Sounds like 10% is the baseline, so if I’m understanding correctly no country has escaped the tariffs and the minimum is 10%?
MazrimReddit on
time to raise tariffs to 20% on US it looks like, just following Trump’s very clever formula
Independent_Rip6382 on
We were the least hit but everyone else got hit with half of what they have on the US but we got 10% for 10%.
XenorVernix on
So EU has double the tariffs of the UK. That certainly gives incentive for businesses to setup in the UK over the EU. Might ultimately turn out to be good for us.
AllahsNutsack on
EU has their set to 20% so this is a genuine tangible Brexit benefit.
Super-Tomatillo-425 on
I listened to that rambling for as long as possible.
The UK has a neutral trade imbalance with the US, I wonder what the Govt will do in response.
OldLondon on
Am I the only one thinking he was going to give Eurovision scores. What in the school project hell was that chart
limepark on
How’s that Free Trade Agreement with the US going that we were promised during the you know what referendum….?
HackAndHear on
Did people watch it? He was babbling complete bollocks, only stopping on a tangent to say how all these people were telling him what a brilliant leader and genius he is
Ferocious_Simplicity on
Check out the after hours trading. It’s tanking 😂
SPY down 3.5%
Minimum-Geologist-58 on
10% is workable. The US economy can just eat a 5% price rise on UK goods – will barely notice it.
For China the devils in the detail, it’s unclear whether additional to existing section 301 or replacing it.
TalentIsAnAsset on
It’s a real shame that in the US, only rich people will be able to afford a car…oh wait…
Skylon77 on
Trump likes the UK and dislikes the EU, so I thought something like this would happen.
ziplock9000 on
Jesus people here literally making excuses for him saying it’s ONLY 10%.
No.. it’s wrong. We are neutral to the US, so it should be zero
Starmer. Do something. Don’t just take it up the arse
Weary-Arachnid9830 on
He is still going… god does he love the sound of his own voice
hime-633 on
Having to think about Trump is like hosting a child’s birthday party and there being one exceptionally poorly behaved child who is spoiling it for the rest of the children and although it’s really fucking annoying and you just want to yell at them you cannot because he’s not your child so you have to placate through gritted teeth. URGH.
shoogliestpeg on
“Orange daddy didn’t hit us as hard so we did something right”.
We should still be rejoining the EU immediately, appeasement is not a long term strategy.
Pay_Your_Torpedo_Tax on
He ranted about why China, South Korea and Japan don’t buy American rice and why Australia won’t buy American Beef…. errrrmmm…. Becuase they Grow thier own with better quaility…. And this guy is in charge of the USA… lol
Qazernion on
Calculate how much the tariffs will cost the UK economy. Increase the digital services tax so that it produces the same amount in tax. Let Facebook, Google, Microsoft and Amazon fight to remove the tariffs for us. It’s not as if any of them would actually block their sites in the UK. It takes the average customer 3 months to form a lasting habit. If Google disappeared for this time, people would choose a different search engine and most likely stick to it even if Google returned. These companies will not risk it.
Connor123x on
Europe should charge American visitors 10k a person to visit.
tabomatic on
So we can even charge 10% more then right? Half of 20% is still 10%!
Their argument that vat is a tariff is stupid, that rate applies to even our own stuff we make here in the uk
Dry_Yogurt2458 on
Interesting to note that Russia is not on his tarrif list .
Connor123x on
maybe countries should not bother to fight back and let the US have a massive increase in inflation so they turn on him and destroy the republicans in 2 years. Then slowly find new trade partners and lessen exports from the US.
its one thing to have trade wars with a few countries but all against one, not going to end up well for him
ChristopherSunday on
Looks like they forgot to include Russia on the list. Oopsie.
Captaincadet on
Are we still going to give him a red carpet of a royal visit?! He should be given the royal finger instead
cesclaa on
Still 25 on cars and car parts – will destroy our car industry
Eu will expect us to stand next to them and charge US what they will go back with – as the EU/UK trade deal is up for renegotiation then we could lose our trade agreement with the EU – which would be worse than sticking by USA
monkeybawz on
Don’t respond at all, except to tell Americans he just raised prices 10% for them. Let them know we have cheaper goods because times are tough enough. Let them know we are simply choosing not to buy American because trump is acting like a dick. And jet them know that no tariff money raised will “trickle down” to them.
Just leave this burning bag of shit on trumps door.
27 Comments
Sounds like 10% is the baseline, so if I’m understanding correctly no country has escaped the tariffs and the minimum is 10%?
time to raise tariffs to 20% on US it looks like, just following Trump’s very clever formula
We were the least hit but everyone else got hit with half of what they have on the US but we got 10% for 10%.
So EU has double the tariffs of the UK. That certainly gives incentive for businesses to setup in the UK over the EU. Might ultimately turn out to be good for us.
EU has their set to 20% so this is a genuine tangible Brexit benefit.
I listened to that rambling for as long as possible.
The UK has a neutral trade imbalance with the US, I wonder what the Govt will do in response.
Am I the only one thinking he was going to give Eurovision scores. What in the school project hell was that chart
How’s that Free Trade Agreement with the US going that we were promised during the you know what referendum….?
Did people watch it? He was babbling complete bollocks, only stopping on a tangent to say how all these people were telling him what a brilliant leader and genius he is
Check out the after hours trading. It’s tanking 😂
SPY down 3.5%
10% is workable. The US economy can just eat a 5% price rise on UK goods – will barely notice it.
For China the devils in the detail, it’s unclear whether additional to existing section 301 or replacing it.
It’s a real shame that in the US, only rich people will be able to afford a car…oh wait…
Trump likes the UK and dislikes the EU, so I thought something like this would happen.
Jesus people here literally making excuses for him saying it’s ONLY 10%.
No.. it’s wrong. We are neutral to the US, so it should be zero
Starmer. Do something. Don’t just take it up the arse
He is still going… god does he love the sound of his own voice
Having to think about Trump is like hosting a child’s birthday party and there being one exceptionally poorly behaved child who is spoiling it for the rest of the children and although it’s really fucking annoying and you just want to yell at them you cannot because he’s not your child so you have to placate through gritted teeth. URGH.
“Orange daddy didn’t hit us as hard so we did something right”.
We should still be rejoining the EU immediately, appeasement is not a long term strategy.
He ranted about why China, South Korea and Japan don’t buy American rice and why Australia won’t buy American Beef…. errrrmmm…. Becuase they Grow thier own with better quaility…. And this guy is in charge of the USA… lol
Calculate how much the tariffs will cost the UK economy. Increase the digital services tax so that it produces the same amount in tax. Let Facebook, Google, Microsoft and Amazon fight to remove the tariffs for us. It’s not as if any of them would actually block their sites in the UK. It takes the average customer 3 months to form a lasting habit. If Google disappeared for this time, people would choose a different search engine and most likely stick to it even if Google returned. These companies will not risk it.
Europe should charge American visitors 10k a person to visit.
So we can even charge 10% more then right? Half of 20% is still 10%!
Their argument that vat is a tariff is stupid, that rate applies to even our own stuff we make here in the uk
Interesting to note that Russia is not on his tarrif list .
maybe countries should not bother to fight back and let the US have a massive increase in inflation so they turn on him and destroy the republicans in 2 years. Then slowly find new trade partners and lessen exports from the US.
its one thing to have trade wars with a few countries but all against one, not going to end up well for him
Looks like they forgot to include Russia on the list. Oopsie.
Are we still going to give him a red carpet of a royal visit?! He should be given the royal finger instead
Still 25 on cars and car parts – will destroy our car industry
Eu will expect us to stand next to them and charge US what they will go back with – as the EU/UK trade deal is up for renegotiation then we could lose our trade agreement with the EU – which would be worse than sticking by USA
Don’t respond at all, except to tell Americans he just raised prices 10% for them. Let them know we have cheaper goods because times are tough enough. Let them know we are simply choosing not to buy American because trump is acting like a dick. And jet them know that no tariff money raised will “trickle down” to them.
Just leave this burning bag of shit on trumps door.