Also, it's got nothing to do with anything our government has done. It's a mathematical consequence of the mad formula they're using as we have a trade deficit.
Other countries that sucked up (like Japan or Vietnam) got screwed by the formula.
Other countries that sucked up (like Japan or Vietnam) got screwed by the formula.
Reposted from
Lewis Goodall
Intrigued by this narrative that Britain has done well here.
-10% is still v significant.
-We're a big exporter of cars to the US which will be subject to 25%. Terrible for UK auto industry.
-Even if we get a deal we can't avoid the major economic shock to global trade overall.
-10% is still v significant.
-We're a big exporter of cars to the US which will be subject to 25%. Terrible for UK auto industry.
-Even if we get a deal we can't avoid the major economic shock to global trade overall.
Comments
The overall idea of deregulation & chaos capitalism might be being fed to him, but this particular bit seems like his trolleyism.
Also is this recent or post Brexit?
And how does it compare in size to the EU trade?
https://bsky.app/profile/glcarlstrom.bsky.social/post/3llvgqp2uz32r
So, no thinking by anyone competent involved
https://www.nytimes.com/2025/04/02/business/economy/trump-tariff-rates-calculation.html
Whatever Putin whispered into Trump's ear seems to have worked because Russia has escaped 'Liberation Day' without any tariffs. 🤔
(also: LMAO, couldn't happen to a nicer country)
https://bsky.app/profile/stilldelvingh.bsky.social/post/3llvinwutos2g
Consider this billboard a starting position - bc he would’ve looked weak if he waited any longer, or the tariffs were any lower and more selective.
But then he can quietly adjust rates/details behind closed doors, through negotiations, promises, etc.
And he will call that, a win.
And now the government will either have to bend the knee or retaliate.
Special relationship my foot!
There is no logic, there is no understanding, it cannot be explained rationally
Trump is such a moron, he believes that non-Americans pay the tariffs. He’ll find out the hard way the Trump Tax hurts Americans
⬇️
It's an artificial construct developed in the breton woods agreements in the 1940s
It gives the US huge economic advantages
Starmer said no, obvs 🙄
I’m so done with the petulance & the prima donna act.
Submission, anyone? Or worse, collusion?
No. Thought not.
Several uninhabited islands plus one US military base.
presumably Trump will then have to increase the UK rate?