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Trump's Tariffs
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"The US is imposing trade tariffs on steel and aluminium as of midnight.
These tariffs include the EU exporters."
Now this is highlighting why being in the EU is damaging to the UK. President Trump has made no secret about the fact he dislikes the EU, and now because we are still a member of the EU these tariffs will affect us. Sooner we leave and develop our own independent relationship with the USA the better, especially as President Trump has admitted he is an Anglophile. We desperately need to develop our own independent relationship with the USA, free from the EU. |
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By *oi_LucyCouple
over a year ago
Barbados |
"The US is imposing trade tariffs on steel and aluminium as of midnight.
These tariffs include the EU exporters.
Now this is highlighting why being in the EU is damaging to the UK. President Trump has made no secret about the fact he dislikes the EU, and now because we are still a member of the EU these tariffs will affect us. Sooner we leave and develop our own independent relationship with the USA the better, especially as President Trump has admitted he is an Anglophile. We desperately need to develop our own independent relationship with the USA, free from the EU. "
Yup. Sooner we leave the EU, the sooner the US can screw us even harder. Yay!
-Matt |
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Yep Trump 'making America great again' by forcing yanks to pay more for stuff they don't and cant produce because those who now fact paying those tariffs will just pass the cost (plus extra to cover administration and the 'bugger you bastards' surcharge) on to those who have no choice but to import or go out of business. But hey Trump has form for not paying his tab. Seems he is now going to attempt to have America do to the world what he has been doing to his suppliers and contractors all his adult life.
This is going to get messy for Trumps America very quickly, and just before the midterms... lol |
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By *LCCCouple
over a year ago
Cambridge |
"The US is imposing trade tariffs on steel and aluminium as of midnight.
These tariffs include the EU exporters.
Now this is highlighting why being in the EU is damaging to the UK. President Trump has made no secret about the fact he dislikes the EU, and now because we are still a member of the EU these tariffs will affect us. Sooner we leave and develop our own independent relationship with the USA the better, especially as President Trump has admitted he is an Anglophile. We desperately need to develop our own independent relationship with the USA, free from the EU. "
Canada isn't in the EU and they are still getting hit. 
Poor Centaur, you are so used to blaming the EU for everything, you have lost all critical thinking skills. What will you do once we have left? Who will be you blame everything on? |
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"Poor Centaur, you are so used to blaming the EU for everything, you have lost all critical thinking skills. What will you do once we have left? Who will be you blame everything on?"
It will all be the Remoaners fault... |
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"Poor Centaur, you are so used to blaming the EU for everything, you have lost all critical thinking skills. What will you do once we have left? Who will be you blame everything on?"
So that would be you!
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By *abioMan
over a year ago
Newcastle and Gateshead |
"
Now this is highlighting why being in the EU is damaging to the UK. President Trump has made no secret about the fact he dislikes the EU, and now because we are still a member of the EU these tariffs will affect us. Sooner we leave and develop our own independent relationship with the USA the better, especially as President Trump has admitted he is an Anglophile. We desperately need to develop our own independent relationship with the USA, free from the EU. "
centy... did you have this hot take ready before the actually story hits.... this is some serious Generic "hot take" rubbish without having a clue on the subject you are actually talking about.....  |
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"Yep Trump 'making America great again' by forcing yanks to pay more for stuff they don't and cant produce because those who now fact paying those tariffs will just pass the cost (plus extra to cover administration and the 'bugger you bastards' surcharge) on to those who have no choice but to import or go out of business. But hey Trump has form for not paying his tab. Seems he is now going to attempt to have America do to the world what he has been doing to his suppliers and contractors all his adult life.
This is going to get messy for Trumps America very quickly, and just before the midterms... lol"
"Forcing yanks to pay more for stuff they don't and can't produce"? Will you do realise this is about steel and aluminium. America produces it's own steel and aluminium, mainly in the rust belt who voted for Trump in big numbers. America will be buying less foreign steel and aluminium from now on, more from the American rust belt. So great for jobs in rust belt then. |
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By *abioMan
over a year ago
Newcastle and Gateshead |
"Yep Trump 'making America great again' by forcing yanks to pay more for stuff they don't and cant produce because those who now fact paying those tariffs will just pass the cost (plus extra to cover administration and the 'bugger you bastards' surcharge) on to those who have no choice but to import or go out of business. But hey Trump has form for not paying his tab. Seems he is now going to attempt to have America do to the world what he has been doing to his suppliers and contractors all his adult life.
This is going to get messy for Trumps America very quickly, and just before the midterms... lol
"Forcing yanks to pay more for stuff they don't and can't produce"? Will you do realise this is about steel and aluminium. America produces it's own steel and aluminium, mainly in the rust belt who voted for Trump in big numbers. America will be buying less foreign steel and aluminium from now on, more from the American rust belt. So great for jobs in rust belt then. "
no.... all that will end up happening is that everything will cost US consumers more...... US made steel wont come down because they still have their own overheads they will have to cover...., everything else will go up to meet that price!!!!!
and that doesn't even take into consideration there are specialist types of steel that the US just doesn't make anymore
thats why a lot of US industry do not want this move.... you kill the markets they export to, and you hike the prices of internal products!!!!! |
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"The US is imposing trade tariffs on steel and aluminium as of midnight.
These tariffs include the EU exporters.
Now this is highlighting why being in the EU is damaging to the UK. President Trump has made no secret about the fact he dislikes the EU, and now because we are still a member of the EU these tariffs will affect us. Sooner we leave and develop our own independent relationship with the USA the better, especially as President Trump has admitted he is an Anglophile. We desperately need to develop our own independent relationship with the USA, free from the EU.
Canada isn't in the EU and they are still getting hit.
Poor Centaur, you are so used to blaming the EU for everything, you have lost all critical thinking skills. What will you do once we have left? Who will be you blame everything on?"
It's also going to hit Mexico who are not in the EU either, but the Canada and Mexico situation has nothing to do with us. The fact is the UK is being hit with this tariff because we ARE currently a member of the EU. Trump has his own separate problems with Canada and Mexico too. We've always been told that being in the EU is good for British trade, well not in this case! Once we leave the EU and can develop our own independent relationship with the USA, free from the EU, then we shall see what happens. I'm quietly confident. I think a lot of you remoaners will be in for a huge shock when Trump shows favour to the UK. Maybe that's why you're all hell bent on trying to damage uk/USA relations and you'll all be out on the street in hysterics when he visits here. |
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"Yep Trump 'making America great again' by forcing yanks to pay more for stuff they don't and cant produce because those who now fact paying those tariffs will just pass the cost (plus extra to cover administration and the 'bugger you bastards' surcharge) on to those who have no choice but to import or go out of business. But hey Trump has form for not paying his tab. Seems he is now going to attempt to have America do to the world what he has been doing to his suppliers and contractors all his adult life.
This is going to get messy for Trumps America very quickly, and just before the midterms... lol
"Forcing yanks to pay more for stuff they don't and can't produce"? Will you do realise this is about steel and aluminium. America produces it's own steel and aluminium, mainly in the rust belt who voted for Trump in big numbers. America will be buying less foreign steel and aluminium from now on, more from the American rust belt. So great for jobs in rust belt then.
no.... all that will end up happening is that everything will cost US consumers more...... US made steel wont come down because they still have their own overheads they will have to cover...., everything else will go up to meet that price!!!!!
and that doesn't even take into consideration there are specialist types of steel that the US just doesn't make anymore
thats why a lot of US industry do not want this move.... you kill the markets they export to, and you hike the prices of internal products!!!!!"
Fabio, try watching the news sometime. It was suggested months ago that US Steel and aluminium producers could start to produce their own specialist steels and aluminiums which they currently import. The plants are already there in the rust belt, just a few modifications needed. And you (and anyone else) really shouldn't be surprised Trump has made this move, he said he would on his campaign trail. |
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""Forcing yanks to pay more for stuff they don't and can't produce"? Will you do realise this is about steel and aluminium. America produces it's own steel and aluminium, mainly in the rust belt who voted for Trump in big numbers. America will be buying less foreign steel and aluminium from now on, more from the American rust belt. So great for jobs in rust belt then. "
Actually it is not, it is about things like single Chrystal alloy turbine blades that are grown/made in a single RR facility in Derby for the whole world and alloys that are subject to worldwide patent and copy-write protections that Trump thinks he can leverage out of the rest of the world for the benefit of his friends and financial supporters. And considering that Australia produces about 90% of the worlds aluminium and the USA 1.3% whereas Australia consumes less than 1% of the wolds aluminium and the USA nearly 30%, who do you think holds the upper hand there? Who dictates terms? Same with the aircraft industry? USA or RR and by extension the UK/EU? i can go on but I doubt very much if there is any point so you believe what you like centy. |
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""Forcing yanks to pay more for stuff they don't and can't produce"? Will you do realise this is about steel and aluminium. America produces it's own steel and aluminium, mainly in the rust belt who voted for Trump in big numbers. America will be buying less foreign steel and aluminium from now on, more from the American rust belt. So great for jobs in rust belt then.
Actually it is not, it is about things like single Chrystal alloy turbine blades that are grown/made in a single RR facility in Derby for the whole world and alloys that are subject to worldwide patent and copy-write protections that Trump thinks he can leverage out of the rest of the world for the benefit of his friends and financial supporters. And considering that Australia produces about 90% of the worlds aluminium and the USA 1.3% whereas Australia consumes less than 1% of the wolds aluminium and the USA nearly 30%, who do you think holds the upper hand there? Who dictates terms? Same with the aircraft industry? USA or RR and by extension the UK/EU? i can go on but I doubt very much if there is any point so you believe what you like centy."
So now you get your knickers in a twist about patents and copyright? LOL! What about all the knock off copies of worldwide patents that have been coming out of China for decades???? Where is your faux outrage about that Will? Oh of course, it's because Trump isn't Chinese is he |
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"The US is imposing trade tariffs on steel and aluminium as of midnight.
These tariffs include the EU exporters.
Now this is highlighting why being in the EU is damaging to the UK. President Trump has made no secret about the fact he dislikes the EU, and now because we are still a member of the EU these tariffs will affect us. Sooner we leave and develop our own independent relationship with the USA the better, especially as President Trump has admitted he is an Anglophile. We desperately need to develop our own independent relationship with the USA, free from the EU.
Canada isn't in the EU and they are still getting hit.
Poor Centaur, you are so used to blaming the EU for everything, you have lost all critical thinking skills. What will you do once we have left? Who will be you blame everything on?
It's also going to hit Mexico who are not in the EU either, but the Canada and Mexico situation has nothing to do with us. The fact is the UK is being hit with this tariff because we ARE currently a member of the EU. Trump has his own separate problems with Canada and Mexico too. We've always been told that being in the EU is good for British trade, well not in this case! Once we leave the EU and can develop our own independent relationship with the USA, free from the EU, then we shall see what happens. I'm quietly confident. I think a lot of you remoaners will be in for a huge shock when Trump shows favour to the UK. Maybe that's why you're all hell bent on trying to damage uk/USA relations and you'll all be out on the street in hysterics when he visits here. "
Im guessing that you're neither an economist nor a business analyst......... |
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"The US is imposing trade tariffs on steel and aluminium as of midnight.
These tariffs include the EU exporters.
Now this is highlighting why being in the EU is damaging to the UK. President Trump has made no secret about the fact he dislikes the EU, and now because we are still a member of the EU these tariffs will affect us. Sooner we leave and develop our own independent relationship with the USA the better, especially as President Trump has admitted he is an Anglophile. We desperately need to develop our own independent relationship with the USA, free from the EU.
Canada isn't in the EU and they are still getting hit.
Poor Centaur, you are so used to blaming the EU for everything, you have lost all critical thinking skills. What will you do once we have left? Who will be you blame everything on?
It's also going to hit Mexico who are not in the EU either, but the Canada and Mexico situation has nothing to do with us. The fact is the UK is being hit with this tariff because we ARE currently a member of the EU. Trump has his own separate problems with Canada and Mexico too. We've always been told that being in the EU is good for British trade, well not in this case! Once we leave the EU and can develop our own independent relationship with the USA, free from the EU, then we shall see what happens. I'm quietly confident. I think a lot of you remoaners will be in for a huge shock when Trump shows favour to the UK. Maybe that's why you're all hell bent on trying to damage uk/USA relations and you'll all be out on the street in hysterics when he visits here.
Im guessing that you're neither an economist nor a business analyst........."
You mean like all those economists and business analysts that said Remain would win the EU referendum and Clinton would win the US Presidency? What a bunch of fools the majority of them ended up looking like, I'm glad not to be classed in the same camp as them. I predicted on here Leave would win the referendum and Trump would win the Presidency. Who turned out to be correct? |
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"The US is imposing trade tariffs on steel and aluminium as of midnight.
These tariffs include the EU exporters.
Now this is highlighting why being in the EU is damaging to the UK. President Trump has made no secret about the fact he dislikes the EU, and now because we are still a member of the EU these tariffs will affect us. Sooner we leave and develop our own independent relationship with the USA the better, especially as President Trump has admitted he is an Anglophile. We desperately need to develop our own independent relationship with the USA, free from the EU.
Canada isn't in the EU and they are still getting hit.
Poor Centaur, you are so used to blaming the EU for everything, you have lost all critical thinking skills. What will you do once we have left? Who will be you blame everything on?
It's also going to hit Mexico who are not in the EU either, but the Canada and Mexico situation has nothing to do with us. The fact is the UK is being hit with this tariff because we ARE currently a member of the EU. Trump has his own separate problems with Canada and Mexico too. We've always been told that being in the EU is good for British trade, well not in this case! Once we leave the EU and can develop our own independent relationship with the USA, free from the EU, then we shall see what happens. I'm quietly confident. I think a lot of you remoaners will be in for a huge shock when Trump shows favour to the UK. Maybe that's why you're all hell bent on trying to damage uk/USA relations and you'll all be out on the street in hysterics when he visits here.
Im guessing that you're neither an economist nor a business analyst.........
You mean like all those economists and business analysts that said Remain would win the EU referendum and Clinton would win the US Presidency? What a bunch of fools the majority of them ended up looking like, I'm glad not to be classed in the same camp as them. I predicted on here Leave would win the referendum and Trump would win the Presidency. Who turned out to be correct? "
The fact remains that you clearly have no understanding of a) how international trade works b) how a trade war will affect global economies or c) what the implications are for the UK in future trade negotiations. The fact that you're Mystic Meg's brother is entirely irrelevant |
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By *abioMan
over a year ago
Newcastle and Gateshead |
you see centy.... you are only looking at this as a one way thing.... the stuff going into the us!!!
but here is the kicker... where are the no.1, the no.3 and the no.4 places in terms of money raised from us exports....
no.1 is the EU
no.3 is Canada
no.4 is mexico
25% of us made steel is exported where..... canada!!!! they are furious, and have slapped like for like tariffs on!!!
the EU will slapped on 7.5 billion dollars of tariffs...... Canada have said they will slap on 2 billion dollars worth of tariffs.....
and if you don't think the EU are going to be super smart with what the tariffs go on....
harley davidson bikes.... where are they made.... wisconsin
bourbon whiskey (you may want to buy you jim bean/jack daniels now).... where are they made.... kentucky
boeing are probably shitting themselves right now.... levi jeans for example made all over the country.....
add to that china who can cripple US farmers in the heartland but putting tariffs on maize.....
they will target the places trump thinks he will win........ |
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By *ercury OP Man
over a year ago
Grantham |
""Forcing yanks to pay more for stuff they don't and can't produce"? Will you do realise this is about steel and aluminium. America produces it's own steel and aluminium, mainly in the rust belt who voted for Trump in big numbers. America will be buying less foreign steel and aluminium from now on, more from the American rust belt. So great for jobs in rust belt then.
Actually it is not, it is about things like single Chrystal alloy turbine blades that are grown/made in a single RR facility in Derby for the whole world and alloys that are subject to worldwide patent and copy-write protections that Trump thinks he can leverage out of the rest of the world for the benefit of his friends and financial supporters. And considering that Australia produces about 90% of the worlds aluminium and the USA 1.3% whereas Australia consumes less than 1% of the wolds aluminium and the USA nearly 30%, who do you think holds the upper hand there? Who dictates terms? Same with the aircraft industry? USA or RR and by extension the UK/EU? i can go on but I doubt very much if there is any point so you believe what you like centy."
I think you may have got confused with the aluminium issue.
China is the world's biggest producer by far, followed by Russia and then Canada.
Australia, I think, produces the most Alumina ore.
The UK has just one aluminium smelter left, near Fort William. You need vast amounts of power to smelt Alumina into Aluminium, and they use the Lochaber hydro-electric scheme. |
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"The US is imposing trade tariffs on steel and aluminium as of midnight.
These tariffs include the EU exporters.
Now this is highlighting why being in the EU is damaging to the UK. President Trump has made no secret about the fact he dislikes the EU, and now because we are still a member of the EU these tariffs will affect us. Sooner we leave and develop our own independent relationship with the USA the better, especially as President Trump has admitted he is an Anglophile. We desperately need to develop our own independent relationship with the USA, free from the EU. "
You're in for *such* a surprise (and it's gonna be a nasty one) when the time comes for a UK-US negotiation. The "Anglophile" BS will count for shit. If you think Trump will be charitable towards the UK, you've got another thing coming.
Btw, Liam Fox, after pleading "a special case" for the UK, as a key ally of the US, with his US counterparts, he called the tariffs "patently absurd" and warned that "the UK and the EU stand ready to retaliate" as well as that "we do not rule out counter measures and we do not rule out taking a dispute to the WTO at Geneva" amongst other things. (Just reported on itv news).
Says it all really. |
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"The US is imposing trade tariffs on steel and aluminium as of midnight.
These tariffs include the EU exporters.
Now this is highlighting why being in the EU is damaging to the UK. President Trump has made no secret about the fact he dislikes the EU, and now because we are still a member of the EU these tariffs will affect us. Sooner we leave and develop our own independent relationship with the USA the better, especially as President Trump has admitted he is an Anglophile. We desperately need to develop our own independent relationship with the USA, free from the EU.
You're in for *such* a surprise (and it's gonna be a nasty one) when the time comes for a UK-US negotiation. The "Anglophile" BS will count for shit. If you think Trump will be charitable towards the UK, you've got another thing coming.
Btw, Liam Fox, after pleading "a special case" for the UK, as a key ally of the US, with his US counterparts, he called the tariffs "patently absurd" and warned that "the UK and the EU stand ready to retaliate" as well as that "we do not rule out counter measures and we do not rule out taking a dispute to the WTO at Geneva" amongst other things. (Just reported on itv news).
Says it all really."
Oh really I thought it was France who had the new Special relationship according to remoaners and Macron was the blue eyed boy? Seems Macron's input didn't count for shit. As for Merkel, Trump despises her anyway. As for the uk-usa relationship after Brexit, well that remains to be seen, all speculation and guesswork on your part, as you are assuming mine is. Time will tell who is right. One thing remains certain at this moment, our membership of the EU means we are getting hit with these increased tariffs. It's a tariff against the EU which is affecting the UK while we remain a member. As for your comments about Liam Fox, he can't plead a special case for the UK while we remain a member of the EU, it's an EU wide tariff which affects ALL member states. Liam Fox will only be able to put forward a special case for the UK after Brexit, when we are no longer in the EU. |
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"The US is imposing trade tariffs on steel and aluminium as of midnight.
These tariffs include the EU exporters.
Now this is highlighting why being in the EU is damaging to the UK. President Trump has made no secret about the fact he dislikes the EU, and now because we are still a member of the EU these tariffs will affect us. Sooner we leave and develop our own independent relationship with the USA the better, especially as President Trump has admitted he is an Anglophile. We desperately need to develop our own independent relationship with the USA, free from the EU.
You're in for *such* a surprise (and it's gonna be a nasty one) when the time comes for a UK-US negotiation. The "Anglophile" BS will count for shit. If you think Trump will be charitable towards the UK, you've got another thing coming.
Btw, Liam Fox, after pleading "a special case" for the UK, as a key ally of the US, with his US counterparts, he called the tariffs "patently absurd" and warned that "the UK and the EU stand ready to retaliate" as well as that "we do not rule out counter measures and we do not rule out taking a dispute to the WTO at Geneva" amongst other things. (Just reported on itv news).
Says it all really.
Oh really I thought it was France who had the new Special relationship according to remoaners and Macron was the blue eyed boy? Seems Macron's input didn't count for shit. As for Merkel, Trump despises her anyway. As for the uk-usa relationship after Brexit, well that remains to be seen, all speculation and guesswork on your part, as you are assuming mine is. Time will tell who is right. One thing remains certain at this moment, our membership of the EU means we are getting hit with these increased tariffs. It's a tariff against the EU which is affecting the UK while we remain a member. As for your comments about Liam Fox, he can't plead a special case for the UK while we remain a member of the EU, it's an EU wide tariff which affects ALL member states. Liam Fox will only be able to put forward a special case for the UK after Brexit, when we are no longer in the EU. "
Ok, keep telling yourself that. |
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"I think you may have got confused with the aluminium issue.
China is the world's biggest producer by far, followed by Russia and then Canada.
Australia, I think, produces the most Alumina ore.
The UK has just one aluminium smelter left, near Fort William. You need vast amounts of power to smelt Alumina into Aluminium, and they use the Lochaber hydro-electric scheme."
Nope, no confusion here...
99% of the worlds aluminium is refined from Bauxite, 90% of the world bauxite is mined (and for the most part put through stage 1 refinement) in Australia. Therefore it is only logical to assume that 90% (or there abouts) or the worlds aluminium comes from Australia (I used similar logic when it came to US aluminium production), and I still ask the same question. But this time I will point out that when China tried to turn the screws on Australia because they are the biggest importer of raw aluminium in the world RTZ (that is Rio Tinto Zinc) just shut down production for China and said they could swivel! China backed down in days. How do you think Trump and the US are going to do? I bet that in days Australia have a deal removing them from the tarifs. How long do you think it will take for others to follow suit and bend Trum over and right royally arse fuck him and his 'make america great again'?
I expect that Trump is about to find out trade wars are not easy to win, especially if he pisses off China and they foreclose (maybe a couple of weeks or month before the midterms).
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By *oo hotCouple
over a year ago
North West |
I find it incredible that anyone would think that the United States would be interested in anything other than a one sided America First deal with the U.K. Even without any Trump influence, it will be a deal that reflects the comparative size of the two economies. Mates rates (not that we are mates anymore) do not exist in international trade deals. With the Trump effect, the deal would be even more punitive to prove to his supporters that America needs to break down big trading blocks to get better deals with individual countries. |
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By *ercury OP Man
over a year ago
Grantham |
"I think you may have got confused with the aluminium issue.
China is the world's biggest producer by far, followed by Russia and then Canada.
Australia, I think, produces the most Alumina ore.
The UK has just one aluminium smelter left, near Fort William. You need vast amounts of power to smelt Alumina into Aluminium, and they use the Lochaber hydro-electric scheme.
Nope, no confusion here...
99% of the worlds aluminium is refined from Bauxite, 90% of the world bauxite is mined (and for the most part put through stage 1 refinement) in Australia. Therefore it is only logical to assume that 90% (or there abouts) or the worlds aluminium comes from Australia (I used similar logic when it came to US aluminium production), and I still ask the same question. But this time I will point out that when China tried to turn the screws on Australia because they are the biggest importer of raw aluminium in the world RTZ (that is Rio Tinto Zinc) just shut down production for China and said they could swivel! China backed down in days. How do you think Trump and the US are going to do? I bet that in days Australia have a deal removing them from the tarifs. How long do you think it will take for others to follow suit and bend Trum over and right royally arse fuck him and his 'make america great again'?
I expect that Trump is about to find out trade wars are not easy to win, especially if he pisses off China and they foreclose (maybe a couple of weeks or month before the midterms).
"
I should check your figures. Australia accounts for about 30% of world bauxite production, not 90%.
China is the biggest producer of usable aluminium by far. |
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By *oi_LucyCouple
over a year ago
Barbados |
"I find it incredible that anyone would think that the United States would be interested in anything other than a one sided America First deal with the U.K. Even without any Trump influence, it will be a deal that reflects the comparative size of the two economies. Mates rates (not that we are mates anymore) do not exist in international trade deals. With the Trump effect, the deal would be even more punitive to prove to his supporters that America needs to break down big trading blocks to get better deals with individual countries."
The bit that gets me in all this, is how those that support brexit seem to be completely unable to understand that if we get nasty, then the other side will get nasty too. And vice versa.
"To hell with you foreign lands, we will grow/produce everything we will need!.... oh wait, what? Why don't you want to buy stuff from us?"
-Matt |
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"I should check your figures. Australia accounts for about 30% of world bauxite production, not 90%.
China is the biggest producer of usable aluminium by far."
I believe if you do some digging you will find that Australia exports 30% of of the worlds bauxite. And yes, china does produce more USABLE aluminium than any other country in the world. But Australia supplies virtually all the aluminium oxide used to make that usable aluminium. Apparently it is the reduction of the oxide to a metal that is most energy intensive and RTZ and Australia are happy to add the maximum value for the least investment and leave others to do the heavy lifting.
Of course I may have it all wrong. |
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Canadians were proper pissed off that the excuse given for the new tariffs was "national security threat". Troudeau sounded almost hurt when he said "to say, after our soldiers fought and died side by side with our American brothers, that we are a national security threat, is inconceivable".
I don't blame him  |
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By (user no longer on site)
over a year ago
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"I find it incredible that anyone would think that the United States would be interested in anything other than a one sided America First deal with the U.K. Even without any Trump influence, it will be a deal that reflects the comparative size of the two economies. Mates rates (not that we are mates anymore) do not exist in international trade deals. With the Trump effect, the deal would be even more punitive to prove to his supporters that America needs to break down big trading blocks to get better deals with individual countries."
Ive tried explaining this so often.
Trade deals seem to be determine by 3 things in conjunction or individually.
Economies of size or scale, America doesn't like the EU as the dislike smaller economies using collective bargining power.
How desperate is one nation to access anothers' markets? Everyone wants to sell but if there's a very uncompetitive market or that another nation is gobeling a resource up like mad then sellers want market accesss and that reflects in the trade desl.
Does one market have a resource highly in demand? No? Well, nobody is going to be looking to make excemptions for you are they?
"But America's our friend!" Anglophile emotions count for jack shit when the POTUS answers to investors and big buisness. |
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By (user no longer on site)
over a year ago
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"I find it incredible that anyone would think that the United States would be interested in anything other than a one sided America First deal with the U.K. Even without any Trump influence, it will be a deal that reflects the comparative size of the two economies. Mates rates (not that we are mates anymore) do not exist in international trade deals. With the Trump effect, the deal would be even more punitive to prove to his supporters that America needs to break down big trading blocks to get better deals with individual countries.
Ive tried explaining this so often.
Trade deals seem to be determine by 3 things in conjunction or individually.
Economies of size or scale, America doesn't like the EU as the dislike smaller economies using collective bargining power.
How desperate is one nation to access anothers' markets? Everyone wants to sell but if there's a very uncompetitive market or that another nation is gobeling a resource up like mad then sellers want market accesss and that reflects in the trade desl.
Does one market have a resource highly in demand? No? Well, nobody is going to be looking to make excemptions for you are they?
"But America's our friend!" Anglophile emotions count for jack shit when the POTUS answers to investors and big buisness."
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"I should check your figures. Australia accounts for about 30% of world bauxite production, not 90%.
China is the biggest producer of usable aluminium by far.
I believe if you do some digging you will find that Australia exports 30% of of the worlds bauxite. And yes, china does produce more USABLE aluminium than any other country in the world. But Australia supplies virtually all the aluminium oxide used to make that usable aluminium. Apparently it is the reduction of the oxide to a metal that is most energy intensive and RTZ and Australia are happy to add the maximum value for the least investment and leave others to do the heavy lifting.
Of course I may have it all wrong."
Heavy lifting??? Its aluminium!!! |
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By *asyukMan
over a year ago
West London |
"The US is imposing trade tariffs on steel and aluminium as of midnight.
These tariffs include the EU exporters.
Now this is highlighting why being in the EU is damaging to the UK. President Trump has made no secret about the fact he dislikes the EU, and now because we are still a member of the EU these tariffs will affect us. Sooner we leave and develop our own independent relationship with the USA the better, especially as President Trump has admitted he is an Anglophile. We desperately need to develop our own independent relationship with the USA, free from the EU. "
This is your definition of "taking back control"?
Hoping that one man will grace us with his largesse?
The word "desperate" doesn't imply a position of negotiating strength to me. What do you think?
Just as an aside, does a trade union have more negotiating power than an individual? |
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By *mmabluTV/TS
over a year ago
upton wirral |
"The US is imposing trade tariffs on steel and aluminium as of midnight.
These tariffs include the EU exporters.
Now this is highlighting why being in the EU is damaging to the UK. President Trump has made no secret about the fact he dislikes the EU, and now because we are still a member of the EU these tariffs will affect us. Sooner we leave and develop our own independent relationship with the USA the better, especially as President Trump has admitted he is an Anglophile. We desperately need to develop our own independent relationship with the USA, free from the EU. "
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By *oo hotCouple
over a year ago
North West |
Big news today is that Harley Davidson is moving some production out of the United States to protect their European Dealerships from the EU's retaliatory tariffs. This is the exact opposite of what Trump promised would happen to Harley Davidson. HD sold 40,000 bikes in Europe last year and they say that the average price increase will be more than €2,000 per machine and that is unsustainable for their Dealers.
In other related news... Mid Continent Nail Corporation in Missouri has seen a 50% drop in business over the last two weeks as the cost of steel for their nails (imported or otherwise) has made the price of their finished nails uncompetitive. 60 part-time staff have already gone, with another 200 facing the chop in July unless they can get a tariff exemption.
Maybe trade wars aren’t “good and easy to win” as Trump once claimed.... |
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