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  1. #11
    gleeful gleeful is offline

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    Quote Originally Posted by Trainwreck View Post
    And the correct response, would be for the rest of the world to do nothing.

    Like when the EU has massive subsidies and restrictions on trade, the best response is do nothing. Let the EU and American governments make American or US consumers pay more for a reduced choice of products. There is nothing you can do about that.

    Making your own consumers do the same - pay more and get less - is ridiculous. A bit like trying to get someone to stop beating themselves over the head, by threatening to beat yourself on the head.
    Back when Bush put tariffs on steel, the EU responded by putting tariffs on US exports from swing states in the upcoming election. Bush backed down more or less instantly.
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  2. #12
    gracethepirate gracethepirate is offline
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    Without the WTO and there is a hard brexit, could GB just trade on its own bespoke terms per country/organisation/company?
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  3. #13
    hollandia hollandia is offline
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    Just leaving this here...

    EU plans to trade

    An upcoming trade deal between the European Union and Australia and New Zealand will help to dramatically increase trade between the blocs, the EU’s trade commission has said.

    Despite high-profile Brexiteers hoping Britain would do more trade with Commonwealth countries after Britain leaves the bloc, the EU has pulled away with a head-start in negotiating its own agreement with the two former British colonies.
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  4. #14
    gracethepirate gracethepirate is offline
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    Quote Originally Posted by hollandia View Post
    Just leaving this here...

    EU plans to trade
    Excellent.

    NZ butter sold in France (I doubt it as France has a lot of excellent local butter)
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  5. #15
    firefly123 firefly123 is offline
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    Quote Originally Posted by hollandia View Post
    I see this development has the brexiteers scratching their heads. It would be quite an outcome if they didn't even get WTO terms, because their mate Trump scuppers the WTO...
    Do we still have the Helga? We could sell it to the British diplomatic corps
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  6. #16
    Dublin 4 Dublin 4 is offline
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    Quote Originally Posted by hollandia View Post
    Just leaving this here...

    EU plans to trade
    Yak yak...
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  7. #17
    CookieMonster CookieMonster is offline

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    Quote Originally Posted by gleeful View Post
    Back when Bush put tariffs on steel, the EU responded by putting tariffs on US exports from swing states in the upcoming election. Bush backed down more or less instantly.
    Yeah... but no.... but yeah... but the EU is shíte, because.... IT JUST IS!!!
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  8. #18
    CookieMonster CookieMonster is offline

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    Quote Originally Posted by gracethepirate View Post
    Excellent.

    NZ butter sold in France (I doubt it as France has a lot of excellent local butter)
    https://www.nytimes.com/2017/10/30/w...-shortage.html

    Not enough butter.
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  9. #19
    Spanner Island Spanner Island is offline
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    Quote Originally Posted by gracethepirate View Post
    Without the WTO and there is a hard brexit, could GB just trade on its own bespoke terms per country/organisation/company?
    The UK are going to need a hell of a lot of negotiators and probably even more patience...

    Regardless... it's unlikely the world is gagging for the kind of free trade stuff Brexiteers have convinced themselves the world is gagging for... and when the quid pro quo price of such plans become clear it's possible many in the UK won't be gagging for it either...

    And as for services which account for 80% of UK exports... well... yep... lots of negotiators and lots of patience...
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  10. #20
    tsarbomb tsarbomb is offline
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    Quote Originally Posted by gleeful View Post
    Back when Bush put tariffs on steel, the EU responded by putting tariffs on US exports from swing states in the upcoming election. Bush backed down more or less instantly.
    That's not true actually. The steel tariffs came into effect in March 2002 and were only lifted in December 2003. They were lifted because the steel industry had recovered and the US finally lost their appeal to the WTO on whether they were illegal (they were clearly illegal). It was this decision that allowed the EU and other parties to place reciprocal tariffs over twenty months after the US first acted.

    It's all here....

    https://piie.com/publications/chapte.../04iie3632.pdf
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