EU trade relationship ‘more important’ than US, says Reeves
https://www.thetimes.com/article/2bc6fbd3-5057-47fa-b024-3ad92fe3653b?shareToken=b9be83bf0f4e64fbed70e3e5059bbff6
Posted by Half_A_
EU trade relationship ‘more important’ than US, says Reeves
https://www.thetimes.com/article/2bc6fbd3-5057-47fa-b024-3ad92fe3653b?shareToken=b9be83bf0f4e64fbed70e3e5059bbff6
Posted by Half_A_
13 Comments
> EU trade relationship ‘more important’ than US
I mean, obviously.
If nothing else, just down to geographical proximity.
Well colour me surprised over 40% of UK trade is with the EU whilst the US is an important market that the UK would like better access to the EU is pretty vital for British trade. If the deal with the US would damage trade with the EU then she will walk away. That means its pretty safe to assume no chlorine chicken, no hormone beef and no carcinogenic pork in any US trade deal.
I suspect Trump wants a “bigly” one where agriculture is included so a UK trade deal will probably not happen unless he gets so desperate he excludes those from the talks.
Good.
Though the guardians obsession with getting “young people” the right to work in the EU – is tiresome.
Remember when brexiteers said we’d still be in the common market but prevent immigration?
Someone mixed the one with the other
Labour have been largely shite since getting back in but we’ll be BFFs if they pivot back into the EU.
This is true, unfortunately the EU are not willing to negotiate in good faith, and still do seek to punish us, and are happy to throw away benefits to themselves to make a point
Hooray. About time too though the reform lovers will bleat
It’s empirically not though. A relationship where we make a profit is obviously more important than one where we make a loss.
Tell it ! Obviously, but good to hear it actually said
I mean it’s a no brainer but glad to see common sense is clearing the bare minimum bar..
I’m sure his best mate Putin will buy his sub standard food
Maybe if we form some kind of trade union with EU it would be beneficial
So Rachel thinks losing over 20% of exports is better than importing more Chinese tat via the eu.
Growth
In January 2025, the year-on-year growth of exports in United Kingdom was primarily driven by increased exports to United States (£7.29B, 180%), Switzerland (£2.78B, 54.6%), and Germany (£148M, 5.78%).
The increased export values were particularly notable for Gold (£7.91B, 109%), Silver (£1.67B, 698%), and Platinum (£164M, 42.7%).
The growth in United Kingdom year-by-year imports was largely due to increased imports from Norway (£909M, 44.1%), Switzerland (£528M, 52.5%), and China (£452M, 9.63%).
Noteworthy increases in product imports included Gold (£902M, 26.4%), Petroleum Gas (£710M, 38.2%), and Computers (£360M, 37%).
https://oec.world/en/profile/country/gbr