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Trade wars - how will it effect the UK?

(218 Posts)
ayse Sun 02-Feb-25 13:17:16

It seems our government is currently sitting on the wall and trying to avoid becoming caught up in the current USA new tariffs and retaliation.

I’m fearful that this will put the cost of living up further. What do others think?

Freya5 Mon 03-Feb-25 19:33:48

Casdon

pascal30

FriedGreenTomatoes2

We in the UK are all ‘part of Europe’! Geographically we stand within it….

The inept Starmer will find a way to botch our enviable advantage with Trump because it will mean admitting a Brexit bonus. 😁

I'd warrant that a great number pf people within the UK don't see themselves as part of Europe.. whatever the geographical reality

I’d warrant that a much higher proportion of the UK population see themselves as part of Europe than see themselves as a tool of the USA.

I see myself neither a tool of this Gov, the EU or the US. I think you are making a huge generalisation of the UK population. Maybe be right amongst Guardian and Independant readers I suppose.

petra Mon 03-Feb-25 18:02:36

mae13

Brace yourself - prices ever upward, as usual. The Cost-of-Living crisis doesn't appear to have abated and in recent weeks I've noted coffee being hiked up beyond thd rate of inflation.
What's happened to Starmer's much trumpeted "Change"?

You are obviously unaware the problems growers are having = climate change.
Coffee beans are very susceptible to the wrong conditions
It is being said that Arabicus coffee will disappear.

www.agiboo.com/are-we-heading-towards-a-global-coffee-crisis/

CanadianGran Mon 03-Feb-25 18:00:19

Reading with interest. I don't know enough about UK economy to say anything worthwhile, but wanted to clarify one point.

NotSpaghetti stated that this was about fentanyl entering the US, but the facts show that in 2024, 19 kilograms of fentanyl was seized at the Can/US border, whereas 9600 kg was seized at the Mexican/US border.

I think this is hardly an excuse to start a trade war. But Trump can make any excuse and twist the rhetoric so people lap it up, just as he keeps saying that a trade deficit is a subsidy.

Conversely, is the fact that in Ontario, 85% of illegal guns used in crime were sourced from the USA, so Trump was correct in saying we need to better secure our borders.

Whitewavemark2 Mon 03-Feb-25 17:53:23

News outlets in USA are showing that the majority of people in America are against the tariffs.

Casdon Mon 03-Feb-25 17:33:21

FriedGreenTomatoes2

True Casdon it was a poor example. But my point still stands. Much as we might not like it, America voted Trump in, knowing what he planned. A man of his word. He will put America First. Sorry for everyone else.

Nobody is disputing that though, what we are discussing on this thread is the impact on the economies of the world as a result of Trump imposing tariffs on imports.

vegansrock Mon 03-Feb-25 17:30:17

If USA invaded Canada wouldn’t we support Canada? I mean we have the same Head of State and all that.

Whitewavemark2 Mon 03-Feb-25 17:29:55

There has been veiled threats now directed at the U.K.

FriedGreenTomatoes2 Mon 03-Feb-25 17:29:52

True Casdon it was a poor example. But my point still stands. Much as we might not like it, America voted Trump in, knowing what he planned. A man of his word. He will put America First. Sorry for everyone else.

FriedGreenTomatoes2 Mon 03-Feb-25 17:27:29

Carney won’t get elected. Same mould as Trudeau and the people in Canada have had enough now of his liberal nonsense.

Casdon Mon 03-Feb-25 17:26:49

FriedGreenTomatoes2

My point is that Trudeau wasn’t averse to ‘bullying’ his own citizens into compliance.

Bullying by Trump?
An emotive word.
Following through on his rhetoric pre-election perhaps? He got voted in by Americans. They liked what he was saying. Now he’s delivering on his word.

In politics that’s unusual in itself. No wonder he’s popular with those who voted for him. Not the other half admittedly.

It’s like when we had the Brexit vote. Almost a 50/50vote. Hence the division and vehemently polarised positions.

Good luck America. I hope it works out for you.

That’s not a point that’s relevant though is it? Trump is making threats affecting the world economy, not managing a dispute in his own country.

pascal30 Mon 03-Feb-25 17:24:49

I think Mark Carney will be well able to deal with Trump if/when he is elected.. Also a friend of the UK

FriedGreenTomatoes2 Mon 03-Feb-25 17:14:51

My point is that Trudeau wasn’t averse to ‘bullying’ his own citizens into compliance.

Bullying by Trump?
An emotive word.
Following through on his rhetoric pre-election perhaps? He got voted in by Americans. They liked what he was saying. Now he’s delivering on his word.

In politics that’s unusual in itself. No wonder he’s popular with those who voted for him. Not the other half admittedly.

It’s like when we had the Brexit vote. Almost a 50/50vote. Hence the division and vehemently polarised positions.

Good luck America. I hope it works out for you.

Casdon Mon 03-Feb-25 17:11:17

vegansrock

And your point is? Has Trump bullied no one? ( rhetorical question)

Just comparing breaking one egg with killing all the chickens. Hey Ho.

vegansrock Mon 03-Feb-25 17:08:19

And your point is? Has Trump bullied no one? ( rhetorical question)

FriedGreenTomatoes2 Mon 03-Feb-25 17:07:03

*23

FriedGreenTomatoes2 Mon 03-Feb-25 17:06:45

Ah yes, January 2024.
www.theguardian.com/world/2024/jan/23/canada-trudeau-emergencies-act-trucker-protest-covid

FriedGreenTomatoes2 Mon 03-Feb-25 17:04:50

vegansrock

We ought to support Canada rather than Trump.

Didn’t Trudeau bully the truckers there last year?

pascal30 Mon 03-Feb-25 17:04:02

M0nica

Eveything we import from the US, we can source in Europe. German engineering is world beating and could fill the gap supplies from the US now fills.

Plenty of oil in the Middle East and, again pharmaceutics etc can be sourced in Europe and the Far East.

but will this government be savvy enough to do that? or courageous enough

ronib Mon 03-Feb-25 16:55:23

Given that Trump has stopped financing Ukraine- around 17 billion dollars? - is Trump influencing some kind of ceasefire? Didn’t Trump say that he was going to stop the war? All credit to him if that happens….

M0nica Mon 03-Feb-25 16:46:19

Eveything we import from the US, we can source in Europe. German engineering is world beating and could fill the gap supplies from the US now fills.

Plenty of oil in the Middle East and, again pharmaceutics etc can be sourced in Europe and the Far East.

LizzieDrip Mon 03-Feb-25 16:37:11

”Mexico tariffs have just been delayed by a month”

So, this is going to be Trump’s ‘negotiating’ strategy.

“I want something from you:

I bully / threaten you until you cave in:

I then capitulate somewhat but still hold my threat over you like the sword of Damaclese.

Naturally, I start with, what I perceive to be, the ‘weaker’ victims - just as any bully would.”

I wonder why he isn’t using this tactic with Putin (as promised) - oh, that’ll be because Putin is just as big a bully as Trump. Bullies never go for their equals!

petra Mon 03-Feb-25 16:36:13

That should read didn’t

petra Mon 03-Feb-25 16:34:59

ronib

Well interesting to hear that we are the world leaders in cyber security so why did it take Barclays 3 days to get back up and running? And more importantly exactly what had caused the breakdown in service?

Because Barclay did want to spent the money ( it’s very very expensive) to continuously update their security.
It’s not foolproof but it helps.

vegansrock Mon 03-Feb-25 16:33:43

We ought to support Canada rather than Trump.

ronib Mon 03-Feb-25 16:19:18

Well interesting to hear that we are the world leaders in cyber security so why did it take Barclays 3 days to get back up and running? And more importantly exactly what had caused the breakdown in service?