You are the one trying to make the case that the tariffs are about reshoring the US manufacturing base. I'm just speculating about whether it will really happen or not.
The EU isn’t going accept their shitty farm produce any time soon. The average American buying French cheese, Italian wine and German cars won’t have a problem paying the price hikes.In relation to Canada and the EU, the tariffs are more political in seeking trade equalisation and removal of trade barriers to address trade deficits. This aggression isn’t likely to backfire in my estimation.
The EU isn’t going accept their shitty farm produce any time soon. The average American buying French cheese, Italian wine and German cars won’t have a problem paying the price hikes.
The EU isn’t going accept their shitty farm produce any time soon. The average American buying French cheese, Italian wine and German cars won’t have a problem paying the price hikes.
I don't disagree. I think all meat for sale should be organic standards.To be fair they have their own
There is no ethical moral ground on animal slaughter
She is under scrutiny as she is in charge of our economic outlook and she is pitifully out of her depth.
I might agree with you, I might not re: her policies and decision making process. I'm still confused by people who defend the US approach which is totally incompetent from an objective POV dismissing her with the terms you're using. Weird inconsistency that suggests misogyny to me, especially as Trump is, you know, a massive misogynist.
Yet you're here defending the disinformation being pushed by Trump.How can you judge a policy that is 2 days old enough to call it incompetent?
Rachel Reeves had to call an emergency budget to correct the cause set by autumn budget. Even then, it appears that she hasn’t accounted for the Trump Tariffs because it’s set to wipe out her ‘fiscal headroom’ so the prospect of tax rises, spending cuts and raids on savings is a very real prospect.
Considering she’s staked her chancellorship on being the most pro-growth in recent years, she’s failing dramatically (by her own standards) as the growth forecasts have been revised down from the last government, its rather humiliating for her because her policies have been cited as the reason for the downgrades.
It’s also emerged that her CV was embellished hence the nickname ‘Rachel from accounts’.
Yet you're here defending the disinformation being pushed by Trump.
How can you judge a policy that is 2 days old...
The numbers on his gameshow board are utter bollocks and calculated based on trade deficits.What is disinformation? The main targets of the tariffs; EU, Canada, China, Vietnam and so on have more tariffs on US goods.
The US had one of the lowest tariff regimes globally. That is a fact.
Because lots of people who know what they're talking about say it's a sh*tshow, and the means of calculating the tariffs has been shown to be total b*ll*cks.
and as for the CV issue etc. that just supports what I'm saying. One bloke who lies non-stop draws little comment from the same people ridiculing her over and over.
Did it occur to you that it was hard to plan for what that maniac in the US does? He's announced and cancelled stuff for weeks. Yet that's on her? FFS, mate.
On Reeves, the justification for the ‘spring statement’ was the ‘changing world’ with a specific focus on the impending Trump Tariffs. It was the government used it as a pretence even they though they didn’t know what to expect exactly.
Considering the government, by all accounts, think they’ve got off ‘lightly’ with a 10% tariff goes to show just how bad their planning was if the fiscal headroom is expected to be wiped out nonetheless.
It probably would’ve made sense to wait a couple of weeks to know what you’re dealing with.
The numbers on his gameshow board are utter bollocks and calculated based on trade deficits.
Just to make sure I'm keeping up, then. Your position is that Reeves and co. are incompetent because growth forecasts are wiggling around by fractions of 1% with the cause of that variation being global events caused entirely by Trump and co.
but you'll defend policies he's rolled out that crashed global markets and will almost certainly leave people around the world with less disposable income as prices inflate, and she's 'Rachel from Accounts', and we should give his policies a chance.
If that's the extent of your ability to reflect on the positions you're taking or defending there's no point talking about it. You've made your point and you're being consistent but if you can't see the mad double standards you're using, then I'm out.
Rather than go with you and Old Donald, I think I'm with James Surowiecki on this one, who's described it as "extraordinary nonsense".Have you looked at the MFN duty rates for tariffs before the Trump Tariffs? The USA, Japan and UK have some of the lowest duty rates globally.
To use an example of other ‘non-tariff’ barriers, the USA has a duty-free limit on imports up to $800 (USD), whereas the the UK’s limit is £135 and the EU’s was €150 and removing it altogether (to combat Chinese dumping of cheap goods, ironically).
When the USA raises ‘non-tariff barriers’, it’s things like this they mean.
Critics are foolishly writing off my new policy of thumping myself in the face with a saucepan after just two days. Only this way will we learn if concussions are indeed reversible.How can you judge a policy that is 2 days old enough to call it incompetent?
If you think she’s doing a good job…
He supports tariffs for specific industries and even then, not across the board. Certainly doesn’t support blanket tariffs on everything.Has Bernie said anything about the tariffs? His kind of policy normally.
They are starting to fear their constituents more than Trump and Musk.Seems Republicans some are growing a bit of spine, not enough to actually do something but they are starting to speak out
I think your missing the whole point of the tariff situation here.Just to make sure I'm keeping up, then. Your position is that Reeves and co. are incompetent because growth forecasts are wiggling around by fractions of 1% with the cause of that variation being global events caused entirely by Trump and co.
but you'll defend policies he's rolled out that crashed global markets and will almost certainly leave people around the world with less disposable income as prices inflate, and she's 'Rachel from Accounts', and we should give his policies a chance.
If that's the extent of your ability to reflect on the positions you're taking or defending there's no point talking about it. You've made your point and you're being consistent but if you can't see the mad double standards you're using, then I'm out.
Rather than go with you and Old Donald, I think I'm with James Surowiecki on this one, who's described it as "extraordinary nonsense".
Because those imports improve the quality of life of the country’s consumers?Why should an American president put up with his countries goods being slapped with high tariffs while allowing imports to flood into the country on zero or very low tariffs?
Imagine if Liz Truss had come into no.10 and said she was slapping tariffs on all imports. Then a few days later to find out that those calculations weren't based on reciprocal tariffs but on trade deficit. Then a few days after that find out she worked them out using an AI chatbot.The numbers on his gameshow board are utter bollocks and calculated based on trade deficits.
Do you even know what MFN duty is? The data is there that USA has some of the lowest duty rates in the world. Thats is one of the bones of contention between the US and EU (specifically).
MFN Simple Average By Country Product from World % 1988 - 2022 | WITS Data
Merchandise trade and tariff statistics data All Products import MFN Simple Average (%) by By Country (BY-COUNTRY) from World (All Countries) for years 1988 to 2022wits.worldbank.org
Trump is dealing with the debt by giving huge tax cuts to the ultra rich while raising them on basically everyone else.I think your missing the whole point of the tariff situation here.
Trump has zero regard for global markets or the disposable income of people around the world. He was elected on a M.A.G.A agenda, and as such he's obliged to address the obvious lack of equality in so many trade agreements, agreements that make American made and exported products non competitive.
Why should an American president put up with his countries goods being slapped with high tariffs while allowing imports to flood into the country on zero or very low tariffs?
I'm sure workers in American companies are more than happy to see the playing field levelled up a little.
It's the same with the increased defence spending of European NATO countries, Trump has insisted that member States increase their defence spending if they want to remain part of the alliance.
Well obviously much of that spending will be on American made weapons systems, ammunition, and intelligence data systems etc. So again that will be spending for American companies and extra jobs as a result.
Trump is dealing with the multi Trillion dollar debt crisis by massively increasing output, and productivity, all of this comes under his MAGA manifesto. He's also removing from office anyone who isn't buying into the plan, or who was responsible for getting the country into such a financial mess in the first place, I'm just suprised that people are only now realising what he's doing.
As for UK exports, if Jaguar Land-rover see tariffs of 10% (for example) and Audi BMW, Mercedes and Porch etc see tariffs of 20%+
It's not necessarily a bad thing for the UK.
Unlike Trump he hasn’t ever been funnyIs the least favourite comedian of the year Russell Brand?
The USA is acting in contravention of it isn't it?
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