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EU and Japan create world's biggest free trade zone

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Re: EU and Japan create world's biggest free trade zone

#191
post #43

While lack of tariffs is nice, as a small-time seller, complying with all these VAT, taxing rules (Germany added new requirement in 2019 to obtain some kind of new tax certificate which is not related to VAT certificate) makes it quite complicated from compliance point alone. But I guess it represents general attitude towards business in europe. Not sure how it is like in Japan. [edit] What I mean is that it is all f…

> Germany added new requirement in 2019 to obtain some kind of new tax certificate Is it the tax residence one? We have had it in my country since 2017 and it has been a major PITA when working with smaller partners from US/Canada.

I did not actually research it in depth, just posted what Amazon provided to all sellers. My plan is to quickly dispose of existing stock and quit these markets, as my sales do not justify trying to comply with local rules.

To be fair, if USA states would start enforcing sales tax collection on foreign sellers - it would be the same story. But for now at the very least states go mostly after out of state sellers, not foreign ones.

[EDIT] relevant discussion - https://sellercentral-europe.amazon.com/forums/t/anyone-regi...

Another one catching up - https://sellercentral.amazon.co.uk/forums/t/getting-ready-fo...

Re: EU and Japan create world's biggest free trade zone

#192
post #186

Earlier quoted context omitted.

The TPP would have folded in a bunch of environmental protection rules, but the US blew it up. It's debatable how good these protections would have been, but they were not nothing. https://en.wikipedia.org/wiki/Trans-Pacific_Partnership#Envi...

The TPP had many other issues though. Examples include criminal penalties for breaking DRM or disclosing trade secrets, and establishing an international tribunal that allows corporations to sue for monetary damages from a government that passes a law which they feel is discriminatory. (I know the US has trade agreements like this already, but it's a new thing for Australia -- and unfortunately we are now part of the…

The point of that was to stop Malaysia and Singapore from pirating movies and software.

I think there's something to be said about the correct distrust of MPAA. But at the same time, Malaysia and Singapore were clear pirate hubs that were harmful to any IP based economy.

Re: EU and Japan create world's biggest free trade zone

#193

Japan has avoided the madness of tariffs and trade wars that has affected the west recently. Instead they have been quietly negotiating trade deals with everyone and generally getting along. Good on them! Also it includes cheese, which will make westerners in Japan very happy.

For those interested in why - Japan always had very high tariffs on cheese (40% on WTO, 37.5% on EU). In comparison, the US has a general tariff of 10% on cheese, with many exceptions making it 0%.

http://www.customs.go.jp/english/tariff/2019_2/data/e_04.htm

https://hts.usitc.gov/?query=cheese

Similarly high tariffs across the board on most imports has been the norm in Japan for decades, with many agricultural products also having quota limits. This led to potato shortages in 2017.

Free trade is great when applied evenly. If it takes reciprocative pressure from the US to cause others think differently and change the status quo, so be it.

Re: EU and Japan create world's biggest free trade zone

#194

Earlier quoted context omitted.

Yeah, I hear the Netherlands, Luxembourg, Denmark, and Estonia are hurting terribly.

But then there are also plenty of small and small-ish economies that haven't done so well from EU (particularly Euro) membership, aren't there?

Nope. Ireland has done excellent-it was the poorest country in Europe when they joined in the 1970s, today it’s among the top. Eastern and south-eastern countries had lines for bread when the USSR dissolved. Ten years later, they joined the EU. Today, life in Poland or Hungary is close to catching up with Western Europe.

Greece had about the same GDP per capita as Turkey when they joined. Today, it’s closer to 3x Turkey.

Re: EU and Japan create world's biggest free trade zone

#195
post #98

Earlier quoted context omitted.

I doubt there are many countries with more than two or three competing networks. There may be a few more resellers, or even several dozens. But it’s just uneconomical to build the hardware five times over. In any case, a FTA is not going to change it.

So how does that explain the high cost of our networks vs other countries? I'm not convinced a regulated oligopoly is the only positive option. If anything it's only positive for: a) the private friends of government who profited when the business was kept 100% Canadian b) the intelligence agencies who were given plenty of access. Most of the ownership capital went to a small group of millionaires and billionaires. M…

If they don't do their utmost to remain on top for their customers, they lose... and they have to be careful because competitors are constantly trying to get in. Sure, WIND (now Freedom under Shaw) and the like happened in the past ... but I'm in Sasktel region and it's very hard to compete with Sasktel. (better infrastructure and much lower pricing than any of the others ... but basically Saskatchewan only, although roaming seems to work anywhere well thanks to treaties between the companies)

I mean sure they can sit on the licenses they have and just keep pressure on (cough Telus) but ... they'll lose any moment new tech moves in, or competitors with the right backing.

Re: EU and Japan create world's biggest free trade zone

#196

Earlier quoted context omitted.

I still remember how horridly expensive cheese was in Japan. This is excellent news.

That's pretty interesting, is it expensive for all types of cheese from like kraft singles to french brie? Do you have any other stories of common EU/US items that are rare in Japan?

I might be being a bit of a snob, but in the context of a cheese-related discussion kraft singles don't really rate mention.

Re: EU and Japan create world's biggest free trade zone

#197

Earlier quoted context omitted.

This is a selective quote and commonly misunderstood. Taken in context, the status in question is whether NI remains a part of the UK or becomes a part of a united Ireland. The point of that provision was that across the entire island of Ireland there was a majority for a reunited Ireland, but within NI specifically there was not, so this was an explicit agreement that reuniting North and South would not happen witho…

You asked for a part of the agreement. I ventured a somewhat uninformed opinion. If you know more than me, then isn't it incumbent on you to venture an opinion on why we're in the situation of trying to avoid a hard border?

If you know more than me, then isn't it incumbent on you to venture an opinion on why we're in the situation of trying to avoid a hard border?

If you're asking for my personal, subjective opinion, then I think it's a combination of two factors.

Firstly, there are the local issues. Taken in isolation, avoiding changes that would unnecessarily restrict crossings at the NI/Ireland border is obviously a good thing, particularly for the people and businesses near that border. Meanwhile, closing the border has little upside for anyone at this level. That means maintaining the open border is a solid vote-winner, like having more funding for the NHS or more teachers in schools.

Any resulting costs will be elsewhere, in this case at a national/international level where potentially the open border could conflict with other possibly desirable outcomes. But of course there are complicated legal issues involved because of the history, and on top of that there is an implied threat of violence that can be invoked. It is very easy to paint a picture where changing the Irish border causes Very Bad Things to happen, and thus not changing the Irish border becomes an attractive proxy for blocking those other outcomes if in your view they are not so desirable but it's harder to make a direct case against them.

In short, there are important local considerations, but at national/international level it's also a convenient vessel for blocking other changes that some parties don't want.

It's probably a rather cynical point of view, but the proxy debate going on here does remind me of the people in the UK who suddenly became constitutional scholars and fierce advocates of this concept they'd never heard of a week earlier called parliamentary sovereignty, right around the time that a referendum widely advertised as giving the people a final say returned a result they didn't support but it turned out that constitutionally the referendum couldn't be binding after all and the current balance of opinion in Parliament might go the other way. It's a very large scale version of getting bogged down in legal technicalities, unfortunately at the expense of more reasoned debate on the underlying issues of substance.

Re: EU and Japan create world's biggest free trade zone

#198
post #43

While lack of tariffs is nice, as a small-time seller, complying with all these VAT, taxing rules (Germany added new requirement in 2019 to obtain some kind of new tax certificate which is not related to VAT certificate) makes it quite complicated from compliance point alone. But I guess it represents general attitude towards business in europe. Not sure how it is like in Japan. [edit] What I mean is that it is all f…

That's true. But there is some progress on that as well. From Jan 2019, the so called VAT MOSS (mini one stop shop) is open to companies from outside the EU as well: https://www.gov.uk/government/publications/vat-changes-to-th...

I don't know how it works exactly, but it means that you can now supply digital goods and services to all EU countries after getting registered with the VAT MOSS instead of registering for VAT in every single EU country.

Also, for very small suppliers there is now a €10,000 (p.a) threshold (total sales into the EU) below which you don't have to charge VAT at all.

Re: EU and Japan create world's biggest free trade zone

#199
post #138

Earlier quoted context omitted.

"I believe the Common Travel Area is also a key issue as it commits us to open travel through the border which on the face of it seems incompatible with leaving the customs union." No, this happens elsewhere already. Compare Norway - it is in a common travel area with the EU (Schengen), but out of the EU customs union. They're different issues.

Norway's membership of the EEA is a prerequisite for its Schengen membership.

And the sort of trade deals brexiteers want to negotiate would be far beyond anything comparable to the few EEA exceptions on common tariffs, so it in no way an equitable comparison. For a start, EEA members contribute billions to the EU budget for the market access they get towards common institutions and programmes. The brexit camp want to end all payments to the EU, so a Norway style arrangement is, apparently, off the table.

Re: EU and Japan create world's biggest free trade zone

#200

Earlier quoted context omitted.

Yeah, I hear the Netherlands, Luxembourg, Denmark, and Estonia are hurting terribly.

But then there are also plenty of small and small-ish economies that haven't done so well from EU (particularly Euro) membership, aren't there?

As you allude to, the euro is the thing that's so bad for periphery economies.

Everything else that comes with EU membership is clearly net positives, though some individual groups may turn out to be losers from it.

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