Tariff War between USA and EU?

a reply to: eletheia

Portugal seems to have done leaving the retainer-zone(?word?) without much help from outside. Just like Iceland, I think.

a reply to: eletheia

You do realize that this money is just EU contributions and subsidy and has nothing to do with trade?

And if the continuation of the EU stands or falls with the UK being in or out, well, then it's wasn't much to begin with.
But I recon we'll be fine

Fighting with Russia, risking the heat next winter. Meanwhile heating up a fight with the US at the same time?

Ridiculous. Lol

originally posted by: Jubei42
a reply to: eletheia

You do realize that this money is just EU contributions and subsidy and has nothing to do with trade?

Trade has gone on since time began in one way or another!

And it will go on after Brexit, but the EU will suffer without

the UK contributions unless it can find another member to take up

the slack.....I dont see any country chomping at the bit to do that?

but can see many in the EU discontented with the EU and their aim

for ever increasing closer intergration and their other policies including

that of immigration.

And if the continuation of the EU stands or falls with the UK being in or out, well, then it's wasn't much to begin with.

The UK leaving is only the first pebble in the avalanche... and yes it wasnt

much to begin with more an ideology .... which is always open to power

and corruption!

But I recon we'll be fine

I recon we will be more than just fine

a reply to: eletheia

As soon as the british island sets sail and leaves for China. Bon voyage.

a reply to: bigfatfurrytexan

Oh how will we miss the tomatoes, the potatoes, the orange juice, the motorcycles (no, not those!)!

..

"Ridiculous" would be increasing the costs for raw materials. You know, like steel. Or aluminium. Think about what could be built with that stuff. Ok, you may try to build it with tomatoes. Plenty of those around next year or so.
Yes, I am kidding, I do not like tariff wars at all, but who am I to decide about that kind of stuff?

a reply to: ManFromEurope

Do your worst EU.

a reply to: Lysergic

US goes first. At least that is what we are told.

Any news about this from your side of the pond?

a reply to: ManFromEurope

Nah, seems like nobody cares at all over here TBH.

I've not seen a peep on the usually mainstream crap websites or on my local syndicated news.

Only recall washing machines and solar panels.

a reply to: ManFromEurope

Houses built from tomatoes sounds delicious. Do i get an olive oil shower?

originally posted by: bigfatfurrytexan
a reply to: ManFromEurope

Houses built from tomatoes sounds delicious. Do i get an olive oil shower?

And as a foundation some.. dough. Thinly rolled. You got some nice cheese, like Mozzarella or something?
That's great, now I am hungry!

a reply to: eletheia

And it will go on after Brexit, but the EU will suffer without

the UK contributions unless it can find another member to take up

the slack

Except that it is the UK that will suffer because they no longer have access to the internal market. The fact that the EU no longer has access to the UK market is aslo not good for business, but not nearly as damaging.
That's why it is so important for the UK to negotiate themselves back into the internal market.
Access to internal market = free trade
No access = traiffs, customs delay and what not

originally posted by: ManFromEurope
a reply to: dragonridr

Hmm. Your info is correct (found a database, here is an example for flower bulbs etc.).

But as you said, usually the tariff is low, to not disturb free trade too much (just taking a bit of the top, and some slices from the left and the right side of the cake, and maybe some taste of the filling, too... so to say)

The punitive tariff would be much more, of course.

Okay, in this case, tariffs are plenty abound. And some stuff isn't wanted from the other country (like Kinder-chocolate eggs or HFCS - oh, compare the German version of wikipedia on this topic to the English version. Quite some difference..), so there are regulations there, too.

Now, is this just a show to embolish the way of "buy local"?

c

Problem is it doesn't take a large tariff to make one product more expensive then another. So even these small bites as you put it can cause a US product to be more expensive.

If the EU wants to be fair remove the Tariffs on US goods and standardize requirements so American products can compete. Until then the EU whinning about possible tariffs the US may place Is laughable at best.

a reply to: dragonridr

If the EU wants to be fair remove the Tariffs on US goods and standardize requirements so American products can compete. Until then the EU whinning about possible tariffs the US may place Is laughable at best.

You are not talking about GMO corn or something like that? Bc I can live without that.

Oh, by the way, I just learned that high fructose corn syrup is used so much in the US because sugar is highly tariffed..

a reply to: Jubei42
Well a certain Ms May is in talks with Mr Trump for a US/UK trade deal. The UK will accept all US imports tariff free, like Trident, fighter aircraft, Motorcycles etc. etc. etc.
And in reciprocation the UK has tariff free access to the US with our exports like eerrr, eeerr, eeerrr. Come on Eletheia tell me what we can export that aint owned by the French, Germans, Japanese, Chinese, Russians and all and sundry cos the UK has got no big businesses to pull any big money into the UK economy. Oh, I forgot Bombardier, but then again the US just blew that out of the water.

originally posted by: Jubei42

Except that it is the UK that will suffer because they no longer have access to the internal market. The fact that the EU no longer has access to the UK market is aslo not good for business, but not nearly as damaging.
That's why it is so important for the UK to negotiate themselves back into the internal market.
Access to internal market = free trade
No access = traiffs, customs delay and what not

It never ceases to amaze me how the EU considers its self as *the world*

The world is a much bigger place then Europe.


And as the EU sells more to the UK .... If we go elsewhere for our requirements


Trading is a two way business usually beneficial to both parties, sometimes

one party gets greedy and wants control ( eg. that huge cumbersome bloc

aka the EU) thats when things begin to fall apart.


*Free trade* is not free when you have to pay to belong to the club.

originally posted by: eletheia



And as the EU sells more to the UK .... If we go elsewhere for our requirements

Trading is a two way business usually beneficial to both parties, sometimes

one party gets greedy and wants control ( eg. that huge cumbersome bloc

aka the EU) thats when things begin to fall apart.


*Free trade* is not free when you have to pay to belong to the club.

That's not an IF. The UK will be going else where because for the price you used to get it, it's no longer available.
And that was all the UKs own choice. GL joining another club that has no fees

originally posted by: crayzeed

Come on Eletheia tell me what we can export that aint owned by the French, Germans, Japanese, Chinese, Russians and all and sundry cos the UK has got no big businesses to pull any big money into the UK economy. Oh, I forgot Bombardier, but then again the US just blew that out of the water.

The 30 largest export commodities of the United Kingdom (UK) in 2016 range from machinery and pharmaceutical products to paper, textile and crude materials. Mechanical machinery was the most valuable commodity with exports being worth 40.6 billion British pounds. Cars and electrical machinery came in second, at 30.4 billion and 25.4 million respectively. Overall the 30 largest export commodities had a worth of 279.6 billion British pounds. By comparison, electrical machinery was the largest UK import commodity, with a value of 53.4 billion British pounds. Mechanical machinery and cars made up the top three of most valuable import commodities. According to data regarding the largest export commodities of the United Kingdom, the most important export market was the United States, with an export value of 47.5 billion British pounds.

12 Sep 2017 - There was a huge reaction when New York dethroned London as the world's top financial hub in 2013. But the British capital regained its crown in 2015 and this year extended its lead despite the UK's looming departure from the European Union.

London Retains Its Crown as World's Top Financial Center
11 Sep 2017 - London retained its crown as the world's top financial center in a ranking that surveys industry professionals, extending its lead over New York and Hong Kong despite ongoing uncertainty about the implications of Brexit.

Oh ye of little faith

Trump put a 30% tariff on solar panels. I think that is crap and has more to do with him Kowtowing to energy companies than being in the interest of the American people.

originally posted by: watchitburn
The EU is falling apart.

Let them put up their tariffs, they won't last long.

We're leaving so i have no axe to grind.......but given the choice (which we soon get) id take German steel over US steel any day of the week. And that is exactly why the US is considering tariffs - because pretty much everyone else would too, given the choice.