Did Trump Just Prove Brexit Was The Best Decision Britain Ever Made?

[Khandro]

It looks like so for three reasons. First, if we were still part of the bloc, or even the Customs Union as hardcore Remainers would like us to be, we would be facing an immediate 20 per cent tariff rate, twice as high as we now will.

Next, the EU will almost certainly start a pointless tit for tat tariff war. It will impose retaliatory tariffs, prompting another round of higher levies from the White House, until tariffs hit 40 or 50 per cent on both sides. Inside the EU, we would have no choice but to go along with that. Instead Sir Keir Starmer and his Chancellor Rachel Reeves should be able to see that there is no point in trying to humiliate Trump or force him to back down. It won’t work. Our tariffs will stay at 10 per cent and we may even be able to negotiate them even lower or eliminate them completely, something the EU will find impossible.

Finally, it will mean British industry now has a clear competitive advantage over the rest of Europe. For Americans, a Scotch will be cheaper than Cognac, and Burberry cheaper than Hermes, but still with a luxury feel. Even better, there will now be a powerful incentive for EU manufacturers to ramp up production in the UK when they are selling products into the US. They will face lower tariffs while still manufacturing in Europe. A few may even move completely.

The Telegraph, today.

[drmorgans]

 

Except the tariffs of imported cars and steel and aluminium to the US. And Trump's plan is for production to move to the US rather than Blighty.

 

 

 

[youngmafbog]

The remoaners wont like it.

[drmorgans]

 

The problem is Bourbon will be cheaper than Scotch and Cadillacs will be cheaper than Jaags

 

[Khandro]

drmorgans; //The problem is Bourbon will be cheaper than Scotch and Cadillacs will be cheaper than Jaags//

But Bourbon in the US is already always cheaper than Scotch, and if you want drive a Jaguar or a Range Rover you ain't going to settle for a Cadillac or a Chevrolet at any price.

[DDIL]

If you drink cognac your are not going to drink Scotch!

I see you have taken this from the Telegraph, but how does it affect you? you live in the EU not the UK.

[DDIL]

I wonder if Trump is trying to destabilise the dollar!

[drmorgans]

 

If you are referring to me, I didn't take it from the Telegraph, which I don't read. It probably won't affect me much, in terms of purchases, but it could due instability in global investments. Who knows?

 

[DDIL]

Drmorgans I was referring to the OP

[youngmafbog]

Whats it got to do with you, Khandro may have UK interests too.

No Trump isnt trying to destabalise the dollar, stop the hyperbole it is now looking rediculous.  You clearly havnt bothered to understand the tarrif issue.

[Old_Geezer]

It's less of a hit today, certainly, but this is likely to be temporary as the US realises what it has done to the global economy, not to mention their own. And how it's effected their growth, employment, and inflation figures.

 

Our response needs to be considered, and, at this point try to find a compromise between showing the UK is no US pushover/lapdog and not exasperating the situation. We await the government's decision.

[ChatPGTips]

Youngmafbog - could you explain the tarrif issue for me?

[DDIL]

Oh I perfectly understand the tariff issue. Thank you

 

[youngmafbog]

So you are just attacking other ABers as you have always done then?

Nice.

[youngmafbog]

Chat, no.  Google it.

[DDIL]

I think you need to read what you have written before YOU attack users.

[Khandro]

DDIL //...but how does it affect you? you live in the EU not the UK.//

 

as I've said a thousand times on AB; I have many interests in the UK, pay taxes there and can also vote in G.E.s and was/am a keen Brexiteer for ideological and practical reasons.

But in any case, the OP isn't about me, it's about what is good for Britain and this latest Trump initiative looks like it is. 

 

 

[ChatPGTips]

'Chat, no.  Google it.'
 

this answer leads me to thinking you've made a statement but have no idea of it's meaning. Looking back through your posts, I see you have a propensity to do this quite often. 

[gulliver1]

Khandro 09.20 You live in the EU and you voted for Brexit..You are a bigger fool than I thought .You didn't just shoot yourself in one foot but both..

[Khandro]

Gulliver; In what way do you think Brexit is detrimental to me ?

[vulcan42]

gulliver, as usual, you are making a fool of yourself. Khandro did not say he voted for Brexit, the only reference made was he can vote in a general election.