Been waiting for ๐Ÿ‘‡ ๐Ÿšจ

Important story on what a โ€œtariff-freeโ€ deal means in practice and why itโ€™s not enough for two economies as closely integrated.

Tariffs are removed on goods that meet rules of origin. This is a complex and nuanced area of customs.

/1

Important to remember that trade deals (FTAs) weren't designed with such a high degree of economic integration in mind.

So some of the standard RoO provisions will seem incredibly restrictive under the UK-EU deal.

/2
Minimal operations or insufficient processing is a standard part of an FTA. Most, if not all FTAs, include a provision on minimal processing โ€“ processing not considered sufficient to confer originating status even if rules of origin have been met.

/3
It is standard procedure not to apply cumulation when goods have only been subject to minimal processing.

To be able to cumulate origin and consider the final product of UK origin, the processing carried out in the UK needs to exceed minimal operations.

/4
The level of integration between the UK and the EU means that this will have significant consequences for a number of industries.

For example, in supply chains where goods are brought into the UK from the EU and reassembled, sorted or repackaged and re-exported to ROI.

/5
The @Foodanddrinkfed raised this issue and the impact it will have on UK food and drink businesses (same goes for a number of other industries)

Some practical examples of how it works were covered in a brilliant ๐Ÿงตby @faisalislam ๐Ÿ‘‡

/6

https://t.co/4chCLNW0l9
Again, important to remember that it's a common provision. Just not a common scenario because the goods don't normally go straight back to where they came from.

This is how it's usually used:

/7
Solution?

For goods that originate in the EU and meet the rules of origin on the way in, it would be quite simple.

The EU Commission already has a number of origin-related derogations. Some examples here ๐Ÿ‘‡

/8

https://t.co/wDvdlDKKKc
But the question is whether or not the EU will have any incentive to do that...

This provision impacts the UK supply chains much more than EU ones...

/ends

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Simple and effective way 2 make Money


Idea 1:- Use pivot level like 14800 in case of nifty and sell 14800straddle monthly expiry (365+335) exit if nifty closes on daily basis below S1 or above R1

After closing below S1 if it closes above S1 next day or any day enter the same position again vice versa for R1

Idea2:- Use R1 and S1 corresponding strikes multiple
Incase of R1 15337 take 15300ce
N in case of S1 14221 use 14200pe
Sell both and hold till expiry or exit if nifty closes below S1 or above R1 around closing
If the same bounces above S1 and falls below R1 re-enfer same strikes

Use same criteria for nifty, usdinr and banknifty

(This is must)Use this margin rule for 1lot banknifty pair keep 4Lax margin
For nifty one lot keep 3Lax
For usdinr 100lots keep 4Lax

I bet you if you do this on consistent basis your ROI will be more than 70% on yearly basis.

Couldn't explain easier than this

Criticisms are most welcomed.