Gransnet forums

News & politics

US/UK trade deal?

(113 Posts)
Wyllow3 Tue 15-Apr-25 11:00:58

Overnight Vance has made vague noises about a trade deal with no specifics

"'The president really loves the United Kingdom'
“We’re certainly working very hard with Keir Starmer’s government.
"The president really loves the United Kingdom. He loved the Queen. He admires and loves the King. It is a very important relationship. And he’s a businessman and has a number of important business relationships in [Britain].

He also mentioned Europe "“I love European people"

US Vice-President JD Vance says there is a "good chance" a trade deal could be reached with the UK

The UK's trade minister agrees, but says she can't provide a "timeline" for when an agreement might be reached

UK imports to the US are charged a 10% tariff, with higher rates for cars, steel, and aluminium, but Vance says "we're working very hard with Keir Starmer's government" on a deal
But when it came to US-EU relations, Vance was less complimentary"

But meanwhile the USA is looking at putting tariffs on in the pharmaceutical trade.

I dont trust Vance at all. My first thought it, "at what costs to us". And also, not to accept trade deals that are deliberately intended to split us off from other allies - Canada, Europe. Atm all "hot air" in the on of/ on off edicts from the White House.

Its on the BBC I player news feed.

Other report not behind paywall

www.theguardian.com/us-news/2025/apr/15/jd-vance-says-us-hopeful-of-great-trade-deal-with-uk

Macadia Tue 15-Apr-25 15:49:29

The smaller items are employment and the price of goods. With that in mind (and with a Brexit faith) Reynolds will negotiate a deal that helps strengthen the UK and set aside the issues of the EU. The EU is not his job priority.

David49 Tue 15-Apr-25 16:29:23

AGAA4

I think the US is getting nervous. China has stopped delivery of Boeing planes from the US. It's not a good time to be doing deals with Vance.

There is a very long waiting list for Boeing airliners another buyer will be very happy. Some Boeing planes are actually built in China these days, probably engines are made in the US so its going to get complicated.

Whitewavemark2 Tue 15-Apr-25 16:33:48

Not as long as all that.

Boeing has serious flaws, safety issues and as a result has lost costumers.

Its reputation has been badly damaged.

I wouldn’t feel terribly safe flying in one.

FriedGreenTomatoes2 Tue 15-Apr-25 16:34:48

‘Made in China’ doesn’t inspire confidence.

MaizieD Tue 15-Apr-25 17:01:09

FriedGreenTomatoes2

‘Made in China’ doesn’t inspire confidence.

Doesn't inspire confidence in who (whom?)? They don't seem to have any problem in selling masses of consumer goods to the UK public.

Every second item seems to be made in China...

David49 Tue 15-Apr-25 17:30:20

Whitewavemark2

Not as long as all that.

Boeing has serious flaws, safety issues and as a result has lost costumers.

Its reputation has been badly damaged.

I wouldn’t feel terribly safe flying in one.

Thousands of Boeing flights are made every day it’s still the safest form of transport.

China stopping deliveries will need to be sorted out quickly because Trump will stop parts being delivered for existing aircraft. Existing planes will soon be grounded without replacement parts.

Boeing and Airbus supply most of the planes that can fly to western airports both have very long backlogs of orders

Macadia Tue 15-Apr-25 17:39:25

David49, I think Boeing engines are made in the UK, not China.

62Granny Tue 15-Apr-25 17:42:31

They want the UK to be beholden to them , but instead of giving us a good deal in the beginning I think they want us to think, " see how nice we are we have given you a better deal than anyone else" the only thing I am afraid of is lots of medication or components for medical things come from the US and a lot of people rely on this, we have no other way of obtaining these items only via the NHS.

David49 Tue 15-Apr-25 17:57:01

Macadia

*David49*, I think Boeing engines are made in the UK, not China.

Boeing fit RR or Pratt & Whitney engines according to airline requirements, I dont know which Chinese airlines use, probably some of both.

Wyllow3 Tue 15-Apr-25 19:49:10

62Granny

They want the UK to be beholden to them , but instead of giving us a good deal in the beginning I think they want us to think, " see how nice we are we have given you a better deal than anyone else" the only thing I am afraid of is lots of medication or components for medical things come from the US and a lot of people rely on this, we have no other way of obtaining these items only via the NHS.

Just checked the figures, it's very much a world picture - the USA will suffer greatly from any tariffs against them on medicines. Then there is China, for example

"Today, most active pharmaceutical ingredients (APIs) used for drugs in the United States are made in China, including 95% of U.S. imports of ibuprofen, 70% of acetaminophen, and 40-45% of Penicillin.

I feel very strongly internationally governments would negotiate for a no tarifff situation on medicines but.....

The concern is of course that the NHS is a huge block purchaser of meds and attractive to the USA and we are vulnerable but we also buy drugs from China, India, EU countries....

Ladyleftfieldlover Tue 15-Apr-25 20:06:46

No, no, no. The UK (and the EU) should do their best to distance themselves from the trump administration. I have been listening to the Rest is Politics blog with Alistair Campbell and Rory Stewart. They were talking to an American commentator yesterday - I can’t remember his name - and it was illuminating, disturbing and frightening.

petra Tue 15-Apr-25 20:18:15

fancythat

AGAA4

I think the US is getting nervous. China has stopped delivery of Boeing planes from the US. It's not a good time to be doing deals with Vance.

Now that is a bigger matter.

I do think sometimes, Gnetters in general can focus on smaller items, and forget the bigger trades.

Perhaps you missed or didn’t understand the more weightier posts because I can assure you there have been many.

David49 Wed 16-Apr-25 05:56:12

If the UK tries to isolate itself from the US it will be much worse off that’s certain, a few years ago we distanced ourselves from the EU, are they now our best friends? , no, they are not we still do not want their rules and aims.

Starmer is doing exactly the correct action, calmly keeping good relationships with as many other nations as possible

Macadia Wed 16-Apr-25 06:39:35

David49

If the UK tries to isolate itself from the US it will be much worse off that’s certain, a few years ago we distanced ourselves from the EU, are they now our best friends? , no, they are not we still do not want their rules and aims.

Starmer is doing exactly the correct action, calmly keeping good relationships with as many other nations as possible

Well said.

Jane43 Wed 16-Apr-25 06:43:43

FriedGreenTomatoes2

‘Made in China’ doesn’t inspire confidence.

My son’s brother-in-law recently visited China as part of his job as an engineer and visited one of the BYD factories which manufactures electric cars. He said it was state of the art and will soon be a real threat to other electric cars, he holds a very high position in his company, which is actually American,
and knows what he is talking about. Vance’s ill informed comment about Chinese peasants is not only ignorant and ill informed it is so far off the mark it is laughable.

David49 Wed 16-Apr-25 07:59:36

Jane43

FriedGreenTomatoes2

‘Made in China’ doesn’t inspire confidence.

My son’s brother-in-law recently visited China as part of his job as an engineer and visited one of the BYD factories which manufactures electric cars. He said it was state of the art and will soon be a real threat to other electric cars, he holds a very high position in his company, which is actually American,
and knows what he is talking about. Vance’s ill informed comment about Chinese peasants is not only ignorant and ill informed it is so far off the mark it is laughable.

BYD is a giant and rivals Tesla and Toyota in production, its cars are attractive, cheap and reliable, not too many in the UK yet but common in other countries. The Chinese brand that gets noticed most is MG, that sells in large numbers.

Chocolatelovinggran Wed 16-Apr-25 08:00:35

Jane43, Vance is the master of the deeply offensive bon mot. Perhaps you remember him saying that Britain was set to becoming an Islamic state?
Days later, he's Mr Flattery..

Casdon Wed 16-Apr-25 08:07:11

David49

Jane43

FriedGreenTomatoes2

‘Made in China’ doesn’t inspire confidence.

My son’s brother-in-law recently visited China as part of his job as an engineer and visited one of the BYD factories which manufactures electric cars. He said it was state of the art and will soon be a real threat to other electric cars, he holds a very high position in his company, which is actually American,
and knows what he is talking about. Vance’s ill informed comment about Chinese peasants is not only ignorant and ill informed it is so far off the mark it is laughable.

BYD is a giant and rivals Tesla and Toyota in production, its cars are attractive, cheap and reliable, not too many in the UK yet but common in other countries. The Chinese brand that gets noticed most is MG, that sells in large numbers.

We all have choice though. We don’t have to sell our country down the river, we can make conscious choices and buy British or European made. Japanese cars are mainly made in the UK, which keeps jobs here. Are MG or BYD?

David49 Wed 16-Apr-25 08:55:53

The only UK manufacturers that build and sell EVs in the UK are Nissan and Mini, with a few from Lotus, ( Jaguar is now out of production), all have a high Chinese component reliance, as do the other European brands, VW are having to close factories because they cant compete at the lower cost end of the market.

Whitewavemark2 Wed 16-Apr-25 09:22:17

Radio 4 this morning a Trump trade advisor, said that a U.K./USA trade deal will very likely have prohibits contained within it to stop the U.K. trading with China!

B…..y cheek.

We may or we may not trade with China, but it is certainly not for the USA to dictate whether we do or not.

David49 Wed 16-Apr-25 09:51:03

Whitewavemark2

Radio 4 this morning a Trump trade advisor, said that a U.K./USA trade deal will very likely have prohibits contained within it to stop the U.K. trading with China!

B…..y cheek.

We may or we may not trade with China, but it is certainly not for the USA to dictate whether we do or not.

That’s highly unlikely because ALL countries including the US have Chinese trade agreements or components in goods. Can you imagine Australia being forbidden to trade with China the economy would collapse, we are getting a long way from reciprocal tariffs only China would benefit from that.

Wyllow3 Wed 16-Apr-25 10:33:05

Something like this was bound to be in the small print. they may try and target goods. No thank you.

Casdon Wed 16-Apr-25 12:49:08

David49

The only UK manufacturers that build and sell EVs in the UK are Nissan and Mini, with a few from Lotus, ( Jaguar is now out of production), all have a high Chinese component reliance, as do the other European brands, VW are having to close factories because they cant compete at the lower cost end of the market.

Stellantis do. Toyota make hybrids in the UK too and are planning a UK battery plant. You can also buy electric cars made in Europe, BMW, Audi, Renault for example. Chinese cars shipped fully assembled to the UK so there is no definitely no benefit to the UK economy are not the only option. I’m only speaking for myself, but I want my purchases to support the UK and Europe.

David49 Wed 16-Apr-25 16:30:17

Wyllow3

Something like this was bound to be in the small print. they may try and target goods. No thank you.

I missed Stelantis they make EV vans in Ellesmere, several other brands make hybrids in the UK. Teslas that come to the UK are built in China.

David49 Wed 16-Apr-25 16:35:55

Sorry wrong reply