How do we think US negotiations will go
Discussion
So as well as the UK - EU trade deal the government are starting to work on a deal with the US.
https://www.bbc.co.uk/news/uk-politics-51706802
The government has estimated a post-Brexit trade deal with the United States would boost the UK economy by 0.16% over the next 15 years.
It suggests a number of economic sectors, including energy, carmaking and construction are expected to benefit from a boost if a deal is struck.
However, it said a US deal would lead to a long-term 0.5% reduction in the output of the financial services sector, with resources "reallocated" to other areas.
The UK, as expected, pledges to protect consumer standards and the NHS. But America wants more access for its farmers, which would likely necessitate a relaxing of standards.
The US has also specified it wants to be able to veto the UK's ability to strike deals with "non-market economies" meaning the likes of China
https://www.bbc.co.uk/news/uk-politics-51706802
The government has estimated a post-Brexit trade deal with the United States would boost the UK economy by 0.16% over the next 15 years.
It suggests a number of economic sectors, including energy, carmaking and construction are expected to benefit from a boost if a deal is struck.
However, it said a US deal would lead to a long-term 0.5% reduction in the output of the financial services sector, with resources "reallocated" to other areas.
The UK, as expected, pledges to protect consumer standards and the NHS. But America wants more access for its farmers, which would likely necessitate a relaxing of standards.
The US has also specified it wants to be able to veto the UK's ability to strike deals with "non-market economies" meaning the likes of China
It will be a negotiation between equals. The US won't take advantage of the fact that we're in a much weaker position now than if we had been part of the EU. Just as they've done with the TPP, the TTIP, and with NAFTA they'll look for a win-win position rather than bully us into a "Our way or the Huawei" deal.
Joking aside, they hold ALL the cards. We'll be lucky if they let us keep our underpants.
Joking aside, they hold ALL the cards. We'll be lucky if they let us keep our underpants.
Countdown said:
It will be a negotiation between equals. The US won't take advantage of the fact that we're in a much weaker position now than if we had been part of the EU. Just as they've done with the TPP, the TTIP, and with NAFTA they'll look for a win-win position rather than bully us into a "Our way or the Huawei" deal.
Joking aside, they hold ALL the cards. We'll be lucky if they let us keep our underpants.
What cards do they hold?Joking aside, they hold ALL the cards. We'll be lucky if they let us keep our underpants.
Fittster said:
The UK, as expected, pledges to protect consumer standards and the NHS. But America wants more access for its farmers, which would likely necessitate a relaxing of standards.
I keep seeing this line of argument being used, but it really is lazy journalism. I would agree with a restriction on beef produced with HGPs, but most of the other hysterical, inaccurate stuff in the media is simply that - hysterical and inaccurate.
I’m cautiously optimistic
I think Trump is a man that likes results .. he has an election in November
I think he will want a deal .. he’ll want to use it for his re-election bid
I think if we don’t get one though and Trumo loses then a Dem President May be a whole different position
But who knows !
I think Trump is a man that likes results .. he has an election in November
I think he will want a deal .. he’ll want to use it for his re-election bid
I think if we don’t get one though and Trumo loses then a Dem President May be a whole different position
But who knows !
I suspect quite well - there will be posturing just because there always is in such matters.
However, when all is said and done I suspect a decent outcome for us that if done well, will also enable a stronger position in our EU negotiations as well.
The US and UK have always been more natural trading partners for the most part and are generally more complimentary than competitive.
However, when all is said and done I suspect a decent outcome for us that if done well, will also enable a stronger position in our EU negotiations as well.
The US and UK have always been more natural trading partners for the most part and are generally more complimentary than competitive.
Earthdweller said:
I’m cautiously optimistic
I think Trump is a man that likes results .. he has an election in November
I think he will want a deal .. he’ll want to use it for his re-election bid
I think if we don’t get one though and Trumo loses then a Dem President May be a whole different position
But who knows !
Eh? I think Trump is a man that likes results .. he has an election in November
I think he will want a deal .. he’ll want to use it for his re-election bid
I think if we don’t get one though and Trumo loses then a Dem President May be a whole different position
But who knows !
Trump likes results... For the US.
MC Bodge said:
Earthdweller said:
I’m cautiously optimistic
I think Trump is a man that likes results .. he has an election in November
I think he will want a deal .. he’ll want to use it for his re-election bid
I think if we don’t get one though and Trumo loses then a Dem President May be a whole different position
But who knows !
Eh? I think Trump is a man that likes results .. he has an election in November
I think he will want a deal .. he’ll want to use it for his re-election bid
I think if we don’t get one though and Trumo loses then a Dem President May be a whole different position
But who knows !
Trump likes results... For the US.
Vanden Saab said:
The way some people are talking you would think a FTA only benefits one side, it does makes you wonder why any country bothers...
No, but the UK, even though it has now thrown off the shackles of its own large trade bloc union and reinstated the British Empire, may not be in much of a position to dictate terms.It will require some careful balancing to strike non-conflicting deals with the US and the EU that don't damage the UK too much.
I doubt it will make much difference to total trade. However we may get a win by importing more stuff from the USA at lower prices than we pay the EU. Some foodstuffs and wine for instance. WE cant get a significant boost until we start negotiating with individual states WRT financial services.
s2art said:
I doubt it will make much difference to total trade. However we may get a win by importing more stuff from the USA at lower prices than we pay the EU. Some foodstuffs and wine for instance. WE cant get a significant boost until we start negotiating with individual states WRT financial services.
Without going hysterical about "chlorinated chicken", US mass-produced food really isn't all that at all. Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff