Der große Gewinner von Trumps vielbeschworenem Handelsabkommen ist … nicht die USA
https://newrepublic.com/article/195028/trump-uk-trade-accord-tariffs
Von xwsrx
Der große Gewinner von Trumps vielbeschworenem Handelsabkommen ist … nicht die USA
https://newrepublic.com/article/195028/trump-uk-trade-accord-tariffs
Von xwsrx
7 Kommentare
Interesting assessment that Starmer has managed to do a very good job here.
Also interesting to see an outsiders perspective on Brexit :
>“Compounding the U.K.’s trade difficulties is Brexit, the U.K.’s spectacularly self-destructive decision to depart the European Union, which took effect in 2020. The U.K. did manage before that breakup to negotiate a free trade deal with the EU, eliminating the risk of tariffs being imposed on its imports or exports to the EU. But even so, the U.K.’s exports to the EU, which (as a bloc rather than a nation) is the U.K.’s biggest trading partner, are down by as much as 30 percent compared to where they would be had Brexit never occurred. This has left the U.K. a bit frantic to cut trade deals elsewhere, and especially with the U.S.“
Depending on how the Section 232 carve outs work, especially Aluminium, this is a really good deal for the UK. Aluminium derivatives cover anything that saw an uptick when tariffs were enacted against Aluminium and China tariffs came into play so they’re usually things Chinese manufacturers could pass off aluminium tubes and plates as at a lower tariff rate, which involves a lot of electronics the UK specialises in (“it’s not an aluminium plate it’s a part for radar, honest!”). That and aerospace and cars and that’s a lot of UK manufacturing covered.
So good news, the fact that the Tories and Reform don’t get it is deeply worrying for them. The devil’s in the detail but on face value it looks good.
It’s interesting that an American sees the UK as the winner in this deal. The UK right wing media will see things differently
We brits used to seek and destroy nazis, now we make deals with them. Shame on us for not telling trump to shove his deals up his arse
Did anyone else watch the US lead trade negotiators glazing Trump during the press conference? I genuinely have never seen anything like it – it was truly pathetic
Its really a win win for both countries the UK wins for obvious reasons reduction or total removal of some tariffs and the chance to negotiate the reduction or removal of others. The US wins because any trade deal helps calm the markets and keeps his base happy. In Trump land this is a massive vindication of his policies and is often being bigged up beyond belief „art of the deal“ being thrown round a great deal.
Nobody understands trade deals so you can spin it how you want. It was the same during the 2016-2019 period with endless discussions of trade deals. Everyone had their own proposed pet deal which would fix things. Canada Light, Norway, no deal at all etc. In the end we got a deal with the EU, but not many people really noticed one way or the other. The fact is the average person has never seen a trade deal, or even read the text of one. They rely on media to cherry pick bits of them.