The US Election.

Norah

Casdon

I don’t think the situation with tariffs would have been different whatever UK government was in power Fleurpepper, because it’s about the USA becoming more prosperous. Of course it’s a loss to our economy, as no doubt it will be worldwide, as they look internally for growth.

We already have Brexit, US tariffs will work out as well. Trump wants their economy to flourish and he has a decidedly inward view, in all ways it seems.

Sorry, I do not understand your post. What do you mean by
'US tariffs will work out as well'?

We were promised the best trade deal ever with the USA, during the Brexit campaign, which would more than compensate for the extra cost and difficulties of exports and imports to and from (geographically very close Europe). But this has not happened, and both are now combining to put prices in the UK even further up. At a time when the war in Ukraine and bad weather in Spain and other countries we import from have caused massive loss in production of fruit, veg, cereals and other essentials foods.

Casdon

I agree Norah, we are just going to have to live with it, we can’t change another country’s economic policy.

Indeed.

Today alone their makers shot higher. Tesla alone was up 15%. It would appear they have already priced-in the win and are ready to price in the accompanying inflation as well. I read interest will also soar.

Galaxy

Rory Stewart is a perfect example of why trump won. Utterly out of touch, so convinced of his own goodness and will never understand.

👏🏻👏🏻👏🏻

It can’t be said too many times Iam64 as quite a few posters on this site are continually saying FPTP isn’t ‘democratic’.

Iam64

What’s happened in the US could happen here. I’m relieved we have a Labour government but I’m in little doubt that the first past the post system combined with the absolute destruction on all our public services over 24 years made that possible
I loathe Farage and his Reform party but they do have support from people who feel marginalised and ignored. Let’s hope the disaster in America makes our politicians Think On

We have a Labour government with a good majority due to the first past the post system.

I agree Norah, we are just going to have to live with it, we can’t change another country’s economic policy.

Freya, my post was about all our politicians, not only the government.

Casdon

I don’t think the situation with tariffs would have been different whatever UK government was in power Fleurpepper, because it’s about the USA becoming more prosperous. Of course it’s a loss to our economy, as no doubt it will be worldwide, as they look internally for growth.

We already have Brexit, US tariffs will work out as well. Trump wants their economy to flourish and he has a decidedly inward view, in all ways it seems.

Iam64

What’s happened in the US could happen here. I’m relieved we have a Labour government but I’m in little doubt that the first past the post system combined with the absolute destruction on all our public services over 24 years made that possible
I loathe Farage and his Reform party but they do have support from people who feel marginalised and ignored. Let’s hope the disaster in America makes our politicians Think On

They won't though. In thrall to the globalists,WEF and WHO. What the little Btitish man, include myself in that,thinks, does not matter one iota to the Labour Party.

What’s happened in the US could happen here. I’m relieved we have a Labour government but I’m in little doubt that the first past the post system combined with the absolute destruction on all our public services over 24 years made that possible
I loathe Farage and his Reform party but they do have support from people who feel marginalised and ignored. Let’s hope the disaster in America makes our politicians Think On

Are you sure KH intended to apply tarifs?

But the disaster is in the combination of the tarifs and other costs of exporting and importing from the EU. We were promised at the time that we would have a great commercial no tarifs deal with the USA to compensate for the above. We now find ourselves with a diabolical combination of the two- on top of the disastrous amount of debt left by 14 years of Tory management. The combination of all those is really really bad news for the UK.

FriedGreenTomatoes2

Oh and those polls! Forecasting totally awry. Pretty embarrassing really. All that money, all this predictions. Might as well have tried reading the tea leaves. Cheaper and just as reliable.

👏👏

I don’t think the situation with tariffs would have been different whatever UK government was in power Fleurpepper, because it’s about the USA becoming more prosperous. Of course it’s a loss to our economy, as no doubt it will be worldwide, as they look internally for growth.

Amazing that some people are prepared to underplay what 10% tarifs on exports to USA will mean- after the massive losses re exports to EU for the last 8 years. And the poor value of Sterling also making everything so much more expensive.

Dickens okay but Starmer and Lammy are not even in a rowing boat.

ronib

Maybe Nigel Farage will beg Trump to take pity on the Uk over import duty? No one else will have any influence?

'America First' isn't just about UK imports though.

Anyway, I know Farage draws a lot of water, but he's possibly not the big-ship he thinks he is over there.

JenniferEccles

I wonder where this leaves Prince Harry in the US with his undisclosed drug taking past?

Perhaps the risk of a Trump presidency influenced his decision to buy a property in Portugal !

Well, he is not a convicted felon, unlike the POTUS.

So Harry should be fine.

Maybe Nigel Farage will beg Trump to take pity on the Uk over import duty? No one else will have any influence?

J52

Trump intends to hike import tariffs from the UK to 10%. Some people might like to know what economists think of his actions.
From the ITV news page, today

*The price of UK exports to the US would inevitably rise but The National Institute of Economic and Social Research (NIESR) calculates that domestic inflation would also climb by around 3.4 percentage points in 2025 as UK imports became more expensive, reducing the spending power of households and businesses.

NIESR assumes the Bank of England would have to respond by hiking interest rates, raising costs for companies and reducing their ability to invest.

NIESR estimates that economic growth in the UK would shrivel to 0.4% in 2025 (down from a forecast of 1.2%) and stall altogether in 2026. Unemployment would also rise.*

Not a good prospect.

Especially as for the last 8 years, it has become more and more difficult and costly to export or import anything from the nearest countries in EU.

MayBee70

Galaxy

Rory Stewart is a perfect example of why trump won. Utterly out of touch, so convinced of his own goodness and will never understand.

Imo you’re speaking about one of the most decent, honourable, intelligent human beings I’ve ever listened to….the complete opposite of Trump.

Agreed, have you read his book? I am half way through, and it is so enlightening, and terrifying too, about the lack of background knowledge about foreign policy and Middle Eastern history and background.

I wonder where this leaves Prince Harry in the US with his undisclosed drug taking past?

Perhaps the risk of a Trump presidency influenced his decision to buy a property in Portugal !

I do agree with some of what Jameela Jamil says about alienating voters.👏🏻👏🏻

Trump intends to hike import tariffs from the UK to 10%. Some people might like to know what economists think of his actions.
From the ITV news page, today

*The price of UK exports to the US would inevitably rise but The National Institute of Economic and Social Research (NIESR) calculates that domestic inflation would also climb by around 3.4 percentage points in 2025 as UK imports became more expensive, reducing the spending power of households and businesses.

NIESR assumes the Bank of England would have to respond by hiking interest rates, raising costs for companies and reducing their ability to invest.

NIESR estimates that economic growth in the UK would shrivel to 0.4% in 2025 (down from a forecast of 1.2%) and stall altogether in 2026. Unemployment would also rise.*

Not a good prospect.

He is not as bad as Alistair Campbell to be fair but he will never in my view understand. He will continue doing the same thing over and over again and look bewildered when it doesnt work.

Galaxy

Rory Stewart is a perfect example of why trump won. Utterly out of touch, so convinced of his own goodness and will never understand.

Imo you’re speaking about one of the most decent, honourable, intelligent human beings I’ve ever listened to….the complete opposite of Trump.