle in keeping EU fishers out of their water but now they have a very hard time selling the fish to the EU, so they're going bankrupt. Many regret their vote. - English people residing in Spain now found out freedom of movement actually works both ways, so they are now only allowed to reside in Spain for 90 out of every 180 days. Many have had to sell everything and move back to England Going to happen, maybe: - The UK now keeps threatening to kill the NIP and it has come to light they never actually intended to adhere to this legally binding treaty. Maybe because this arrangement is showing the public how Northern Ireland isn't facing the problems that Great Britain is (meaning: Brexit has made everything worse). Or simply because the UK wants their Frenemy back to blame their own failures on. Who knows?
Welp, that's Democracy for ya. They voted to leave, they left, and now they deal with the consequences. The only tragedy is that London and Scotland, both of whom voted against brexit, has been dragged into this mess.
And they have a trade agreement with the EU. With that they arent trading under the WTO rules with the EU (in stuff, that both sides have the trade agreement about).
in 2018 a lecture was published through UA-cam by a (former) trade negotiator explaining the difficulties of trade negotiations between EU and UK. providing an interesting perspective on the matter.
South Korea and canada are both just examples of “normal countries” in the WTO. As far as I know, they have no special deals with the eu (at least no more than any other country in the NATO/WTO etc, which is what the UK would be too with no deal. Just another country. Thanks for the video! I really enjoy your reactions! :)
This is not true, both South Korea and Canada have trade deals with the EU. For some time the UK was asking for a Canada style deal (though that doesnt mean, that the deal the UK envisioned would be anything like the Canada deal) and later for other styles of deals (not always from the UK government and not always for deals the EU had already finished negotiating, but was already negotiating).
@@ccx7004 it is hard to know all those details, i didnt know myself, that the eu had a trade deal with south korea until this video. i looked it up, because i was quite sure, that if the chart shows south korea and canada, then it must have a trade deal too. canada on the other hand i knew, for one because the brexit side used it as an argument (though what they wanted would be no canada style deal and i think they didnt even called it that way and instead called it canada plus style deal or something like that) and this deal got some attention in the press like ttip got. for one i think it was made around the same time as ttip and i think there was also stuff in the deal itself, which was reported in the news the same way stuff in ttip was reported.
What all this doesn't mention, is that the UK already had very special treatment for a core state. From my point of view, the money they paid to keept the eu running (like every core state) will be less than what they will have to pay in tarifs in the end. I am not a huge fan of the Eu, but reformation beats running away any time in history. Greetings from Germany.
LOL, no... Article 5O is not for allowing countries to leave the UK. I know it's difficult to focus with the cute little colorful doodles... but this is about UK leaving the EU. And how are they supposed to get a "better deal" by having to pay taxes and submit to controls? Unless they want to sell nukes to North Korea, there was nothing prohibiting them to make other deals while being in the EU.
An update to the first introductory video...4 years later, the maximum brexit option went from 15% to 100%...3 more working days left to negotiate after which there will be a no deal...UK is about to have a serious crash with reality...
@@archiebald4717 Well if You're calling some sectors of production being completely shut off their main market and a drastic reduction of export (by 68% and from remaining 32%, three quarters of trucks leaving UK empty due to new customs procedures) not a bad outcome...then yeah...it is an astounding success...how long will you be denying reality?
@@antaryjczyk There has always been a proportion of lorries that return to the EU empty. With such a change it is inevitable that there will be issues and complications at the beginning. I am sorry to hear your disappointment that the sky has not fallen in and the cows have not gone barren. The UK will thrive according the the Bank of England. The EU is in a mess. People don't want a useless bureaucracy, stuffed with 30,000 pen pushers and paper clip counters, 10,000 of whom are paid more than the PM, three parliament buildings, 150 Embassies around the world that are not really Embassies. They don't want a developing super state. Like all such groupings in world history, the EU will end in tears. I am delighted that the UK will not be there to join the wake.
@@archiebald4717 If you want to talk about bureaucracy...that's 30000 for 27 countries...how much UK needs to manage the border??? Oh right...50000...as for BoE predictions...they have to say that as they're tory influenced/controlled...you believe in your sunny uplands and unicorns whilst the rest of us will deal with reality...ciao
@@antaryjczyk Each of the 27 countries have their own pen pushers and paper clip counters, they has their own parliament, theur own embassies, which are real Embassies for their own citizens.
Democracy is supposed to to be like a football match is in you may lose this one but you might win next time a referendum says you win forever I voted remain and all my family moved to Spain 10 years ago and the problems it's caused I can't describe A lot of people have bought second homes in EU and now they've found out they can only stay in them 90 days at a time and then you have go back to the UK for 180 days unless you've a permanent residency
Brexit was a national referendum. It was the largest voter turn-out in the history of voting in the UK. To ignore the result was a disaster for the left-wing opposition party suffering the worst loss at a General Election for 75 years. Trade continues.
For those of you mentioning that South Korea and Canada are just normal countries in the WTO with no deal; that's what I thought at first. However, if you look at the Future relationship chart, it has the WTO symbol under a separate section labeled no deal. Why put South Korea and Canada in a separate column with a green check mark below if they're just like any other country with no deal?
i think the check mark is there to show that's where the UK would end up.
No, there are FTA's with both, but S.C. & CAN are far away and the trading volume is low. UK asked for a "Canada Plus Plus" deal but EU denied it because UK is on our doorstep. For free access to the single market you have to align to the regulations under EU Court jurisdiction to prevent dumping and keep trade fair.
@@michaelasseburg8184 To further that point if the UK wants a trade deal with the US they will have to lower their standards on products meaning they can no longer have a FTA with the EU since that would then hurt the Single market.
@@michaelasseburg8184 Dumping is just another word for "selling at lower prices". Essentially the EU hates competition, which isn't news.
@@Jungfrun1 Canada has a FTA with both the US and the EU. No one has had to "lower standards".
FYI South Koria and Canada are on the last slide because they have trade deals with the EU. Those took round about 10 years to negotiate and more years to implement. Can't be done in one year, and you cant just copy/paste the Canada deal because it has 400 pages of dealing mutual recognition of protected goods/regional brands in it. Each and every one has to be talked about. We are talking about 10th of thausend of trade goods here.
Negotiations with Canada ended 2014 but it was not until 2017 that both countries had ratified it and it was partly put into effect, that's a three year period when the terms are already done.
Sinced Grey published that video, the absurdity only got more...well, absurd.After a good long while they finally pulled the trigger on Article 50, inititating a two year countdown to settle matters.
Those two years came and went with jack progress made.So, the time hat to be extended.It was.More Limbo.The UK used the extension wisely, doing precisely nothing in the meantime.It was extended further and further again.
So much so, that some EU Nations got sick of it and refused to extend further, leading to a deadline on a sort-of barebones agreement, coming into effect the end of this year (or earlier, should the UK so wish).
This doesnt even mention the ridiculous internal politics during the process.Including Boris Johnson kicking Parliament out of session for a while.Just a clusterfudge all around.
The problem with northern ireland and a border is, that just saying, that there is a border now, like you suggested, will not work. For one stuff like wares must be held to standards and with no physical border this cannot happen. Also when the UK leaves, the relationship between it and the EU will be under the terms of the WTO, which means, that just not having a border is illegal, since this is not how this works between other countries and the EU and the UK.
Like he said The UK actually might lose Scotland over this, the party running on independence has most of the Scottish seats now (Scotland wanted to stay in the EU). The EU has even said it would let Scotland rejoin right away if independent, normally it would take a decade or two to join again etc.
I also heard they won't hold another referendum. Something about it was only a once in a lifetime thing. Is that true?
@@Nathurow I dont know if you mean the brexit referendum or the scottish independence referendum, but there is no such thing as a once in a life time referendum. The only thing needed for a new referendum would be for the political parties to agree to it.
Iam not from the UK, but the scottish government seems to lobby for a new referendum. For one there is the argument, that the UK/England lobbied at the last referendum with threats in the form of: If Scottland leaves the UK it will not be a part of the EU anymore. After voting to leave the EU itself this seems to be kind of a shitty argument in hindsight. Also the scottish referendum was quite close (55% against leaving the UK). But that doesnt really matter as far as i can tell, because for a new independence referendum the uk parliament (the one in london) needs to allow it and that is not something, the scottish parliament can decide by itself.
The brexit referendum is like in the video said not binding by law and so there is no need to follow it. For another referendum though it seems to be too late. I think it had merit, when the idea was given around last year, when boris johnson became prime minister to hold another referendum, since it took years up till then and nothing had reall happened. Theresa May negotiated with the EU for a provisional deal after leaving the EU (until later there could be a permanent deal negotiated) and this deal was not accepted by the UK parliament (mutiple times if i remember correctly). But now things are a bit different, i do not know if iam completely right, but in january this year the UK already left the EU and is now in a 1 year transition period in which they can negotiate about how their relationship is after this period. The transition period can be prolonged, but boris johnson already said, that he will not do that and the negotiations dont seem to be able to be finished until they need to be finished.
Looked it up and the transition period ends with this year, so if there is no deal until then, then there is a no deal brexit at the 01.01.2021 (or maximum brexit like it was called in the outdated video by cgp grey)
Yeah I agree Brexit is a really interesting topic, but how it happened makes me aggressive. David Cameron never wanted Brexit to happen. He and other Conservative politicans wanted to blackmail the EU to give them what they want else the UK would hold the Brexit referendum. The Conservative Party won the election because they promised such a referendum. Just like CGP Grey said the Conservatives secretly hoped the citizens would decide against Brexit, and they were wrong. Then Cameron retreated like a coward. I wouldn‘t have a problem if these politicans stood behind the citizens and even after this failure Cameron should at least have tried to do the Brexit challenge. In the end he used Brexit only to increase his popularity and when the referendum didn‘t go as he wished he step back.
@@Mixcoatl aye Cameron made himself look a right nob 😆 and not for the first time the dirty pork loving git 😂
It's like buying a car and then the salesman telling you what the price is And you've already signed the contract
I've really been enjoying these cgp grey reactions thanks!
Brexit, Revisited, 2021 edition:
What happened:
- Withdrawal agreement (citizen's rights, settlement bill and Northern Ireland) was signed by both parties and is in effect
- The Northern Ireland part is in the WA and is called the Northern Ireland Protocol (NIP).
- This protocol basically lays down the border in the Irish sea.
- There was a transition period in 2020 that expired on Jan 1 of 2021
Happing now:
- Massive shortages of fuel, empty shelves in UK supermarkets, massively increasing energy prices (much more than in the rest of the world). UK keeps saying it's due to global circumstances (such as the pandemic), but no other (European) country has these problems to this extent. Even Northern Ireland is pretty much insulated from these consequences thanks to more or less being part of the EU single market
- The EU has implemented full checks on Jan 1. The UK has delayed them, and still keeps delaying them, because they are just unequipped to handle all the work that it involves, and because they're increasingly reliant on food and other goods from the EU. See next points.
- The UK "voted to keep immigrants out", which succeeded, but now they have massive people shortages that have lead to the empty shelves and empty fuel stations. They have kicked out the EU truck drivers and now there are no people to supply gas stations, distribution centres and supermarkets and such. Leading to the shortages mentioned above.
- There's also a massive shortage of butchers, meaning they're killing off perfectly healthy animals and then importing them from the EU.
- Farmers are planting fewer crops, simply because they don't have the people to harvest them next season. Also exporting food has become much harder and more costly.
- Fishers have won their battle in keeping EU fishers out of their water but now they have a very hard time selling the fish to the EU, so they're going bankrupt. Many regret their vote.
- English people residing in Spain now found out freedom of movement actually works both ways, so they are now only allowed to reside in Spain for 90 out of every 180 days. Many have had to sell everything and move back to England
Going to happen, maybe:
- The UK now keeps threatening to kill the NIP and it has come to light they never actually intended to adhere to this legally binding treaty. Maybe because this arrangement is showing the public how Northern Ireland isn't facing the problems that Great Britain is (meaning: Brexit has made everything worse). Or simply because the UK wants their Frenemy back to blame their own failures on. Who knows?
Scotland
Welp, that's Democracy for ya. They voted to leave, they left, and now they deal with the consequences. The only tragedy is that London and Scotland, both of whom voted against brexit, has been dragged into this mess.
Canada has the famous CETA trade agrement with the EU. It was negotiated at the same time as TTIP and was similar (and similarly controversial).
16:38 i´m confident we won´t run out of fresh videos about brexit for a few years to come
South Korea and Canada are just normal countries in the world trade organisation . If that makes sense
And they have a trade agreement with the EU. With that they arent trading under the WTO rules with the EU (in stuff, that both sides have the trade agreement about).
in 2018 a lecture was published through UA-cam by a (former) trade negotiator explaining the difficulties of trade negotiations between EU and UK. providing an interesting perspective on the matter.
Your my favorite reactor!!! Also I like watching CGP Grey. From your viewer in TEXAS!!!!
cool video keep up the amazing work
I know I’m late but, since the Brexit referendum support for the EU only grows all over EU
South Korea and canada are both just examples of “normal countries” in the WTO. As far as I know, they have no special deals with the eu (at least no more than any other country in the NATO/WTO etc, which is what the UK would be too with no deal. Just another country.
Thanks for the video! I really enjoy your reactions! :)
This is not true, both South Korea and Canada have trade deals with the EU. For some time the UK was asking for a Canada style deal (though that doesnt mean, that the deal the UK envisioned would be anything like the Canada deal) and later for other styles of deals (not always from the UK government and not always for deals the EU had already finished negotiating, but was already negotiating).
Okay, that’s interesting! I’m an eu citizen, so I probably should know more about this than I do... thanks for letting me know!
@@ccx7004 it is hard to know all those details, i didnt know myself, that the eu had a trade deal with south korea until this video. i looked it up, because i was quite sure, that if the chart shows south korea and canada, then it must have a trade deal too. canada on the other hand i knew, for one because the brexit side used it as an argument (though what they wanted would be no canada style deal and i think they didnt even called it that way and instead called it canada plus style deal or something like that) and this deal got some attention in the press like ttip got. for one i think it was made around the same time as ttip and i think there was also stuff in the deal itself, which was reported in the news the same way stuff in ttip was reported.
What all this doesn't mention, is that the UK already had very special treatment for a core state. From my point of view, the money they paid to keept the eu running (like every core state) will be less than what they will have to pay in tarifs in the end. I am not a huge fan of the Eu, but reformation beats running away any time in history. Greetings from Germany.
'Running Away.' What a load of Ball Hocks.
amazing video
LOL, no... Article 5O is not for allowing countries to leave the UK. I know it's difficult to focus with the cute little colorful doodles... but this is about UK leaving the EU.
And how are they supposed to get a "better deal" by having to pay taxes and submit to controls? Unless they want to sell nukes to North Korea, there was nothing prohibiting them to make other deals while being in the EU.
An update to the first introductory video...4 years later, the maximum brexit option went from 15% to 100%...3 more working days left to negotiate after which there will be a no deal...UK is about to have a serious crash with reality...
It didn't go as badly as you hoped.
@@archiebald4717 Well if You're calling some sectors of production being completely shut off their main market and a drastic reduction of export (by 68% and from remaining 32%, three quarters of trucks leaving UK empty due to new customs procedures) not a bad outcome...then yeah...it is an astounding success...how long will you be denying reality?
@@antaryjczyk There has always been a proportion of lorries that return to the EU empty. With such a change it is inevitable that there will be issues and complications at the beginning. I am sorry to hear your disappointment that the sky has not fallen in and the cows have not gone barren. The UK will thrive according the the Bank of England. The EU is in a mess. People don't want a useless bureaucracy, stuffed with 30,000 pen pushers and paper clip counters, 10,000 of whom are paid more than the PM, three parliament buildings, 150 Embassies around the world that are not really Embassies. They don't want a developing super state. Like all such groupings in world history, the EU will end in tears. I am delighted that the UK will not be there to join the wake.
@@archiebald4717 If you want to talk about bureaucracy...that's 30000 for 27 countries...how much UK needs to manage the border??? Oh right...50000...as for BoE predictions...they have to say that as they're tory influenced/controlled...you believe in your sunny uplands and unicorns whilst the rest of us will deal with reality...ciao
@@antaryjczyk Each of the 27 countries have their own pen pushers and paper clip counters, they has their own parliament, theur own embassies, which are real Embassies for their own citizens.
We Thankfully will be presently having a WTO Brexit. This could change though
Wales Scotland or Northern Ireland need permission from Westminster to have a succession referendum
The uk be like: what if I annex Ireland?
EU be like: Biden's not gonna like that
Democracy is supposed to to be like a football match is in you may lose this one but you might win next time a referendum says you win forever I voted remain and all my family moved to Spain 10 years ago and the problems it's caused I can't describe A lot of people have bought second homes in EU and now they've found out they can only stay in them 90 days at a time and then you have go back to the UK for 180 days unless you've a permanent residency
Brexit was a national referendum. It was the largest voter turn-out in the history of voting in the UK. To ignore the result was a disaster for the left-wing opposition party suffering the worst loss at a General Election for 75 years. Trade continues.
Could you please react to 'EU explained*' by CGP Grey. Thanks. :)
Rupert Murdoch
nice video bro
You need to react to his tumbleweed video.
cool thumb nail
Why only 75 comments
hE dIdNt mEnTiOn CaNaDA aNd SoUtH kOrEa
he did. you just have to listen. he clearly said that after the turkey layer there is NO DEAL
Canada has a deal with the EU called CETA. It's essentially a bi-lateral trade deal.
@@JollyOldCanuck it looks like the deal isnt really in place yet ;)
@@konstus The CETA deal has survived challenges in Italy, France, and other EU members. It's already partially active. It's only a matter of time.
@@JollyOldCanuck partially active yes, but saying "eu has a deal with canada called CETA" is a bit early to say dont you think?
You’re from Texas? You don’t look like a steer so I guess that means…
Love that movie.
A rather poor analysis of Brexit.