UK expecting to be hit by Donald Trump’s tariffs this week – No 10

https://www.lbc.co.uk/business/3ea2983155384658997cbfaf3dd829b3/

by tylerthe-theatre

26 comments

  1. OBR a few days ago:

    >And if global trade disputes escalate to include 20 percentage point rises in
    tariffs between the USA and the rest of the world, this could reduce UK GDP by a peak of 1
    per cent and reduce the current surplus in the target year to almost zero.

    So basically Trump is going to wipe out Rachel Reeves’ headroom one week after she announced the welfare cuts.

    Expect more cuts to come in October this year.

  2. I hope whoever bought Trump that Word Of The Day toilet paper is proud of themselves 

  3. So he wants us to pay our share for NATO, but also wants us to suffer economically making that harder?

  4. And because we have zero econimic legroom, we can’t even battle this bully at his own game. Anyway all the more reason to get closer to Europe and the EU.

  5. Time to start boycotting US products and we should also be introducing retaliatory tarrifs. Remove the subsidies on Tesla for a start

  7. I get why we tried to tip toe around Trump, I get why it was a sane policy to try and avoid the brunt of the madness but now it’s evident we won’t be… time to throw our lot in with the rest of the victims of his insanity I think.

  8. We have to move away from the US , work with Europe and stand up to Trump, play hard ball like Canada did.

  9. All that arse licking he did amounted to nothing, as anyone who saw the last Trump presidency told you, but yeah Starmer has handled Trump super well. 

  10. The peoples of Europe and UK want their leaders to stand up to Bully Boy Trump. We are stronger together

  11. Trump’s plan to tariff everyone are literally just going to hurt Americans more than anyone else.

  12. The US gives us nothing that we can’t get from somewhere else!

  13. Exactly. Time to announce reciprocal tarrifs and cancel his state visit. What’s the point of it now?

  14. How to alienate the USA from the world in less than three months , step #5

  15. Ah yes, the Brexit Dildo of Hard Consequences all over again.

  16. If only we were part of some larger continental group that had its own principle of free trade among member states….

  17. Im NOT an economist of any kind. Can anybody explain to me in very simple terms where this leaves the fiscal statement from last week? Labor has announced sweeping cuts to benefits, public sector and public services. But that was based on that action giving us money to do things with defense, transport and so on. So if that’s gone surely the only options now are:

    * Further cuts to benefits, public services and public sector.
    * Tax rises generally.
    * Some form of windfall tax on very very high earners and energy companies etc.

    Our future is going to look grim isn’t it? Or am I missing something?

  18. Nobody wins these tariff wars

    Then an off shore tax of 20% to products, Netflix, Amazon, etc. can all have a nice 20% price increase until they register their UK operations in the UK.

  19. Brexit was a stupid short sighted idea anyway. Lets cut our loses and get back in, with whatever penalties we deserve. America is not something I think any of us want to rely on in any way, shape or form. Europe as a whole need to band together and strengthen our defenses. I’ll say it until I’m blue in the face, legalising and taxing recreational cannabis would generate billions for any country or city smart enough to implement it. This has been shown in every example of people doing it, look at California, Colorada, Netherlands, Thailand, Barcelona. There’s no examples of this being a bad thing to happen to a city, and the money can be split between the NHS and military defenses while at the same time generating thousands of jobs and freeing up police time and spending. It’s a no brainer. Cannabis culture is huge in the UK more than most would like to admit, and all that money is going to “criminals”. Time to get with the times and make smart choices, stop trying to impose more control on a society that is only going to push back against it. We’d love to fight for a country we believe in, start there.

  20. Alright Don, but before you do we’ll take that $765.6 billion you owe us.

  21. Canada, China etc are fighting back hard. I know Starmer is trying to balance his approach but I’m not sure “playing dead” is a strategy.

    Trump understands power. That’s it. He backs down once he’s confronted.

  22. Anyone that’s bought a ford in the last 15 years, hardly needs another excuse not to buy another.

  23. Trumps proposals are the biggest threat to world peace in the last 60 years. Greenland, Panama, Mexico, Canada and multiple other ridiculous plans. EU and the UN need to make it clear that this is not acceptable. Russian aggression is not going to be tolerated and US is in no position to mandate or negotiate a solution. US you do not govern the world.

  24. Canada: bring it on, we’ll hit the US back

    Germany: exactly, we’re with you

    France: idem ditto

    Rest of EU: yep

    UK: we are not here for other countries, we will take the hit from US tariffs

  25. Can’t wait for this to be the new excuse for them to punish us with some more austerity

  26. If People are serious about boycotting, I highly recommend Aldi or LIDL .
    Aldi is better and their cola is way better than coke imho.
    It’s European in there.

Comments are closed.