Social Media Posted 6 hours ago Posted 6 hours ago Britain should align its trade priorities with the United States rather than the European Union's "socialist model," according to Stephen Moore, a senior economic adviser to Donald Trump. Moore's comments come as the former president-elect considers policies that could include sweeping tariffs, potentially sparking global trade tensions and significantly impacting the UK economy. Moore, speaking from Trump’s Mar-a-Lago residence in Palm Beach, Florida, suggested the US would be "less interested" in pursuing a free trade agreement with Britain if it moves toward closer alignment with the EU. "I’ve always said that Britain has to decide — do you want to go towards the European socialist model or do you want to go towards the US free market? Lately, it seems like they are shifting more in a European model, and so if that’s the case, I think we’d be less interested in having [a free trade deal]," he stated. The UK’s trade relationship with the EU remains a critical issue. Labour leader Sir Keir Starmer has prioritized negotiating closer ties with Brussels, aiming to bolster economic growth. Similarly, Andrew Bailey, governor of the Bank of England, recently emphasized the need to rebuild trade relations with the EU, arguing that Brexit had weighed on the UK economy. Labour has proposed easing post-Brexit checks on goods crossing the Channel and securing EU recognition of UK professional qualifications. Moore noted that Trump’s proposed tariffs — as high as 20% on imports generally and up to 60% on goods from China — reflect his mandate to revitalize American manufacturing and create jobs. While tariffs could trigger a global trade war, Moore argued they might also "shift production more to domestic" industries, stating, "I’m a free trader, but the public agrees with Trump, and so I think we will see tariffs." Trump himself recently declared that “tariffs” were “the most beautiful word in the dictionary.” The potential implications for Britain are substantial. The National Institute of Economic and Social Research has estimated that Trump’s tariff policies could halve the UK’s GDP growth, creating a £21.5 billion shortfall in the country’s tax and spending plans while driving inflation up by 3 to 4 percentage points. While the EU has prepared retaliatory tariffs targeting iconic American goods like Levi’s jeans and Harley Davidson motorcycles, the UK is unlikely to follow suit, fearing escalation. Instead, ministers are reportedly seeking a carve-out from US tariffs. A free trade deal between the US and UK remains a contentious issue. Boris Johnson’s government previously pursued such an agreement during Trump’s administration, but talks stalled over disputes regarding American agricultural standards. Current Labour leadership, including Chancellor Rachel Reeves, has ruled out allowing imports of chlorine-washed chicken or hormone-treated beef, emphasizing, "We are not going to allow British farmers to be undercut by different rules and regulations in other countries." Moore, who has warmed to Trump’s protectionist rhetoric, explained the strategy: "What he’s talking about is using — he put it very well — raising taxes on things made in China, Mexico, and Europe but lowering taxes on things made here." He acknowledged concerns about trade wars but echoed Trump’s sentiment that such conflicts already exist in practice. Lord Mandelson, a contender for the role of British ambassador to Washington, has advocated for a pragmatic approach. He suggested the UK pursue a limited agreement focusing on digital services and technology. Meanwhile, Lord Darroch, a former British ambassador to the US, predicted that Trump would act decisively on tariffs, leveraging them to demand concessions from trading partners. As the UK navigates its post-Brexit trade strategy, the choice between closer ties with the EU or the US looms large, with significant economic and political consequences tied to either path. Based on a report by the Times and Sunday Times 2024-11-18 2
Popular Post bradiston Posted 4 hours ago Popular Post Posted 4 hours ago Free trade my ass! Upcoming tariffs are not indicators of free trade. What complete cobblers. And depicting the EU as socialist! Such deep seated ignorance. This rhetoric has been going on ever since Trump's first administration. Lefties, socialists, liberals. The right wing creep. Profound American ignorance. Let's see how Trump deals with Putin, Iran, Xi and Kim. 1 3
soalbundy Posted 3 hours ago Posted 3 hours ago The Brexit mistake is becoming ever more apparent and the lie of 'the special relationship' is being laid wide open. The UK is historically and geographically European, we shouldn't be a poodle to 'the ugly American'. Seems Trump wants tariffs with just about everyone which shows how weak it's employment figures are and how precarious its economy is, history shows that tariffs don't work, you can't beat the market. Tariffs stop innovation in ones own industry and you fall behind your competitors who modernize to become more efficient, a point in question here is the inefficient American steel industry compared to Europe, China and Japan. 1 1
Popular Post RichardColeman Posted 2 hours ago Popular Post Posted 2 hours ago 36 minutes ago, soalbundy said: The Brexit mistake is becoming ever more apparent and the lie of 'the special relationship' is being laid wide open. Yeah, like Germany and France are pillars of virtue now, both in political chaos, both finding it hard to form governments and mass immigration killing both of them, hunting down jews in France hardly seems normal to me. EU is finished, its in its death throws. Only people wanting it are the people getting rich off it. Problem UK has is Liebour - destroying the country as per usual 1 1 3
OneMoreFarang Posted 2 hours ago Posted 2 hours ago It's pretty obvious what they UK should do. But then, that was also pretty obvious in 2016 before they voted the other way. 1
Hummin Posted 2 hours ago Posted 2 hours ago What Donald seems to forget, Asia is a much bigger marked than Usa, We got goods Asia wants, they got goods we want! Donald only shoot himself in the leg the way he think he can dictate the world 1
soalbundy Posted 2 hours ago Posted 2 hours ago (edited) 28 minutes ago, RichardColeman said: Yeah, like Germany and France are pillars of virtue now, both in political chaos, both finding it hard to form governments and mass immigration killing both of them, hunting down jews in France hardly seems normal to me. EU is finished, its in its death throws. Only people wanting it are the people getting rich off it. Problem UK has is Liebour - destroying the country as per usual The EU has been prophesied to fail along with the Euro since their inception and yet here they are, still a power to be reckoned with, it would be difficult to name an innovation that hasn't come from Europe (that includes the UK). Unfortunately the UK hasn't yet managed to shake of the mystic of Empire and glory, now alone it is insignificant, not knowing which coat tail to hang on to, America or Europe, before Trump they tried to hang on to both, that wont work anymore. Even the governor of the Bank of England has said that Brexit has significantly damaged the British economy. Edited 2 hours ago by soalbundy 1 1
BritManToo Posted 2 hours ago Posted 2 hours ago (edited) 1 hour ago, soalbundy said: The UK is historically and geographically European Historically, England is the traditional enemy of European countries. While America is the child of England. As for the current United Europe under German rule, didn't we have 2 world wars to stop that? Edited 2 hours ago by BritManToo 1 1
Chomper Higgot Posted 2 hours ago Posted 2 hours ago When the UK left the EU it placed itself at the whim of the U.S. The only reason for any weight being given to statements from Washington about how the UK economy should operate is because Washington has the UK in the very corner the UK put itself. MAGA is not about doing anything at all favorable for UK unless it directly benefits the US or more precisely the interests Trump represents. Prepare to be shafted.
soalbundy Posted 1 hour ago Posted 1 hour ago 2 minutes ago, BritManToo said: Historically, England is the traditional enemy of European countries. While America is the child of England. As for the current United Europe under German rule, didn't we have 2 world wars to stop that? Wrong on both counts, pure 'by jingoism' 1
Chomper Higgot Posted 1 hour ago Posted 1 hour ago 7 minutes ago, BritManToo said: Historically, England is the traditional enemy of European countries. While America is the child of England. As for the current United Europe under German rule, didn't we have 2 world wars to stop that? Delusional nonsense.
JonnyF Posted 1 hour ago Posted 1 hour ago Donald is bang on the money again. The EU is a sinking ship and we got off at the right time. We need to distance ourselves from it and join forces with the US under Trump. The EU is in chaos and it will only get worse. Especially if they continue the lawfare and shenanighans against right wing parties and embracing "Diversity/Immigration". 1
newbee2022 Posted 15 minutes ago Posted 15 minutes ago 1 hour ago, BritManToo said: Historically, England is the traditional enemy of European countries. While America is the child of England. As for the current United Europe under German rule, didn't we have 2 world wars to stop that? You think EU is a dictatorship??
BritManToo Posted 13 minutes ago Posted 13 minutes ago (edited) 9 minutes ago, newbee2022 said: You think EU is a dictatorship?? All states are equal, although Germany seems a bit more equal than anyone else. But back on topic, if I were forced to choose a master, I'd choose the USA in preference to the EU. (not bothered about which ruler currently in power) Obviously I'd never get a vote, admittedly being one of those selfish people not worthy of voting. Edited 8 minutes ago by BritManToo
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