I haven’t bought anything from the UK since I owned that crap Triumph convertible in the 1970’s.
intercst
I haven’t bought anything from the UK since I owned that crap Triumph convertible in the 1970’s.
intercst
Last British thing I had was a Garrard turntable, in the mid 70s. I have Dunlop snow tires, which were made in Germany. There is no Dunlop tire company anymore. The Dunlop brand is used, depending on the country, by Goodyear, Sumitomo, or Continental. The last Dunlop tire plant in the UK closed in 2006.
Now, TIG will start whining about the 'non-tariff barrier" of cars in the UK needing to be right hand drive. He’ll probably whine about the taxes on gas in the UK, which will probably dampen demand for the huge SUVs that GM and Ford want to sell.
Steve
I recently bought a bottle of Oban single malt and last year a pair of Harbeth speakers.
DB2
It’s because we have a trade surplus with the UK. We already have a surplus with them. The first big trade announcement, and it’s with the country we already have a trade surplus with. LMAO.
I’m just glad I was able to purchase my latest Bentleys and Aston Martins recently. It would be a real hardship if they increased 10% (or 25% because they still have some steel in them!).
Pete
Neither have I and I live in the UK
Well it looks like England Capitulated. I am just wondering if they will become a state before Canada does. The race is on to be part of the United States.
Maybe they will change the name to “Airstrip One”?
It is stated that Oceania formed after the United States merged with the British Empire.
Oceania is made up by provinces, one of which is “Airstrip One”, as Britain is now known.
Steve
I am thinking we take the UK in then keep them for a year or two. Then spin them off loaded with all the debt. It seems doable.
You mean Britain or the U.K.
The Scotts can’t join Europe.
Britain is ok to be a vassal of the US. Most Europeans especially the French think they are not but they are.
Well that was an eye opening press release. I found out that Great Britain was one of the United States closest allies. But it seems the only thing we got was a blanket out of it. What will a security blanket do for us? But it’s good to know Great Britain is one of our closest allies. I have to give Trump a thumbs up for securing that.
Dear TJ,
So is the Deep South. We made a big mistake giving Southerners the vote again after the Civil War. We need a redo.
This is a trade deal that’s been in the works since Brexit, it’s nothing new. It’s nothing close to new.
Also worth mentioning that England is one of the countries we have a trade surplus with, so unless WE made concessions, we’re “ripping them off”, according to you-know-who.
Or maybe this is just irrelevant balderdash, announced for the consumption of bobble heads on financial TV.
A few things I have seen from the reporting: TIG brags about more US beef being exported, but the UK is not surrendering it’s beef standards. So, what is the bottom line, because adulterated beef is an “American traditional family value”.
UK built cars get a lower tariff in the US, but the UK car industry is just about extinct.
UK steel gets a lower tariff in the US, but, as we know, there is only one blast furnace still running in the UK.
So, is it a nothingburger? Is it another “deal” for the sake of bragging about a “deal” done?
Steve
Looking over the article on bubblevision’s web site:
Adjust tariffs on UK autos so that the first 100,000 vehicles imported from UK car manufacturers each year are subject to a 10% rate, and any additional vehicles face 25% rates
Last year, JLR sold 106650 cars in the US. JLR has several plants. Two are in the UK. The Discovery and Defender are built in Slovakia.
Halewood builds the Discovery Sport and Evoque.
Solihull builds Range Rover, Ranger Rover Sport, and Range Rover Velar.
Sounds like that 100k unit carve out is just about perfect to benefit all the insecure status seekers who buy Range Rovers, in spite of them being one of the shoddiest, most unreliable, pieces of poo on the US market.
But what happens when JLR moves production from the UK to India?
Steve
The manic is back in the market. Everyone is happy happy happy.
Hungover?
One politician is not equal to another.
A friend of mine in the auto industry discussed a car salesman who smoked with customers in the car. He swore. He spat. He griped. You name it. He said things about people’s wives. My friend said he was the best car salesman he ever met.
Meanwhile, the US big three are crying a river, over 100k cars/year from the UK, which, this article confirms, is about all the UK exports to the US anyway, at only a 10% tariff, while their many hundreds of thousands of cars/year from Canada and Mexico are taxed at 25%.
Steve
Let’s not take our eyes off the ball here. Who buys Rolls Royces? Job Creators. So 10% tariffs. Who buys cars made by the Big 3? Leachers and Moochers. So 25% tariffs.