| American workers enjoying the tarrif show. 22:26 - Apr 2 with 3426 views | Eireannach_gorm |
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| American workers enjoying the tarrif show. on 22:46 - Apr 2 with 2634 views | TractorWood |
10% is decent imo. Ftse futures is down 40 points, that's broadly fine.
If we get a trade deal it's even better. |  |
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| American workers enjoying the tarrif show. on 22:47 - Apr 2 with 2614 views | Trequartista |
| American workers enjoying the tarrif show. on 22:46 - Apr 2 by TractorWood |
10% is decent imo. Ftse futures is down 40 points, that's broadly fine.
If we get a trade deal it's even better. |
Finally, a Brexit benefit! |  |
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| American workers enjoying the tarrif show. on 22:59 - Apr 2 with 2539 views | Cheltenham_Blue |
| American workers enjoying the tarrif show. on 22:47 - Apr 2 by Trequartista |
Finally, a Brexit benefit! |
errr...you mean "The latest of a long line of Brexit bonuses"? |  |
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| American workers enjoying the tarrif show. on 23:17 - Apr 2 with 2455 views | ElderGrizzly |
So much winning
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| American workers enjoying the tarrif show. on 23:27 - Apr 2 with 2442 views | redrickstuhaart |
| American workers enjoying the tarrif show. on 22:46 - Apr 2 by TractorWood |
10% is decent imo. Ftse futures is down 40 points, that's broadly fine.
If we get a trade deal it's even better. |
So the bully hit us in the stomach rather than the face. So we should be thankful in the hope he does the same again next time. |  | | |
| American workers enjoying the tarrif show. on 23:31 - Apr 2 with 2390 views | BanksterDebtSlave |
| American workers enjoying the tarrif show. on 22:46 - Apr 2 by TractorWood |
10% is decent imo. Ftse futures is down 40 points, that's broadly fine.
If we get a trade deal it's even better. |
Madness! |  |
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| American workers enjoying the tarrif show. on 23:32 - Apr 2 with 2403 views | TractorWood |
| American workers enjoying the tarrif show. on 23:27 - Apr 2 by redrickstuhaart |
So the bully hit us in the stomach rather than the face. So we should be thankful in the hope he does the same again next time. |
He has invited us to take a draw by effectively, mutually scrapping our tariffs.
However, as I understand it (Trump's waffle), this would include VAT on US imports to the UK. Which (imo) is very unlikely as it would put US imports at a commercial advantage from B2C as VAT is a consumer tax.
Arbitrary brinksmanship like Trump will get arbitrary responses imo. Interesting to see how the FTSE will respond tomorrow as it's comparatively beneficial to us but perhaps worse for global trade than expected. [Post edited 2 Apr 23:33]
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| American workers enjoying the tarrif show. on 23:41 - Apr 2 with 2336 views | Churchman |
| American workers enjoying the tarrif show. on 22:46 - Apr 2 by TractorWood |
10% is decent imo. Ftse futures is down 40 points, that's broadly fine.
If we get a trade deal it's even better. |
The last thing we want is a trade deal with that madman and a country of betrayers. Any deal will screw us to their advantage - just like most deals in that colony and UKs history.
Walk away Starmer. After being a good boy and grovelling obsequiously he slapped you round the head. There is nothing in it for you beyond indigestion and a need for a breath mint.
Take their gas and oil and anything critical while moving quietly to other stable suppliers, promote free trade across the free world bar America, sort out Eu and Canada relationships, continue defence arrangements with the US but move quietly away from them on that and leave them to bread lines, botched executions and oversize hats.
10% tariffs when the U.K. already has pretty much balanced trade with the US is a ffing disgrace. |  | | |
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| American workers enjoying the tarrif show. on 23:43 - Apr 2 with 2310 views | BanksterDebtSlave |
| American workers enjoying the tarrif show. on 23:41 - Apr 2 by Churchman |
The last thing we want is a trade deal with that madman and a country of betrayers. Any deal will screw us to their advantage - just like most deals in that colony and UKs history.
Walk away Starmer. After being a good boy and grovelling obsequiously he slapped you round the head. There is nothing in it for you beyond indigestion and a need for a breath mint.
Take their gas and oil and anything critical while moving quietly to other stable suppliers, promote free trade across the free world bar America, sort out Eu and Canada relationships, continue defence arrangements with the US but move quietly away from them on that and leave them to bread lines, botched executions and oversize hats.
10% tariffs when the U.K. already has pretty much balanced trade with the US is a ffing disgrace. |
Yeah but the FTSE. | |
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| American workers enjoying the tarrif show. on 23:43 - Apr 2 with 2323 views | Trequartista |
| American workers enjoying the tarrif show. on 23:32 - Apr 2 by TractorWood |
He has invited us to take a draw by effectively, mutually scrapping our tariffs.
However, as I understand it (Trump's waffle), this would include VAT on US imports to the UK. Which (imo) is very unlikely as it would put US imports at a commercial advantage from B2C as VAT is a consumer tax.
Arbitrary brinksmanship like Trump will get arbitrary responses imo. Interesting to see how the FTSE will respond tomorrow as it's comparatively beneficial to us but perhaps worse for global trade than expected. [Post edited 2 Apr 23:33]
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I'm curious to know about the figures displayed on the boards as the tariff charged to the usa, e.g. EU 39%, China 67%. Does anyone who knows about these things know if these are just Trump making things up, or real tariffs already imposed on the USA. If the former, of course, I wouldn't be surprised, if the latter, why is Trump getting blamed? | |
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| American workers enjoying the tarrif show. on 23:45 - Apr 2 with 2299 views | redrickstuhaart |
| American workers enjoying the tarrif show. on 23:41 - Apr 2 by Churchman |
The last thing we want is a trade deal with that madman and a country of betrayers. Any deal will screw us to their advantage - just like most deals in that colony and UKs history.
Walk away Starmer. After being a good boy and grovelling obsequiously he slapped you round the head. There is nothing in it for you beyond indigestion and a need for a breath mint.
Take their gas and oil and anything critical while moving quietly to other stable suppliers, promote free trade across the free world bar America, sort out Eu and Canada relationships, continue defence arrangements with the US but move quietly away from them on that and leave them to bread lines, botched executions and oversize hats.
10% tariffs when the U.K. already has pretty much balanced trade with the US is a ffing disgrace. |
Its not balanced. The US has 6 times as many consumers and is much richer than we are. If it were balanced, we would be exporting far far more. | | | |
| American workers enjoying the tarrif show. on 23:48 - Apr 2 with 2278 views | Churchman |
| American workers enjoying the tarrif show. on 23:45 - Apr 2 by redrickstuhaart |
Its not balanced. The US has 6 times as many consumers and is much richer than we are. If it were balanced, we would be exporting far far more. |
It is in terms of numbers, but I get what you are saying. | | | |
| American workers enjoying the tarrif show. on 23:53 - Apr 2 with 2243 views | TractorWood |
| American workers enjoying the tarrif show. on 23:43 - Apr 2 by Trequartista |
I'm curious to know about the figures displayed on the boards as the tariff charged to the usa, e.g. EU 39%, China 67%. Does anyone who knows about these things know if these are just Trump making things up, or real tariffs already imposed on the USA. If the former, of course, I wouldn't be surprised, if the latter, why is Trump getting blamed? |
Reaction has been a bit of bemusement from international trade experts as there appears to be some currency arbitrage in there and other broader costs. No one has said they are ludicrously wrong but a few have asked to see the workings. | |
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| American workers enjoying the tarrif show. on 00:00 - Apr 3 with 2214 views | TractorWood |
| American workers enjoying the tarrif show. on 23:45 - Apr 2 by redrickstuhaart |
Its not balanced. The US has 6 times as many consumers and is much richer than we are. If it were balanced, we would be exporting far far more. |
Trade deficits work on the difference between respective imports and exports not the disparity between the nations. | |
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| American workers enjoying the tarrif show. on 00:01 - Apr 3 with 2203 views | Kievthegreat |
| American workers enjoying the tarrif show. on 23:43 - Apr 2 by Trequartista |
I'm curious to know about the figures displayed on the boards as the tariff charged to the usa, e.g. EU 39%, China 67%. Does anyone who knows about these things know if these are just Trump making things up, or real tariffs already imposed on the USA. If the former, of course, I wouldn't be surprised, if the latter, why is Trump getting blamed? |
He's using trade deficit divided by total imports. i.e:
US Imports from EU = $605.8bn
Deficit = $235.6Bn
His nonsense "reciprocal tariff" = 235.6/605.8 = 38.89%
Same Maths for China as well.
US Imports from China = $438.9bn
Deficit = $295.4Bn
His nonsense "reciprocal tariff" = 295.4/438.9 = 67.3%
https://ustr.gov/countries-regions/europe-middle-east/europe/european-union
https://ustr.gov/countries-regions/china-mongolia-taiwan/peoples-republic-china
It's like giving a monkey a spreadsheet. Yeah he's worked out how formulas work, but he doesn't know what any of the numbers actually mean! [Post edited 3 Apr 0:03]
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| American workers enjoying the tarrif show. on 00:04 - Apr 3 with 2146 views | TractorWood |
Thanks for this.
That's mad logic his end. [Post edited 3 Apr 0:05]
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| American workers enjoying the tarrif show. on 00:05 - Apr 3 with 2140 views | Churchman |
Of course he hasn’t. For that idiot an abacus would be a thing of wonder and confusion. | | | |
| American workers enjoying the tarrif show. on 00:05 - Apr 3 with 2145 views | Trequartista |
Ah i see so they're not really tariffs at all. Usually the main news outlets like Sky and BBC are at pains to point out fact checking but I hadn't managed to find what you've shown there, thanks. | |
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| American workers enjoying the tarrif show. on 00:13 - Apr 3 with 2076 views | Kievthegreat |
| American workers enjoying the tarrif show. on 00:05 - Apr 3 by Trequartista |
Ah i see so they're not really tariffs at all. Usually the main news outlets like Sky and BBC are at pains to point out fact checking but I hadn't managed to find what you've shown there, thanks. |
I hadn't either. I saw it on social Media, thought it absolutely daft but something that could easily be true, but thought it odd it wasn't mentioned elsewhere.
However a quick google of the numbers from a US Gov website lines up way to perfectly. The only ones it doesn't seem to work for is for surpluses or low deficits which seem to just be set to 10%. | | | |
| American workers enjoying the tarrif show. on 00:23 - Apr 3 with 2025 views | Churchman |
Am I the only one who thought the ‘construction workers’ were going to break out into Village People’s YMCA?
I guess they were missing the Native American Indian, Cowboy, military dude and a couple of others.
Would have been great though. The little dance, hand gestures - the opportunity was right there and they blew it. [Post edited 3 Apr 0:38]
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| American workers enjoying the tarrif show. on 06:15 - Apr 3 with 1710 views | iamatractorboy |
| American workers enjoying the tarrif show. on 23:41 - Apr 2 by Churchman |
The last thing we want is a trade deal with that madman and a country of betrayers. Any deal will screw us to their advantage - just like most deals in that colony and UKs history.
Walk away Starmer. After being a good boy and grovelling obsequiously he slapped you round the head. There is nothing in it for you beyond indigestion and a need for a breath mint.
Take their gas and oil and anything critical while moving quietly to other stable suppliers, promote free trade across the free world bar America, sort out Eu and Canada relationships, continue defence arrangements with the US but move quietly away from them on that and leave them to bread lines, botched executions and oversize hats.
10% tariffs when the U.K. already has pretty much balanced trade with the US is a ffing disgrace. |
What chance Starmer will stand up to him?
Oh, obviously not in any way related to this...
https://www.theguardian.com/environment/2025/apr/02/invertebrate-of-the-year-202 | | | |
| American workers enjoying the tarrif show. on 08:33 - Apr 3 with 1441 views | Crawfordsboot |
I am surprised that there has been no mention of the huge advantage the USA gains from the dollar being the reserve currency for much of the world. Countries have to hold dollars which means the dollars is strengthened and at a higher level than it would otherwise be.
Anyone on here qualified or able to comment on this. |  | | |
| American workers enjoying the tarrif show. on 08:43 - Apr 3 with 1390 views | GeoffSentence |
| American workers enjoying the tarrif show. on 00:05 - Apr 3 by Churchman |
Of course he hasn’t. For that idiot an abacus would be a thing of wonder and confusion. |
Well, to be fair, it would be for most of us, Chinese maths geniuses aside. |  |
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