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UK Politics


kalifire

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2 hours ago, steviewevie said:

Are we going to desperately try and get a deal with US so they don't include us in new tarrifs against EU goods, or is that a non starter and we're desperately going to try and get a better deal with EU?

 

I remain doubtful that Trump's tariffs will be a big deal. The practicality of it and the obvious negative result for consumers make it a pointless exercise. It was a vapid campaign promise that hoodwinked a lot of voters. I think he'll have a few flagship tariffs, make a big noise about it and tell them it's been done, and hopefully the slowing inflation looks like a good result that he'll claim credit for. 

Voters complained about eggs and petrol. Eggs are not really imported to the US. Putting a tariff on importing oil would only hurt the US and is probably illegal under OPEC rules.

The big stuff that the US imports from the UK are largely services rather than material goods, and putting tariffs on those would definitely hurt them.

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