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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?

pascal30 Mon 03-Feb-25 15:03:51

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

winterwhite Mon 03-Feb-25 15:04:34

FGT2 in what ways do you think that the EU has treated the US terribly? I don’t understand that post of yours.

Whitewavemark2 Mon 03-Feb-25 15:04:38

Naive gullibility.

Who will the tariffs hit hardest as a result to higher prices in the USA?

The poor of course.

He will use the extra revenue from the tariffs as an excuse to cut taxes. Who will it benefit?

The wealthy of course.

Trump is creating a kleptocracy.

Wyllow3 Mon 03-Feb-25 15:09:43

winterwhite

FGT2 in what ways do you think that the EU has treated the US terribly? I don’t understand that post of yours.

To think that because his mother was Scottish and he likes QE2 he's going to be "nice" to the UK ?

Casdon Mon 03-Feb-25 15:11:58

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.

Wyllow3 Mon 03-Feb-25 15:12:29

Not wanting to cross threads, but reading back a few pages on the "Want to understand what Trump is doing?" thread gives a fair idea what Trump is doing domestically
Before we contemplate admiring him in any way...

pascal30 Mon 03-Feb-25 15:13:35

Whitewavemark2

Naive gullibility.

Who will the tariffs hit hardest as a result to higher prices in the USA?

The poor of course.

He will use the extra revenue from the tariffs as an excuse to cut taxes. Who will it benefit?

The wealthy of course.

Trump is creating a kleptocracy.

It will certainly hit the NHS and prescriptions considering how much medicine we import..

Claremont Mon 03-Feb-25 15:17:44

FriedGreenTomatoes2

I do stick up for the UK Wyllow3 that’s why I voted Reform.
😁

and yet you are prepared to let Trump do anything he wants with the UK- talk about Sovereignty.

No wonder he and others wanted to destabilise Europe, starting with Brexit. We stand in Europe geographically, but in total isolation when it comes to commerce and security. We no longer share military intelligence, we have little control as to the quality of goods/feed or meats that come in either. We no longer share information on bogus doctors, or fraudulent, or dangerous ones- that can just come to UK if sacked from other EU countries.

Casdon Mon 03-Feb-25 15:18:18

pascal30

Whitewavemark2

Naive gullibility.

Who will the tariffs hit hardest as a result to higher prices in the USA?

The poor of course.

He will use the extra revenue from the tariffs as an excuse to cut taxes. Who will it benefit?

The wealthy of course.

Trump is creating a kleptocracy.

It will certainly hit the NHS and prescriptions considering how much medicine we import..

We import a lot more pharmaceutical products from the rest of Europe than we do from USA, but it’s bound to hit markets worldwide, so we’ll all be paying more for everything. Lots of items are made on licence as well, I don’t know if that’s been considered a risk as yet.
oec.world/en/profile/bilateral-product/pharmaceutical-products/reporter/gbr#:~:text=or%20195%25).-,In%20October%202024%2C%20the%20increase%20in%20Pharmaceutical%20products's%20year%2Dby,27.9M%20or%2014.8%25).

Claremont Mon 03-Feb-25 15:19:34

Sterling values being so low also affect how much we pay for imports.

pascal30 Mon 03-Feb-25 15:20:23

Claremont

FriedGreenTomatoes2

I do stick up for the UK Wyllow3 that’s why I voted Reform.
😁

and yet you are prepared to let Trump do anything he wants with the UK- talk about Sovereignty.

No wonder he and others wanted to destabilise Europe, starting with Brexit. We stand in Europe geographically, but in total isolation when it comes to commerce and security. We no longer share military intelligence, we have little control as to the quality of goods/feed or meats that come in either. We no longer share information on bogus doctors, or fraudulent, or dangerous ones- that can just come to UK if sacked from other EU countries.

I completely agree.. people will begin to see the reality of this soon I fear

GrannyGravy13 Mon 03-Feb-25 15:23:59

Claremont

FriedGreenTomatoes2

I do stick up for the UK Wyllow3 that’s why I voted Reform.
😁

and yet you are prepared to let Trump do anything he wants with the UK- talk about Sovereignty.

No wonder he and others wanted to destabilise Europe, starting with Brexit. We stand in Europe geographically, but in total isolation when it comes to commerce and security. We no longer share military intelligence, we have little control as to the quality of goods/feed or meats that come in either. We no longer share information on bogus doctors, or fraudulent, or dangerous ones- that can just come to UK if sacked from other EU countries.

You are definitely wrong about military intelligence.

Barleyfields Mon 03-Feb-25 15:32:25

I agree GG. Military intelligence is still shared. As regards the quality of goods we import, if the public aren’t satisfied they won’t buy (though sadly too few consider animal welfare). And a doctor will, like any other potential employee, have to produce a cv and references, which can be checked in the usual way.

Wyllow3 Mon 03-Feb-25 15:33:48

The Reform Party is currently acting like a 5th columnist pro-Trump. Apparently blind to what is happening in the USA itself, Farage seems it as an "inspiration" in his speech 3 days ago. No, no, no, to becoming the tail that the dog wags ever again. Farage should have more pride in our sovereignty given his life long position on it. Shame on him.

Wyllow3 Mon 03-Feb-25 15:35:25

Military intelligence is very much shared still in Europe, cant understand that point. NATO.

petra Mon 03-Feb-25 16:11:09

GrannyGravy13

Claremont

FriedGreenTomatoes2

I do stick up for the UK Wyllow3 that’s why I voted Reform.
😁

and yet you are prepared to let Trump do anything he wants with the UK- talk about Sovereignty.

No wonder he and others wanted to destabilise Europe, starting with Brexit. We stand in Europe geographically, but in total isolation when it comes to commerce and security. We no longer share military intelligence, we have little control as to the quality of goods/feed or meats that come in either. We no longer share information on bogus doctors, or fraudulent, or dangerous ones- that can just come to UK if sacked from other EU countries.

You are definitely wrong about military intelligence.

Claremont
You obviously missed ( or you dint want to hear it) that Mark Rutte has just stated in Brussels that we are the world leaders in cyber security
Not what you wanted to hear but it’s the truth!!!!!

Casdon Mon 03-Feb-25 16:14:33

Mexico tariffs have just been delayed by a month.

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?

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

We ought to support Canada rather than Trump.

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.

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

That should read didn’t

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!

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.

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….

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