Posted on 11/14/2023 3:11:12 PM PST by conservative98
JACKSONVILLE, Fla. — A new trade agreement between the United Kingdom and Florida was signed here in Jacksonville Tuesday by Governor Ron DeSantis and UK Secretary of State for Business and Trade Kemi Badenoch.
The new memorandum of understanding is the ninth agreement of its kind between the UK and states here in the US and according to Secretary Badenoch, it is by far the largest to date.
The agreement is aimed at increasing investments between Florida and the UK as well as strengthening trade, academic research, and business relationships.
Priority areas laid out in the agreement include space, fintech, medical tech, supply chains, cyber security, and more.
The UK is already the largest foreign investor in the State of Florida, with $18 billion in holdings and 350 companies with a presence in the Sunshine State accounting for 70,000 Florida jobs.
The Governor said the goal is to send a message that the two governments want to see those economic ties grow even stronger.
“The UK is also Florida’s 8th largest bilateral trade partner globally, number one trade partner from Europe. $5.8 billion in 2022 and that’s grown by 119 percent just over the last five years,” said DeSantis.
(Excerpt) Read more at wokv.com ...
Since you missed that part of civics class, let me fill you in.
Governors strike state-level deals with foreign countries all the time.
From 2015:
Governors’ trade missions have uneven record of success (Seattle Times)
Multiple state governors are mentioned in this article.
And Congress retains that power by approving or not approving a State’s agreement/policy with other states and foreign countries.
States cannot sign trade agreements or treaties with foreign governments.
She is the strongest conservative in the British Government currently. A Tory’s Tory.
Nothing.
He’s desperately trying to promote the Global Statesman image.
He was bragging about supplying Israel with armaments, a claim that was rebuffed by the Israelis themselves.
“As long as the policies/trade agreements are okayed by Congress, then states can make them. Or are states supposed to wait for DC to micromanage their economies?”
Constitutionally that’s just not so.
You remember the time Scott Walker negotiated the Foxconn boondoggle with a Taiwanese tech company? It was an unmitigated disaster for Wisconsin taxpayers, but it wasn’t a “trade agreement.” It was just an attempt to induce a foreign investor to create jobs in the state. (Spoiler alert: it failed to do so in any meaningful way and cost Wisconsin billions.)
DeSantis can try bringing foreign (in this case British) investment into Florida, but that doesn’t rise to trade policy. UK exports to one state won’t get preferential treatment versus those imported to a neighboring state.
If he is successful in luring a British company to set roots in Florida I hope he avoids the mistakes of Wisconsin.
London-born British citizen. Parents of Yoruba (Nigerian) origin - doctor and medical academic.
London-born British citizen. Parents of Yoruba (Nigerian) origin - doctor and medical academic.
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