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UK-US Trade deals.

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UK-US Trade deals.

Postby Hairyloon » Mon Jan 30, 2017 10:57 am

Donald Trump’s economic plan proposes tax cuts, reduced regulation, lower energy costs, and eliminating America’s chronic trade deficit.
Trump’s goal is to significantly increase America’s real GDP growth rate and thereby create millions of additional new jobs and trillions of dollars of additional income and tax revenues...


https://assets.donaldjtrump.com/Trump_Economic_Plan.pdf
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Re: UK-US Trade deals.

Postby dls » Mon Jan 30, 2017 1:42 pm

. . and?
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Re: UK-US Trade deals.

Postby Hairyloon » Mon Jan 30, 2017 2:47 pm

dls wrote:. . and?

“Any deal must increase the GDP growth rate, decrease the trade deficit, and strengthen the US manufacturing base.”

Our surplus through trade with the US runs at about £40bn (ONS figures). If I understand correctly, our surplus equates to their deficit, so it looks like they will be wanting to push an extra £40Bn worth of goods onto us and from what I am led to believe, much of what they produce is utter crap...
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Re: UK-US Trade deals.

Postby miner » Mon Jan 30, 2017 6:02 pm

Hairyloon wrote:
dls wrote:. . and?

“Any deal must increase the GDP growth rate, decrease the trade deficit, and strengthen the US manufacturing base.”

Our surplus through trade with the US runs at about £40bn (ONS figures). If I understand correctly, our surplus equates to their deficit, so it looks like they will be wanting to push an extra £40Bn worth of goods onto us and from what I am led to believe, much of what they produce is utter crap...


And much of it isn't.

At the end of the day it's up to UK Industry and consumers to decide what they want to buy. Crap doesn't generally sell.

Their own cars are in my view for the most part utter crap. Quite how Chrysler ever seriously believed they could sell their awful PT Cruiser (that abortion of a vehicle that looks like a fastback van) in the UK escapes me. It's acknowledged even in N America as one of the very worst PsoS ever produced. Chrysler doesn't even exist as a brand name in the UK any more, nor does Chevrolet after a brief attempted incursion into the UK market. Remember the US-produced Vauxhall/Opel Sintra?

But don't forget that all the BMW X5s, X6s and the current generation of X3s as well as all the Mercedes MLs are actually made in the USA. The US-produced VW Passats for the NA market are fine.
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Re: UK-US Trade deals.

Postby diy » Tue Jan 31, 2017 7:43 am

their cars may be mostly crap but their wine, software, computers, weapons, airlines etc. ??
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Re: UK-US Trade deals.

Postby atticus » Tue Jan 31, 2017 7:51 am

Weapons, diy?

I can agree with the others, but not weapons. Anyway, won't wasting the nation 's money on Trident go a long way towards redressing any imbalance that the current President may perceive.
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Re: UK-US Trade deals.

Postby diy » Tue Jan 31, 2017 8:23 am

They are ranked no.1
https://en.wikipedia.org/wiki/Arms_industry

and to be fair Teslas are very nice and not at all built like american cars
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Re: UK-US Trade deals.

Postby atticus » Tue Jan 31, 2017 8:48 am

My son rates Tesla cars highly. He's an automotive engineer.
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Re: UK-US Trade deals.

Postby Hairyloon » Tue Jan 31, 2017 9:22 am

diy wrote:their cars may be mostly crap but their wine, software, computers, weapons, airlines etc. ??

Chocolate, meat, etc?
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Re: UK-US Trade deals.

Postby diy » Tue Jan 31, 2017 10:13 am

I'd rather eat at Wendy's than Quick.
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