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"Tariff is still 10%. Doubt it can be sold as a brexit benefit" Well said there was no brexit benefit we have all lost out. | |||
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"It’s 10% less than Irish and Europeans will pay there’s is 20%" It's still 10% so I don't see the benefit | |||
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"I am wondering if one man's self-created "misfortune" is another man's opportunity ? . Trump's China tariffs have risen to 54%, putting pressure on Chinese exporters and reshaping global trade relations. . Is this an opportunity for the UK to say to BYD, for example, "Hey ! BYD ! Don't worry about losing the USA market. We are interested in your cars. Come here and manufacture. You won't face a tariff if you are making in the UK, you'll be employing local people, paying UK taxes, and everyone's a winner. A new market for you, and business and employment for us." (and it doesn't hurt to be a good trading power with a superpower either. Ok, I know that didn't work out well with the Russian Federation, but, well...RF!)" You could do…. P.s they are in the process of building a factory in Hungary specifically for European markets | |||
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"I am wondering if one man's self-created "misfortune" is another man's opportunity ? . Trump's China tariffs have risen to 54%, putting pressure on Chinese exporters and reshaping global trade relations. . Is this an opportunity for the UK to say to BYD, for example, "Hey ! BYD ! Don't worry about losing the USA market. We are interested in your cars. Come here and manufacture. You won't face a tariff if you are making in the UK, you'll be employing local people, paying UK taxes, and everyone's a winner. A new market for you, and business and employment for us." (and it doesn't hurt to be a good trading power with a superpower either. Ok, I know that didn't work out well with the Russian Federation, but, well...RF!) You could do…. P.s they are in the process of building a factory in Hungary specifically for European markets " Thank you for that Fabio. I found more info thanks to you. New state-of-the-art passenger car factory to be built in Szeged, Hungary The new factory is expected to create thousands of local jobs The Szeged facility will be the first BYD passenger car factory in Europe BYD’s vertical supply chain integration will help create a local green ‘ecosystem’ supporting the sustainable mission. . Perhaps they might consider another here in the UK if we can tempt them. | |||
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"Alan Sugar was interviewed on the tariffs by Andrew Marr. His view was uk has very little to tariff in retaliation, “a few Harley Davidsons and jack Daniel’s won’t touch the sides”. " According to the government they have drawn up a 400 page document of American products they can consider for tariffs. Mind you they did not say the size of the font used to type it out  | |||
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"Alan Sugar was interviewed on the tariffs by Andrew Marr. His view was uk has very little to tariff in retaliation, “a few Harley Davidsons and jack Daniel’s won’t touch the sides”. According to the government they have drawn up a 400 page document of American products they can consider for tariffs. Mind you they did not say the size of the font used to type it out "🤣 | |||
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"Alan Sugar was interviewed on the tariffs by Andrew Marr. His view was uk has very little to tariff in retaliation, “a few Harley Davidsons and jack Daniel’s won’t touch the sides”. According to the government they have drawn up a 400 page document of American products they can consider for tariffs. Mind you they did not say the size of the font used to type it out "It's an extensive list available online | |||
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"Alan Sugar was interviewed on the tariffs by Andrew Marr. His view was uk has very little to tariff in retaliation, “a few Harley Davidsons and jack Daniel’s won’t touch the sides”. " I think we (the UK) should hold off reprisal tariffs for now. No need to follow the pack, our circumstances are different to other countries and trade with US pretty balanced. Starmer is right to focus on improving through a trade deal. I think a deal would suit Trump too, then he can say "look what happens when you are reasonable". Just stroke his ego is the savvy way. | |||
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"I wish the UK would be stricter on imports and encourage more self reliance on home grown goods. For example with our weekly food shop we ordered a small bag of veg to be steamed in the bag. On the bag PRODUCT OF KENYA. Why? Why are stores importing veggies from Kenya when this country is 70% farmland, where do our good go Kenya?" Child labour in Kenya to pick that food is 10p a day £100 a day in uk | |||
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"I wish the UK would be stricter on imports and encourage more self reliance on home grown goods. For example with our weekly food shop we ordered a small bag of veg to be steamed in the bag. On the bag PRODUCT OF KENYA. Why? Why are stores importing veggies from Kenya when this country is 70% farmland, where do our good go Kenya?" We have some of the best fishing waters in the world but import fish from Thailand and India.  | |||
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"I wish the UK would be stricter on imports and encourage more self reliance on home grown goods. For example with our weekly food shop we ordered a small bag of veg to be steamed in the bag. On the bag PRODUCT OF KENYA. Why? Why are stores importing veggies from Kenya when this country is 70% farmland, where do our good go Kenya? We have some of the best fishing waters in the world but import fish from Thailand and India. "Average Thai wages $442 a month - £11 a day £150 a day for uk trawlermen This is where we’ve got to with a globalised economy. | |||
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"I wish the UK would be stricter on imports and encourage more self reliance on home grown goods. For example with our weekly food shop we ordered a small bag of veg to be steamed in the bag. On the bag PRODUCT OF KENYA. Why? Why are stores importing veggies from Kenya when this country is 70% farmland, where do our good go Kenya?" beans are out of season in the uk atm | |||
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"I wish the UK would be stricter on imports and encourage more self reliance on home grown goods. For example with our weekly food shop we ordered a small bag of veg to be steamed in the bag. On the bag PRODUCT OF KENYA. Why? Why are stores importing veggies from Kenya when this country is 70% farmland, where do our good go Kenya? We have some of the best fishing waters in the world but import fish from Thailand and India.
Average Thai wages $442 a month - £11 a day
£150 a day for uk trawlermen
This is where we’ve got to with a globalised economy. "Exactly. Trump is obviously nuts but he's not wrong to challenge the global trade principles. | |||
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"I wish the UK would be stricter on imports and encourage more self reliance on home grown goods. For example with our weekly food shop we ordered a small bag of veg to be steamed in the bag. On the bag PRODUCT OF KENYA. Why? Why are stores importing veggies from Kenya when this country is 70% farmland, where do our good go Kenya? We have some of the best fishing waters in the world but import fish from Thailand and India.
Average Thai wages $442 a month - £11 a day
£150 a day for uk trawlermen
This is where we’ve got to with a globalised economy.
Exactly. Trump is obviously nuts but he's not wrong to challenge the global trade principles."Only works if every country has the ability to grow every product….. American coffee British pineapples Irish bananas If you have stuff one country wants… you don’t have to buy stuff from them just because… because! That’s what these “tariffs” do…. I said to my American coffee loving cousin it’s only her fault that her coffee is now going to cost more!! And there is no point switching to tea either… because those countries are being charged higher tariffs… | |||
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"I wish the UK would be stricter on imports and encourage more self reliance on home grown goods. For example with our weekly food shop we ordered a small bag of veg to be steamed in the bag. On the bag PRODUCT OF KENYA. Why? Why are stores importing veggies from Kenya when this country is 70% farmland, where do our good go Kenya?" Two words: Venture capitalism. | |||
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"I wish the UK would be stricter on imports and encourage more self reliance on home grown goods. Why are stores importing veggies from Kenya when this country is 70% farmland, where do our good go Kenya?" This cannot be blamed on Trump tariffs. 37% uk farms closed since 1973 (nfu) Basic payments scheme ended with Brexit Farmers land hit with 20% iht Global weather changes; crops sown late and cattle kept inside longer Somerset farmland flooded and perished crop due to inadequate flood protection infastructure Parts of uk now desirable for growing fruit (parts of EU now too hot). Planners obstructive with large glasshouses. The former farming minister said ‘farmers new role post Brexit is tending hedgerows’ Farmland turned into rewilding for biodiversity net gain credits linked to habitat loss for new build housing Consumers preferences for fast food over organic - 37% uk now overweight Waiting lists for allotments Next up is ‘net zero food food’. BBC documentary last week | |||
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"I wish the UK would be stricter on imports and encourage more self reliance on home grown goods. For example with our weekly food shop we ordered a small bag of veg to be steamed in the bag. On the bag PRODUCT OF KENYA. Why? Why are stores importing veggies from Kenya when this country is 70% farmland, where do our good go Kenya? Two words: Venture capitalism. " I'm a grower, and unfortunately our latitude in UK means a fairly short growing season. For vegetables that don't store or freeze well e.g. green beans, it makes sense to import fresh out of season. Growing in Poly Tunnels extends the season, but uses energy for heat + light. A possible solution is to encourage more consumption of seasonal fruit + veg, but frankly I don't think people want to hear it. | |||
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"A possible solution is to encourage more consumption of seasonal fruit + veg, but frankly I don't think people want to hear it." Agreed. There's a similar situation in fishing. UK fisherman catch mostly mackerel, herring, and whiting, but there's little market for those in the UK, so most of it gets exported. If it isn't cod, haddock or salmon, Brits just aren't interested. | |||
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"Alan Sugar was interviewed on the tariffs by Andrew Marr. His view was uk has very little to tariff in retaliation, “a few Harley Davidsons and jack Daniel’s won’t touch the sides”. I think we (the UK) should hold off reprisal tariffs for now. No need to follow the pack, our circumstances are different to other countries and trade with US pretty balanced. Starmer is right to focus on improving through a trade deal. I think a deal would suit Trump too, then he can say "look what happens when you are reasonable". Just stroke his ego is the savvy way." One of the things about stroking the ego of bullies is the next time they want more. | |||
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"I wish the UK would be stricter on imports and encourage more self reliance on home grown goods. For example with our weekly food shop we ordered a small bag of veg to be steamed in the bag. On the bag PRODUCT OF KENYA. Why? Why are stores importing veggies from Kenya when this country is 70% farmland, where do our good go Kenya? Two words: Venture capitalism. I'm a grower, and unfortunately our latitude in UK means a fairly short growing season. For vegetables that don't store or freeze well e.g. green beans, it makes sense to import fresh out of season. Growing in Poly Tunnels extends the season, but uses energy for heat + light. A possible solution is to encourage more consumption of seasonal fruit + veg, but frankly I don't think people want to hear it." But, back in the olden days if it wasn't in season it wasn't available simple! I lived in farming land as a nipper and the crops were on rotation depending on the season. Problem is today we have become spoilt and soft,stuff that was a luxury is now commonplace strawberries in January  | |||
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"I wish the UK would be stricter on imports and encourage more self reliance on home grown goods. For example with our weekly food shop we ordered a small bag of veg to be steamed in the bag. On the bag PRODUCT OF KENYA. Why? Why are stores importing veggies from Kenya when this country is 70% farmland, where do our good go Kenya? Two words: Venture capitalism. " Another two words: Consumer demand | |||
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"I wish the UK would be stricter on imports and encourage more self reliance on home grown goods. For example with our weekly food shop we ordered a small bag of veg to be steamed in the bag. On the bag PRODUCT OF KENYA. Why? Why are stores importing veggies from Kenya when this country is 70% farmland, where do our good go Kenya? Two words: Venture capitalism. Another two words: Consumer demand" Another two words. Octopus windscreen | |||
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"I wish the UK would be stricter on imports and encourage more self reliance on home grown goods. For example with our weekly food shop we ordered a small bag of veg to be steamed in the bag. On the bag PRODUCT OF KENYA. Why? Why are stores importing veggies from Kenya when this country is 70% farmland, where do our good go Kenya? Two words: Venture capitalism. I'm a grower, and unfortunately our latitude in UK means a fairly short growing season. For vegetables that don't store or freeze well e.g. green beans, it makes sense to import fresh out of season. Growing in Poly Tunnels extends the season, but uses energy for heat + light. A possible solution is to encourage more consumption of seasonal fruit + veg, but frankly I don't think people want to hear it. But, back in the olden days if it wasn't in season it wasn't available simple! I lived in farming land as a nipper and the crops were on rotation depending on the season. Problem is today we have become spoilt and soft,stuff that was a luxury is now commonplace strawberries in January "I don’t disagree but now the genie is out of the bottle you aren’t going to get it back in. | |||
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"I wish the UK would be stricter on imports and encourage more self reliance on home grown goods. For example with our weekly food shop we ordered a small bag of veg to be steamed in the bag. On the bag PRODUCT OF KENYA. Why? Why are stores importing veggies from Kenya when this country is 70% farmland, where do our good go Kenya? Two words: Venture capitalism. I'm a grower, and unfortunately our latitude in UK means a fairly short growing season. For vegetables that don't store or freeze well e.g. green beans, it makes sense to import fresh out of season. Growing in Poly Tunnels extends the season, but uses energy for heat + light. A possible solution is to encourage more consumption of seasonal fruit + veg, but frankly I don't think people want to hear it. But, back in the olden days if it wasn't in season it wasn't available simple! I lived in farming land as a nipper and the crops were on rotation depending on the season. Problem is today we have become spoilt and soft,stuff that was a luxury is now commonplace strawberries in January "Do you honestly believe reducing consumer choice is the way forward for a nation, especially as it has become more diverse in cuisine. | |||
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"The tariff on cars should help us too or at least not hurt, most of our car exports are luxury brands that Americans a car manufacturer cannot compete with, McLaren, Aston Martin, rolls Royce. The target market for those cars will absorb the price hike, which will also make the cars more desirable to the wealthy. " The wealthy don’t like feeling like they’re overpaying, or throwing money away. The secondary market in cars like McLaren can deliver returns above the new purchase price, if they purchase a car and the tariffs are reversed this adds risk that I'm sure will impact sales. Others such as JLR and Rolls Royce will not be in that space, however the resale value is going to drop so low that I can't see anyone wanting to purchase new. What I'm really interested to know is if the tariffs effects cars that have not been delivered yet but are being built or are ready to ship, there would be some serious deposits already paid and finance deals in the air. | |||
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"The tariff on cars should help us too or at least not hurt, most of our car exports are luxury brands that Americans a car manufacturer cannot compete with, McLaren, Aston Martin, rolls Royce. The target market for those cars will absorb the price hike, which will also make the cars more desirable to the wealthy. The wealthy don’t like feeling like they’re overpaying, or throwing money away. The secondary market in cars like McLaren can deliver returns above the new purchase price, if they purchase a car and the tariffs are reversed this adds risk that I'm sure will impact sales. Others such as JLR and Rolls Royce will not be in that space, however the resale value is going to drop so low that I can't see anyone wanting to purchase new. What I'm really interested to know is if the tariffs effects cars that have not been delivered yet but are being built or are ready to ship, there would be some serious deposits already paid and finance deals in the air. " Especially as many will be special order/spec. On the other side, if the EU put on 25% tariff, I read a new Harley Road Gilde would be $124,000. (WSJ) | |||
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J
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"The tariff on cars should help us too or at least not hurt, most of our car exports are luxury brands that Americans a car manufacturer cannot compete with, McLaren, Aston Martin, rolls Royce. The target market for those cars will absorb the price hike, which will also make the cars more desirable to the wealthy. The wealthy don’t like feeling like they’re overpaying, or throwing money away. The secondary market in cars like McLaren can deliver returns above the new purchase price, if they purchase a car and the tariffs are reversed this adds risk that I'm sure will impact sales. Others such as JLR and Rolls Royce will not be in that space, however the resale value is going to drop so low that I can't see anyone wanting to purchase new. What I'm really interested to know is if the tariffs effects cars that have not been delivered yet but are being built or are ready to ship, there would be some serious deposits already paid and finance deals in the air. " It’s only very rare cars that deliver higher returns the gt3rs or p1 types, your standard Aston / McLaren depreciate just like any other car, much like Covid it’ll probably increase the second hand market as it becomes harder to to get a new one. The showy wealthy that buy these brands to show their wealth will love that they have become more unobtainable, the wealthy that don’t like to feel ripped off don’t by flashy car brands in the first place. The other side of the coin is that the us market has not a single brand or even a single car that can be considered competition for our luxury brands so they are going to have to pay or end up in some god awful ford or dodge. | |||
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"The tariff on cars should help us too or at least not hurt, most of our car exports are luxury brands that Americans a car manufacturer cannot compete with, McLaren, Aston Martin, rolls Royce. The target market for those cars will absorb the price hike, which will also make the cars more desirable to the wealthy. The wealthy don’t like feeling like they’re overpaying, or throwing money away. The secondary market in cars like McLaren can deliver returns above the new purchase price, if they purchase a car and the tariffs are reversed this adds risk that I'm sure will impact sales. Others such as JLR and Rolls Royce will not be in that space, however the resale value is going to drop so low that I can't see anyone wanting to purchase new. What I'm really interested to know is if the tariffs effects cars that have not been delivered yet but are being built or are ready to ship, there would be some serious deposits already paid and finance deals in the air. It’s only very rare cars that deliver higher returns the gt3rs or p1 types, your standard Aston / McLaren depreciate just like any other car, much like Covid it’ll probably increase the second hand market as it becomes harder to to get a new one. The showy wealthy that buy these brands to show their wealth will love that they have become more unobtainable, the wealthy that don’t like to feel ripped off don’t by flashy car brands in the first place. The other side of the coin is that the us market has not a single brand or even a single car that can be considered competition for our luxury brands so they are going to have to pay or end up in some god awful ford or dodge. " Might increase the sale of the cars you mentioned. But your talking a niche product, where volumes and probably insignificant to the overall picture in terms of trade. The volume products are the bread and butter of most economies and where the jobs are. | |||
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"Apart from the "utterly ridiculous" (read wrong) way the trade tariffs have been calculated, how is making products your population buys on a daily basis 50% (tariffs vary) more expensive make America Great? It makes them broke, plus every percentage added on is based on a lie. Not forgetting an imposed tariff on a country with zero population, other than penguins, that sells you fuck all makes zero sense at all. https://youtu.be/PWhv-06DNjE?si=6dz7J3KfawS8hb1k "You don't see the UK buying thousands of Dodge Rams do you???????" No, you half witted spoon, have you seen how wide our roads are and that petrol is 5 times more expensive than in the states...... Genius policy. Genius logic. Trillions wiped off US trading markets in 48 hours. Buffoon. And we thought Boris was an idiot.
J
"Why would anyone be bothered about trillions being wiped off USA trading markets. ? What matters is long term performance, not movement over a few days. I do not see many fund managers panicking . Charming to describe Boris as an idiot . He managed our exit from the EU , saved many from death or financial ruin during the covid crisis and was extremely supportive of Uskraine There are quite a few people I disagree with but have never had to resort to describing them as an idiot. That is the reserve of the internet warrior | |||
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"The tariff on cars should help us too or at least not hurt, most of our car exports are luxury brands that Americans a car manufacturer cannot compete with, McLaren, Aston Martin, rolls Royce. The target market for those cars will absorb the price hike, which will also make the cars more desirable to the wealthy. The wealthy don’t like feeling like they’re overpaying, or throwing money away. The secondary market in cars like McLaren can deliver returns above the new purchase price, if they purchase a car and the tariffs are reversed this adds risk that I'm sure will impact sales. Others such as JLR and Rolls Royce will not be in that space, however the resale value is going to drop so low that I can't see anyone wanting to purchase new. What I'm really interested to know is if the tariffs effects cars that have not been delivered yet but are being built or are ready to ship, there would be some serious deposits already paid and finance deals in the air. It’s only very rare cars that deliver higher returns the gt3rs or p1 types, your standard Aston / McLaren depreciate just like any other car, much like Covid it’ll probably increase the second hand market as it becomes harder to to get a new one. The showy wealthy that buy these brands to show their wealth will love that they have become more unobtainable, the wealthy that don’t like to feel ripped off don’t by flashy car brands in the first place. The other side of the coin is that the us market has not a single brand or even a single car that can be considered competition for our luxury brands so they are going to have to pay or end up in some god awful ford or dodge. " No doubt someone will as you say buy a car with a 35% tariff just to flaunt it, but I can't see manufacturers or resellers gambling on shifting a Range Rover or a Rolls, they won't import / export until they have worked out the finer details. JLR have already stopped April's orders into the US. | |||
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"The tariff on cars should help us too or at least not hurt, most of our car exports are luxury brands that Americans a car manufacturer cannot compete with, McLaren, Aston Martin, rolls Royce. The target market for those cars will absorb the price hike, which will also make the cars more desirable to the wealthy. The wealthy don’t like feeling like they’re overpaying, or throwing money away. The secondary market in cars like McLaren can deliver returns above the new purchase price, if they purchase a car and the tariffs are reversed this adds risk that I'm sure will impact sales. Others such as JLR and Rolls Royce will not be in that space, however the resale value is going to drop so low that I can't see anyone wanting to purchase new. What I'm really interested to know is if the tariffs effects cars that have not been delivered yet but are being built or are ready to ship, there would be some serious deposits already paid and finance deals in the air. Especially as many will be special order/spec. On the other side, if the EU put on 25% tariff, I read a new Harley Road Gilde would be $124,000. (WSJ) " It is going to be a difficult thing to unpick if orders are built, as you say pre specced. | |||
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"Apart from the "utterly ridiculous" (read wrong) way the trade tariffs have been calculated, how is making products your population buys on a daily basis 50% (tariffs vary) more expensive make America Great? It makes them broke, plus every percentage added on is based on a lie. Not forgetting an imposed tariff on a country with zero population, other than penguins, that sells you fuck all makes zero sense at all. https://youtu.be/PWhv-06DNjE?si=6dz7J3KfawS8hb1k "You don't see the UK buying thousands of Dodge Rams do you???????" No, you half witted spoon, have you seen how wide our roads are and that petrol is 5 times more expensive than in the states...... Genius policy. Genius logic. Trillions wiped off US trading markets in 48 hours. Buffoon. And we thought Boris was an idiot.
J
Why would anyone be bothered about trillions being wiped off USA trading markets. ? What matters is long term performance, not movement over a few days. I do not see many fund managers panicking .
Charming to describe Boris as an idiot . He managed our exit from the EU , saved many from death or financial ruin during the covid crisis and was extremely supportive of Uskraine
There are quite a few people I disagree with but have never had to resort to describing them as an idiot. That is the reserve of the internet warrior "Small movements over a few days is normal. Definitely. 2.5 Trillion dollars in 48 hours is not normal. By any metric. Using an incorrect formula to work out trade tariffs is stupid. If you don't see many fund managers panicking I'm going to suggest you don't know any fund managers. Making products your population purchase on a day to day basis up to 50% more expensive is stupid. Placing a 10% tariff on a country inhabited only by penguins is the dictionary definition of stupid. Why worry about trillions being wiped of the US markets? Er, because those are markets that every country in the world trades with. J | |||
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"Apart from the "utterly ridiculous" (read wrong) way the trade tariffs have been calculated, how is making products your population buys on a daily basis 50% (tariffs vary) more expensive make America Great? It makes them broke, plus every percentage added on is based on a lie. Not forgetting an imposed tariff on a country with zero population, other than penguins, that sells you fuck all makes zero sense at all. https://youtu.be/PWhv-06DNjE?si=6dz7J3KfawS8hb1k "You don't see the UK buying thousands of Dodge Rams do you???????" No, you half witted spoon, have you seen how wide our roads are and that petrol is 5 times more expensive than in the states...... Genius policy. Genius logic. Trillions wiped off US trading markets in 48 hours. Buffoon. And we thought Boris was an idiot.
J
Why would anyone be bothered about trillions being wiped off USA trading markets. ? What matters is long term performance, not movement over a few days. I do not see many fund managers panicking .
Charming to describe Boris as an idiot . He managed our exit from the EU , saved many from death or financial ruin during the covid crisis and was extremely supportive of Uskraine
There are quite a few people I disagree with but have never had to resort to describing them as an idiot. That is the reserve of the internet warrior "Pat.. 
So many profiles so little difference | |||
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"Apart from the "utterly ridiculous" (read wrong) way the trade tariffs have been calculated, how is making products your population buys on a daily basis 50% (tariffs vary) more expensive make America Great? It makes them broke, plus every percentage added on is based on a lie. Not forgetting an imposed tariff on a country with zero population, other than penguins, that sells you fuck all makes zero sense at all. https://youtu.be/PWhv-06DNjE?si=6dz7J3KfawS8hb1k "You don't see the UK buying thousands of Dodge Rams do you???????" No, you half witted spoon, have you seen how wide our roads are and that petrol is 5 times more expensive than in the states...... Genius policy. Genius logic. Trillions wiped off US trading markets in 48 hours. Buffoon. And we thought Boris was an idiot.
J
Why would anyone be bothered about trillions being wiped off USA trading markets. ? What matters is long term performance, not movement over a few days. I do not see many fund managers panicking .
Charming to describe Boris as an idiot . He managed our exit from the EU , saved many from death or financial ruin during the covid crisis and was extremely supportive of Uskraine
There are quite a few people I disagree with but have never had to resort to describing them as an idiot. That is the reserve of the internet warrior
Pat..
So many profiles so little difference "
J | |||
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"I suspect Starmer as a closet remainer will use it as an opportunity to move closer to EU stance. He wont be able to resist his natural urges. I expect retaliatory tariff reaction in line with his EU buddies and enough to make them think he is a good little eu stooge. " Why would you think that? Wouldn't that simply increase the tariff levels from 10% to the same as the EU? We have no change to our trade with any other countries, so we can potentially gain from this situation. | |||
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"What we are seeing with the US tariffs is not chaos, it’s a deliberate economic move by Trump to drive domestic industry and reduce dependency. Markets are always nervous because the capital doesn’t know where to go and they need it go somewhere, which is what we are seeing on the markets now. We should be learning from this, we’ve become too reliant on external supply chains and are exposed when global events change, more or less immediately. We only need to cast our mind back 5 years to covid, 4 years to the Evergreen stuck in the Suez and 2 years for bad weather in Spain and Morocco reducing fruit and veg on our supermarket shelves. Why criticise the US for putting resilience in their infrastructure, we should be doing the same, reducing our dependencies and investing in self sufficiency, it is going to cost us more but it will drive economic growth and greater self sufficiency. However, the media much prefer you to be screaming at Trump, rather than to present us with alternative outcomes that spark critical thinking and real debate about the direction of our country. " Totally agree. There are downsides to globalisation. The only ‘wrong’ thing Trump has done imo is in the nature of the implementation. Too blunt, too widescale & too fast. I don’t think it’s realistic to just flick a massive switch as he has done. Companies who have outsourced manufacturing etc need *some* time to adjust. | |||
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"Uk exports to USA Cars £9.0bn Medicines and pharmaceutical £6..6 bn Mech power generators £4.6bn Scientific instruments £2.4bn Aircraft £2.2bn The UK exported almost £60bn worth of goods to the US last year. 22% of uk exports impacted by these tariffs. That is dwarfed by the £100bn annual Brexit loss to the UK economy. Uk exports now £356 billion to the EU, representing 42% of all UK exports. Hopefully we can find alternative markets for these products. " There are no tariffs on UK - EU trade as long as goods meet the rules of origin, which is exactly why we should be focusing on increasing our domestic manufacturing. This is a point in time in which we should stop all of the Brexit / Remain nonsense, and Trump is bad to concentrate on our own domestic well being. | |||
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"What we are seeing with the US tariffs is not chaos, it’s a deliberate economic move by Trump to drive domestic industry and reduce dependency. Markets are always nervous because the capital doesn’t know where to go and they need it go somewhere, which is what we are seeing on the markets now. We should be learning from this, we’ve become too reliant on external supply chains and are exposed when global events change, more or less immediately. We only need to cast our mind back 5 years to covid, 4 years to the Evergreen stuck in the Suez and 2 years for bad weather in Spain and Morocco reducing fruit and veg on our supermarket shelves. Why criticise the US for putting resilience in their infrastructure, we should be doing the same, reducing our dependencies and investing in self sufficiency, it is going to cost us more but it will drive economic growth and greater self sufficiency. However, the media much prefer you to be screaming at Trump, rather than to present us with alternative outcomes that spark critical thinking and real debate about the direction of our country. Totally agree. There are downsides to globalisation. The only ‘wrong’ thing Trump has done imo is in the nature of the implementation. Too blunt, too widescale & too fast. I don’t think it’s realistic to just flick a massive switch as he has done. Companies who have outsourced manufacturing etc need *some* time to adjust." Agree, but the reality is Trump doesn't want to give time, if he did nothing would happen. Can you imagine the EU sitting at a table negotiating the start date, paint drying springs to mind.. | |||
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" Agree, but the reality is Trump doesn't want to give time, if he did nothing would happen. Can you imagine the EU sitting at a table negotiating the start date, paint drying springs to mind.. "I think it’s at least equally to do with he himself having limited time to implement policy. Mid term elections could see big pushbacks if it doesn’t go well. So it’s shit or bust if you like. | |||
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" Agree, but the reality is Trump doesn't want to give time, if he did nothing would happen. Can you imagine the EU sitting at a table negotiating the start date, paint drying springs to mind..
I think it’s at least equally to do with he himself having limited time to implement policy.
Mid term elections could see big pushbacks if it doesn’t go well.
So it’s shit or bust if you like."
I believe we should use this time to seriously invest in our own growth, reduce our dependencies as much as possible, and set out a clear strategy for the next 20 years.
Successive governments can adjust it to respond to global change, but the core plan should remain in place and become a key pledge for all parties to sign up to. | |||
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"These tariffs are Trumps brexit. There will be no upside for the USA. " As it might turn out to be, but I have got to be honest that is not something I'm worried about too much.. We can capitalise on that, if we are switched on enough.. | |||
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" Agree, but the reality is Trump doesn't want to give time, if he did nothing would happen. Can you imagine the EU sitting at a table negotiating the start date, paint drying springs to mind..
I think it’s at least equally to do with he himself having limited time to implement policy.
Mid term elections could see big pushbacks if it doesn’t go well.
So it’s shit or bust if you like.
I believe we should use this time to seriously invest in our own growth, reduce our dependencies as much as possible, and set out a clear strategy for the next 20 years.
Successive governments can adjust it to respond to global change, but the core plan should remain in place and become a key pledge for all parties to sign up to. "That is a very long haul Agriculture significantly reduced Manufacturing reduced from 30% gdp to 9% in last 50 years 71.5% new cars registered are from overseas 40-50% food imported while 37% of farms have closed in last 52 years Added to all our other problems. | |||
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"These tariffs are Trumps brexit. There will be no upside for the USA. As it might turn out to be, but I have got to be honest that is not something I'm worried about too much.. We can capitalise on that, if we are switched on enough.. " Would like to share your enthusiasm but we are ill prepared for any expansion at this time. Still squabbling over brexit; only five new trade deals done. | |||
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"These tariffs are Trumps brexit. There will be no upside for the USA. As it might turn out to be, but I have got to be honest that is not something I'm worried about too much.. We can capitalise on that, if we are switched on enough.. Would like to share your enthusiasm but we are ill prepared for any expansion at this time. Still squabbling over brexit; only five new trade deals done. " That is my point, we can allow ourselves to be continuously be dragged down into the shadows of hindsight until we rejoin the EU, or we get on and strengthen our economy and infrastructure. There’s far too much silence around our growth opportunities with the EU, it’s treated like a ship that’s already sailed.. However, there are a lot of opportunities if we can ramp up our own manufacturing and actually have plan the people of the UK can get behind. | |||
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" Agree, but the reality is Trump doesn't want to give time, if he did nothing would happen. Can you imagine the EU sitting at a table negotiating the start date, paint drying springs to mind..
I think it’s at least equally to do with he himself having limited time to implement policy.
Mid term elections could see big pushbacks if it doesn’t go well.
So it’s shit or bust if you like.
I believe we should use this time to seriously invest in our own growth, reduce our dependencies as much as possible, and set out a clear strategy for the next 20 years.
Successive governments can adjust it to respond to global change, but the core plan should remain in place and become a key pledge for all parties to sign up to.
That is a very long haul
Agriculture significantly reduced
Manufacturing reduced from 30% gdp to 9% in last 50 years
71.5% new cars registered are from overseas
40-50% food imported while 37% of farms have closed in last 52 years
Added to all our other problems.
"China and India are the best working examples I can give for longterm strategic planning at a national level that worked. Our weakness is ensuring it is a national commitment that all parties agree, a domestic plan for UK growth. If can have cross party support, there is no reason why we can't achieve. | |||
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" China and India are the best working examples I can give for longterm strategic planning at a national level that worked. Our weakness is ensuring it is a national commitment that all parties agree, a domestic plan for UK growth. If can have cross party support, there is no reason why we can't achieve. " In the case of China, they have a distinct advantage - one party government. Their way or no way. It’s the downside of being a liberal democracy. You are open to continual shifts in policy at the ballot box. That said, in the UK both Con/Lab have pursued neoliberalism since Thatcher. We now see some of the downsides. We don’t make stuff anymore, we just gorge on cheap stuff from China whilst serving Coffee to each other. | |||
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" China and India are the best working examples I can give for longterm strategic planning at a national level that worked. Our weakness is ensuring it is a national commitment that all parties agree, a domestic plan for UK growth. If can have cross party support, there is no reason why we can't achieve. In the case of China, they have a distinct advantage - one party government. Their way or no way. It’s the downside of being a liberal democracy. You are open to continual shifts in policy at the ballot box. That said, in the UK both Con/Lab have pursued neoliberalism since Thatcher. We now see some of the downsides. We don’t make stuff anymore, we just gorge on cheap stuff from China whilst serving Coffee to each other." On the Portillo show this morning it was mentioned that we pay less now for consumer goods (I’m not so sure )than in the 80’s. What I have noticed, is nearly everything is arriving from China. It maybe that the price has dropped but along with that so has the quality | |||
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"Now is the time to invest in stocks & shares whilst in this Bear market … get them cheap and watch them grow when the Bull market arrives … " I agree, if Starmer can pull off a trade deal with US the FTSE could soar. | |||
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" On the Portillo show this morning it was mentioned that we pay less now for consumer goods (I’m not so sure )than in the 80’s. What I have noticed, is nearly everything is arriving from China. It maybe that the price has dropped but along with that so has the quality " China manufactures 30% of everything on the globe. It would be interesting how those exports are distributed. Range tycoon Chris Dawson says his stores would empty if not for Chinese imports. | |||
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" On the Portillo show this morning it was mentioned that we pay less now for consumer goods (I’m not so sure )than in the 80’s. What I have noticed, is nearly everything is arriving from China. It maybe that the price has dropped but along with that so has the quality China manufactures 30% of everything on the globe. It would be interesting how those exports are distributed. Range tycoon Chris Dawson says his stores would empty if not for Chinese imports. " Chinese crap everywhere 🙄 | |||
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