Posted on 08/27/2019 12:29:59 AM PDT by Cronos
...Mr Johnson said the US must open up its markets if a post-Brexit trade deal is to be agreed.
"I don't think we sell a single joint of British lamb in the UnitedStates, we don't sell any beef,"
....Johnson told Trump: "Talking of the anchor, Donald, what we want is for our ships to take freight, say, from New York to Boston, which for the moment they're not able to do."
Johnson said agreeing any trade deals with the US within ayear "would be tight".
"My own experience of the way Americans work, the size and complexity of the deal we want to do probably means we won't be able to do within a year.
...Offering an example of American trade restriction: "Melton Mowbray pork pies, which are sold in Thailand and in Iceland, are currently unable to enter the US market because of, I don't know, some sort of food and drug administration restriction."
"UK bell peppers cannot get into the US market at all.
"Wine shipments are heavily restricted. If you want to export wine made in England to the US you have to go through a US distributor.
"There is a tax on British micro-breweries in the US that doesn't apply to US micro-breweries in the UK."
The government added that tariffs on some UK goods in the US can reach up to 28% for fashion, 15% for machinery and 35% for food and drink.
... the US "would be loathe" to get rid of the barriers intended to protect US producers.
"The US is quite protectionist - the US have never done a trade deal the likes of which Mr Johnson is describing.
"The question is whether the US is prepared to give the UK something and what we would have to give them in return.
(Excerpt) Read more at bbc.com ...
as I have said over and over again - a trade deal will take time, it won’t happen overnight.
And, as I kept saying there WILL be objections and disputes over the details and many posters called this project fear.
Well, here you go - it ain’t fear, it’s fact. There will be discussions and the final trade deal will take time before being signed.
Well, they never should have set fire to the White House back in the day. ;-)
lol
The Chinese never got near our White House :)
Amazing how over time enemies become allies and allies become enemies and France remains both.
The US and U.K. can strike a temporary trade deal - day two years in duration while negotiating for a permanent deal. That’s exactly what Trump has proposed.
hmmm... can you explain how this “temporary trade deal” would work? I have no idea how this is possible - doesn’t ia trade deal need to go through parliament and Congress?
What is also interesting about China under Xi is the unnecessary hubris.
If China had been following the Deng strategy of quietly growing and not making too much noise, all would be well.
They didn’t need to grab the south China sea so overtly.
They didn’t need to stir trouble with the Doklam issue.
They didn’t need to re-arm themselves so much.
Imagine if they had quietly kept growing, not drawing too much non-economic attention to themselves. Then by 2030 they would be unstoppable.
I wonder why Xi acted this way. Is it his personal issue? Or is it a China structural issue that caused them to draw attention to themselves?
Are those trade deals made independently of the EU? If the EU had a hand in them, then Boris can go bugger off.
post-Brexit deal implies that this is only the UK and not the other 27 countries + the UK dealing with the USA.
What Boris is talking about is that he wants a US-UK trade deal where
1. the UK can sell British (Welsh to be specific) lamb to the USA
2. the UK can sell beef to the USA
3. the UK can sell pork pies to the USA
4. the UK can sell bell peppers
5. the USA removes restrictions on British wine (I understand the English grow a little wine now - never tried it)
6. the USA removes tariffs on UK goods (28% on fashion, 15% on machinery and 35% for food)
nearly all of the above items seem agriculture related, so American farmers may not want to allow free flow of British agricultural products.
And definitely British farmers will want protection from American products which, with economies of scale, can be cheaper.
“Amazing how over time enemies become allies and allies become enemies and France remains both.”
*
The French are whores. Always have been, always will be....
I'd see it as a win-win, though I'm no economist and I don't know all the in's and out's of the state of the British economy specific to the items and protections listed in the article.
Disclaimer: as always, I reserve the right to be wrong and sometimes I am. Just ask my GF.
And cowards.
Thatcher would devastate the British economy. For agricultural and manufacturing sectors it cannot compete in terms of economies of scale. For services it can compete and offers similar products to wall street.
While I dislike the French as well, those characterizations aren’t true.
Their aid is what pushed the American revolution in favour of the colonialists.
And they distinguished themselves in battle in world war one where most of the bloody battles were fought on French territory.
Their fault is linked to the French revolution when they destroyed their culture, and gave up their leading nation role. They elevated nationalism to replace religion and that is their cardinal fault
Thank you for the education. (Sincerely...)
I’d enjoy some of their lamb, please!
Still shilling for the EU, I see! They must pay you overtime.
Weren’t the restrictions on their beef imposed due to mad cow disease?
Also I remember a scandal in Britain a few years ago when ready made products were found to contain horsemeat instead of beef or pork.
[What is also interesting about China under Xi is the unnecessary hubris.]
Looks like the pork pies might have been brought up by Boris to pre-empt their squealing they were losing the protectionism they had with the EU:
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