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matt-p
searching PlanetScale…
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451.
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White House clarifies enormous tariffs on China
(bbc.co.uk)
14 points
by
matt-p
2y ago
|
13 comments
452.
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matt-p
2y ago
UK has had a stable system for many hundreds of years. I don't think it's something that can't be done at the country level, you don't need the EU to do this too!
453.
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matt-p
2y ago
That's nonsense, but even if we take as true for a moment; The argument here is they don't want to buy our weapons because we might decide to stop selling to them. Do you really see that as even vaguely likely in a war against Rus
454.
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matt-p
2y ago
IMO I think we'll end up with "a uk body setting new GMO standards" being cover to allow US GMO stuff in. Then maybe hormone beef and similar, but not chicken. Quota-less fish, tariff free trucks/cars (like that's g
455.
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matt-p
2y ago
make as much money which by the way is totally obvious. FTSE was down 3.2% at it's worst.
456.
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matt-p
2y ago
Finally EU bureaucracy saves the day!
457.
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matt-p
2y ago
125% tariff rate on your biggest importer isn't something I'd say is "nothing to sneeze at" personally. Particularly when the expert economist used to justify it is made up.
458.
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matt-p
2y ago
Yes, and we'll see what next week brings sigh . For all any of us know we're going to wake up in the morning and the EU has a 125% tariff too. I'm not even sure Mr orange himself knows what happens in 90 days when these temp
459.
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matt-p
2y ago
You'd rather build capacity because you think you're likely to be at war with us one day or we'd stop defending Europe? That would be the only reason to say that surely? If so I simply don't know what to say to that. So
460.
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matt-p
2y ago
I am aware. Of course, if you require a visa from us then it becomes politically impossible NOT to require a visa from you in return. We were very clear that we didn't want it at all. Re the fish; >But in an interview with POLITICO,
461.
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matt-p
2y ago
Because free trade is typically a good thing that lifts everyone? It's also not "FTA with the UK" it's FTA between everyone, we just happen to be a member. We may be quite low down the list for say Canada as a trading pa
462.
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matt-p
2y ago
It wasn't a criticism of Germany at all, just that I think alot happened there that was special politically with the east and west, support for reunified Germany was massive, it's just therefore a bit hard to say what would of hap
463.
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matt-p
2y ago
I think it was a ban on European migrants from sending benefits and particularly child benefit (some money you get from the state if you have kids) back to thier home country or something like that. I remember Poland stopped us from getting
464.
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matt-p
2y ago
true, impossible to come up with a scientific answer, but you could compare with european countries who also went through a similar covid response and start to see a bit of a trend leap out. For what it's worth I'm not sure if the
465.
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matt-p
2y ago
So would we be able to get the exact same deal we had? We are under the impression the answer is no, as whenever we try and negotiate away stuff that's in neither of our interests it gets rejected. Take this Eitas Visa for example, thi
466.
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matt-p
2y ago
But the EU announced retaliatory tarrifs, just they weren't yet in effect. Why did they get off scot free?
467.
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matt-p
2y ago
Wouldn't it be smarter to do that before increasing the tarriff to 125%? That doesn't make sense to me either..
468.
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matt-p
2y ago
Ok, but why would you tarrif friendly nations who you have a surplus with? If you tarriff them 10% they'll tarriff you 10% which means your companies lose out more than theirs and you've also pissed off an ally? Why? I'm thin
469.
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matt-p
2y ago
Also china has 125% tarriff but the reason that they couldn't originally give 10% to Vietnam was trans-shipment of Chinese goods. If it wasn't happening before, it certainly will be now. What's actually wrong with them.
470.
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matt-p
2y ago
Would it have been too inflationary/recessionary to impose these crazy tarrifs on 'rest of world' AND increase china to 125% at the same time so he simply had to sacrifice one to do the other?
471.
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matt-p
2y ago
Sir, the tariff on china has just increased to 125%. I don't know why he held off on the other countries, but choose to go to "war" with China.
472.
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matt-p
2y ago
I think Germany is a bit of a special case due to what happened after the war, I think a more objective comparison might be say France.
473.
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matt-p
2y ago
Hard to say that's the exact compromise he'd want, as you say he's unpredictable.
474.
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matt-p
2y ago
Pretty sure you could engineer France leaving the EU by just tweaking fishing quotas, farming subsidy, naming on sparkling wine or removing (as you mention) strasbourg. They will start a riot and then when you don't give in, they'
475.
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matt-p
2y ago
Brexit is mad, driven by nostalgia etc. However, if we got a free trade agreement with the US would the inverse be true, EU companies are better off moving to the UK due to brexit? What about just a FTA with all commonwealth countries (wh
476.
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matt-p
2y ago
If we'd of done what, out of interest? Personally I don't 'agree' with brexit, but it's the reality that we're in. In typical british fashion we're trying to stay friends with the EU, even though they basi
477.
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matt-p
2y ago
Sorry, but I don't think this is the reason. There were vastly more people in financial services calling for us NOT to have brexit than fishermen asking for it, even in number of people. I honestly don't think this was a numbers
478.
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matt-p
2y ago
For another "not just the UK" example france has managed to persuade the EU not to buy british weapons out of the extra defence fund unless the UK give France some of it's fishing rights. Can you imagine being Poland and not
479.
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matt-p
2y ago
Sure, but that has nothing to do with costs and everything to do with what the market will bear (while still recovering costs). People will go and shop around for the best price on a $300 item, but for a $10 item they'll buy whatever&#
480.
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matt-p
2y ago
To less people? I think I touched on that but yes. All of that would typically be tied together as inventory cost (aside from theft, though some people do). Lots of fascinating things in retail. Around half of all theft will be from your ow
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