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Liberation day is going well – politicalbetting.com

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  • FF43FF43 Posts: 17,813
    You make concessions to Trump, as Starmer is doing, to contain the damage. Problem is the damage avoided is unquantifiable. It just looks like you make these big concessions at the expense of your other interests and you still get beaten up. And it's not necessarily just an impression of being taken for a mug. You might actually be trading away your interests for no real return.
  • OldKingColeOldKingCole Posts: 34,401
    Taz said:

    According to Ed Conway of SKY the tariffs are going to be in three bands, 10, 15 and 20% and country/industry dependent.

    https://x.com/mrmbrown/status/1907473601978314962?s=61

    ‘Wait and see’ applies, I think.
  • ohnotnowohnotnow Posts: 4,563

    Taz said:

    Andy_JS said:

    Tres said:

    Taz said:

    This from John Rentoul, on Twitter, if true is rather damning of Badenoch and her team. If true unless they get their act together she’s toast.

    loving that detail, thank you very much
    I assume it's this one.

    https://x.com/JohnRentoul/status/1907495682904125449
    You assume correctly !
    If the Conservative Party is incapable of picking a leader who lasts a full parliamentary term (as with the 4 before Badenoch), why should the public trust them with any other decisions?
    Maybe we deserve a party as fickle as we are?
  • ohnotnowohnotnow Posts: 4,563
    Trump really is looking like he's aged a lot in the past year or so.
  • numbertwelvenumbertwelve Posts: 7,275
    The problem with Badenoch is she’s coming across unfocused, unserious and uncertain. We know her views on things like lunch, we’re much less clear on how she would direct the business of government.

    At some point the Tories will face an inflection point - if the polls stay as they are they’ll have to seriously entertain the prospect that with a fair wind and a few more points going their way, they could, bizarrely, enter Number 10 as part of some kind of coalition. But to add that sort of support they’re going to have to attract at least a few voters who believe they’re ready for government. Right now, they’re very far away from giving that impression.
  • squareroot2squareroot2 Posts: 6,994
    Taz said:

    This from John Rentoul, on Twitter, if true is rather damning of Badenoch and her team. If true unless they get their act together she’s toast.

    Re what?
  • ohnotnowohnotnow Posts: 4,563
    I checked in with the BBC live newsfeed there to see if there was anything concrete about the tariffs.

    "I can't see the Rose Garden from here yet, but I do hear jazz music being played on loudspeakers."

    Amazing stuff. Because of the unique way it's funded, I suppose.
  • MexicanpeteMexicanpete Posts: 30,934
    edited April 2
    Andy_JS said:

    Tres said:

    Taz said:

    This from John Rentoul, on Twitter, if true is rather damning of Badenoch and her team. If true unless they get their act together she’s toast.

    loving that detail, thank you very much
    I assume it's this one.

    https://x.com/JohnRentoul/status/1907495682904125449
    A Jenrick-Farage dream team.

    Trumpian performative cruelty like Blighty has never seen before.

    Nigey and BobbyJ could have matching tattoos of themselves on each other's arses.
  • eekeek Posts: 29,530

    Andy_JS said:

    Tres said:

    Taz said:

    This from John Rentoul, on Twitter, if true is rather damning of Badenoch and her team. If true unless they get their act together she’s toast.

    loving that detail, thank you very much
    I assume it's this one.

    https://x.com/JohnRentoul/status/1907495682904125449
    A Jenrick-Farage dream team.

    Trumpian performative cruelty like Blighty has never seen before.
    What's the point of the Tory party if I can have full on Reform...

  • squareroot2squareroot2 Posts: 6,994
    Taz said:

    Andy_JS said:

    Tres said:

    Taz said:

    This from John Rentoul, on Twitter, if true is rather damning of Badenoch and her team. If true unless they get their act together she’s toast.

    loving that detail, thank you very much
    I assume it's this one.

    https://x.com/JohnRentoul/status/1907495682904125449
    You assume correctly !
    A lot of hot air from disgruntled yesterday's men and women and other forms of sexual orientation .....if required😀
  • StuartinromfordStuartinromford Posts: 18,170
    edited April 2

    Andy_JS said:

    Tres said:

    Taz said:

    This from John Rentoul, on Twitter, if true is rather damning of Badenoch and her team. If true unless they get their act together she’s toast.

    loving that detail, thank you very much
    I assume it's this one.

    https://x.com/JohnRentoul/status/1907495682904125449
    A Jenrick-Farage dream team.

    Trumpian performative cruelty like Blighty has never seen before.
    It's a fun game to play, but with a couple of flaws.

    The key one is that a Conservative-Reform deal will end up with three competing parties in the space, rather than two. Neither Jenrick or Farage will be able to bring all their followers with them.

    But also- any sort of deal will lead to there being a Number One and a Number Two. Why should Farage give his stardust to a party that is dying and that NF wants to kill? Why should Jenrick go to all the trouble of becoming Conservative leader in order to become subservient to Nigel? After all, the Conservatives currently have about 40 30 times as many MPs as Reform.

    It might be the inevitable endgame (though I want to see what happens to Reform when Farage becomes too old), but that doesn't mean we can cut straight to that particular chase.

    ETA: Oops. I briefly forgot quite how bad July 2024 was for the Conservative Party.
  • ydoethurydoethur Posts: 73,081

    Taz said:

    Andy_JS said:

    Tres said:

    Taz said:

    This from John Rentoul, on Twitter, if true is rather damning of Badenoch and her team. If true unless they get their act together she’s toast.

    loving that detail, thank you very much
    I assume it's this one.

    https://x.com/JohnRentoul/status/1907495682904125449
    You assume correctly !
    If the Conservative Party is incapable of picking a leader who lasts a full parliamentary term (as with the 4 before Badenoch), why should the public trust them with any other decisions?
    It is quite a thought that only two leaders elected since 1992* have served a full parliament as leader of the Tories - Hague and Cameron.

    Meanwhile Labour have had Blair, Miliband, Corbyn and Starmer.

    *Excluding Major who was re-elected in 1995.
  • MexicanpeteMexicanpete Posts: 30,934
    eek said:

    Andy_JS said:

    Tres said:

    Taz said:

    This from John Rentoul, on Twitter, if true is rather damning of Badenoch and her team. If true unless they get their act together she’s toast.

    loving that detail, thank you very much
    I assume it's this one.

    https://x.com/JohnRentoul/status/1907495682904125449
    A Jenrick-Farage dream team.

    Trumpian performative cruelty like Blighty has never seen before.
    What's the point of the Tory party if I can have full on Reform...

    Genuine Tories like Gaulke and Grieve need to set up a One Nation Conservative Party just to f*** Jenrick and Farage up.
  • DavidLDavidL Posts: 54,934
    Tariffs are reciprocal he says. So, we don't have any tariffs to talk of for the US so there is nothing to reciprocate? Or is that just assuming that there is any logic to this nonsense at all?
  • RazedabodeRazedabode Posts: 3,092
    This is totally bonkers
  • eekeek Posts: 29,530
    edited April 2
    DavidL said:

    Tariffs are reciprocal he says. So, we don't have any tariffs to talk of for the US so there is nothing to reciprocate? Or is that just assuming that there is any logic to this nonsense at all?

    What he means is that if a country retaliates he’s going to increase the amount by the amount the EU (say) increase in tariffs by.

    So it’s 20% now, eu put 20% on goods imported from America and he will add another 20% to the tariff.

    America (and the rest of us) are about to get poorer

    And the problem is that Trump and co don’t understand that VAT is simply a sales tax done in a way that works
  • Big_G_NorthWalesBig_G_NorthWales Posts: 64,913
    25% tariff on all cars!!!
  • TimSTimS Posts: 14,690
    edited April 2

    This is totally bonkers

    It’s utterly bonkers. I can’t believe I’m watching this. My family made me. It’s like a spoof.

    And I’m going to have to spend all tomorrow talking about it to people.
  • ydoethurydoethur Posts: 73,081
    eek said:

    DavidL said:

    Tariffs are reciprocal he says. So, we don't have any tariffs to talk of for the US so there is nothing to reciprocate? Or is that just assuming that there is any logic to this nonsense at all?

    What he means is that if a country retaliates he’s going to increase the amount by the amount the EU (say) increase in tariffs by.

    So it’s 20% now, eu put 20% on goods imported from America and he will add another 20% to the tariff.

    America (and the rest of us) are about to get poorer

    And the problem is that Trump and co don’t understand that VAT is simply a sales tax done in a way that works
    I wonder how Americans will react when it dawns on them that the wall builder is wrong and they have to pay these tariffs themselves.
  • RazedabodeRazedabode Posts: 3,092
    The weird thing is that America trashed every single one of its relationships around the world for what - China to benefit? Does any else really want American cars?
  • eekeek Posts: 29,530
    ydoethur said:

    DavidL said:

    Tariffs are reciprocal he says. So, we don't have any tariffs to talk of for the US so there is nothing to reciprocate? Or is that just assuming that there is any logic to this nonsense at all?

    He thinks VAT is a tariff.

    This is because he is what we call in polite society a rucking fetard.
    Worth saying that San Neidle covered it in great detail earlier today

    https://taxpolicy.org.uk/2025/04/02/no-vat-isnt-a-tariff-but-the-us-would-benefit-from-adopting-it/?utm_source=substack&utm_medium=email

    Basically it’s a sales tax done in a way that works
  • rottenboroughrottenborough Posts: 65,082
    DavidL said:

    Tariffs are reciprocal he says. So, we don't have any tariffs to talk of for the US so there is nothing to reciprocate? Or is that just assuming that there is any logic to this nonsense at all?

    He thinks VAT is a tariff.

  • Big_G_NorthWalesBig_G_NorthWales Posts: 64,913

    The weird thing is that America trashed every single one of its relationships around the world for what - China to benefit? Does any else really want American cars?

    Does anyone want US cars ?
  • rottenboroughrottenborough Posts: 65,082
    Brace.
  • ydoethurydoethur Posts: 73,081

    DavidL said:

    Tariffs are reciprocal he says. So, we don't have any tariffs to talk of for the US so there is nothing to reciprocate? Or is that just assuming that there is any logic to this nonsense at all?

    He thinks VAT is a tariff.

    On mature reflection you and I are both wrong.

    We've both said 'he thinks.'
  • MexicanpeteMexicanpete Posts: 30,934
    edited April 2

    25% tariff on all cars!!!

    Does that include Shanghai built Teslas? What about North Carolina assembled BMWs.
  • rottenboroughrottenborough Posts: 65,082
    "The White House clearly intends to produce a lot of content out of this event. There are various cameras stationed on the roof of the White House. A couple photographers are also on the roof just behind Trump. Making a tariff event the primary focus of the White House’s messaging will also come with a risk. Most economists say consumers will bear the cost of tariffs, which could fuel economic frustration among voters."

    NY Times live blog


    You broke it, you own it.
  • ydoethurydoethur Posts: 73,081

    The weird thing is that America trashed every single one of its relationships around the world for what - China to benefit? Does any else really want American cars?

    For Trump to pretend he has a big penis.
  • TazTaz Posts: 17,181

    Taz said:

    According to Ed Conway of SKY the tariffs are going to be in three bands, 10, 15 and 20% and country/industry dependent.

    https://x.com/mrmbrown/status/1907473601978314962?s=61

    ‘Wait and see’ applies, I think.
    WSJ says 10% across the board

    We will know soon enough

    https://x.com/kobeissiletter/status/1907527042993692722?s=61
  • Big_G_NorthWalesBig_G_NorthWales Posts: 64,913
    All from midnight apparently
  • HYUFDHYUFD Posts: 126,533
    So 25% tariff on all car imports, new tariffs on Australian beef and Chinese rice imports too
  • TimSTimS Posts: 14,690

    The weird thing is that America trashed every single one of its relationships around the world for what - China to benefit? Does any else really want American cars?

    Does anyone want US cars ?
    One of our members even has a YouTube channel telling people just to get one.
  • DavidLDavidL Posts: 54,934
    This is fantasy. And not in a good way.
  • eekeek Posts: 29,530

    DavidL said:

    Tariffs are reciprocal he says. So, we don't have any tariffs to talk of for the US so there is nothing to reciprocate? Or is that just assuming that there is any logic to this nonsense at all?

    He thinks VAT is a tariff.

    If you don’t understand how it works and look at it from the eyes of a not particularly bright American who has never been abroad it can look like a tariff because they’ve never seen a till receipt with vat listed on everything
  • ydoethurydoethur Posts: 73,081
    TimS said:

    The weird thing is that America trashed every single one of its relationships around the world for what - China to benefit? Does any else really want American cars?

    Does anyone want US cars ?
    One of our members even has a YouTube channel telling people just to get one.
    I'm thinking of opening a YouTube channel telling Trump to do one.
  • RochdalePioneersRochdalePioneers Posts: 29,660
    Trump raising a tax on all foreigners living abroad. Good for him
  • RazedabodeRazedabode Posts: 3,092
    ydoethur said:

    The weird thing is that America trashed every single one of its relationships around the world for what - China to benefit? Does any else really want American cars?

    For Trump to pretend he has a big penis.
    Well, yes. But just weird to hear an American president ramble on about rubbish
  • HYUFDHYUFD Posts: 126,533
    Trump says the Great Depression would not have happened had tariffs been kept
  • viewcodeviewcode Posts: 23,953
    RobD said:

    viewcode said:

    @TSE @rcs1000
    Vanilla appears to be less shit now. Whatever the mods did, well done you

    Replacement hamster installed.
    They had to wind the rubber band up
  • MexicanpeteMexicanpete Posts: 30,934

    DavidL said:

    Tariffs are reciprocal he says. So, we don't have any tariffs to talk of for the US so there is nothing to reciprocate? Or is that just assuming that there is any logic to this nonsense at all?

    He thinks VAT is a tariff.

    The disgusting smelling simpleton is economically illiterate as well as illiterate in the more conventional sense.

    Looking forward to the incoming @williamglenn clarification of the 4D chess genius playing out.
  • Big_G_NorthWalesBig_G_NorthWales Posts: 64,913
    edited April 2
    Just recalled this

    The love of money is the root of all evil !!!!
  • numbertwelvenumbertwelve Posts: 7,275
    Oh well, congratulations America, you’ve really gone and done it this time….

    Can we please now stop pretending we should be doing business with this guy?
  • EabhalEabhal Posts: 9,973
    HYUFD said:

    Trump says the Great Depression would not have happened had tariffs been kept

    *dusts off economic history textbooks*

    errrrr
  • RobDRobD Posts: 60,313
    .
    eek said:

    ydoethur said:

    DavidL said:

    Tariffs are reciprocal he says. So, we don't have any tariffs to talk of for the US so there is nothing to reciprocate? Or is that just assuming that there is any logic to this nonsense at all?

    He thinks VAT is a tariff.

    This is because he is what we call in polite society a rucking fetard.
    Worth saying that San Neidle covered it in great detail earlier today

    https://taxpolicy.org.uk/2025/04/02/no-vat-isnt-a-tariff-but-the-us-would-benefit-from-adopting-it/?utm_source=substack&utm_medium=email

    Basically it’s a sales tax done in a way that works
    Thanks for sharing, it was an interesting read. Has VAT been ever seriously considered in the US, or is this another states rights issue?
  • DavidLDavidL Posts: 54,934
    Straight out lies about manufacturing jobs under Biden. They actually increased.
  • viewcodeviewcode Posts: 23,953

    Just recalled this

    Money is the root of all evil !!!!

    "For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows."

    https://www.biblegateway.com/passage/?search=1 Timothy 6:10&version=KJV
  • carnforthcarnforth Posts: 5,536
    Andy_JS said:

    Tres said:

    Taz said:

    This from John Rentoul, on Twitter, if true is rather damning of Badenoch and her team. If true unless they get their act together she’s toast.

    loving that detail, thank you very much
    I assume it's this one.

    https://x.com/JohnRentoul/status/1907495682904125449
    No one's doing an electoral pact until an election is announced. And probably not even then.
  • TimSTimS Posts: 14,690
    RobD said:

    .

    eek said:

    ydoethur said:

    DavidL said:

    Tariffs are reciprocal he says. So, we don't have any tariffs to talk of for the US so there is nothing to reciprocate? Or is that just assuming that there is any logic to this nonsense at all?

    He thinks VAT is a tariff.

    This is because he is what we call in polite society a rucking fetard.
    Worth saying that San Neidle covered it in great detail earlier today

    https://taxpolicy.org.uk/2025/04/02/no-vat-isnt-a-tariff-but-the-us-would-benefit-from-adopting-it/?utm_source=substack&utm_medium=email

    Basically it’s a sales tax done in a way that works
    Thanks for sharing, it was an interesting read. Has VAT been ever seriously considered in the US, or is this another states rights issue?
    State rights issue, and seen as a commie European tax.
  • StillWatersStillWaters Posts: 9,601
    DavidL said:

    Tariffs are reciprocal he says. So, we don't have any tariffs to talk of for the US so there is nothing to reciprocate? Or is that just assuming that there is any logic to this nonsense at all?

    If we impose tariffs in response he will reciprocate
  • Big_G_NorthWalesBig_G_NorthWales Posts: 64,913
    EU 20% charge
  • ydoethurydoethur Posts: 73,081

    Just recalled this

    The love of money is the root of all evil !!!!

    The lover of porn stars is trying his hardest.
  • RazedabodeRazedabode Posts: 3,092
    So bizarre to see an America you used to respect.. committ what? Economic suicide?
  • MexicanpeteMexicanpete Posts: 30,934
    HYUFD said:

    Trump says the Great Depression would not have happened had tariffs been kept

    Do you believe him?

    Isn't the general consensus that Smoot-Hawley tariffs f***** the US in the 1930s?
  • MortimerMortimer Posts: 14,183
    10% for the UK, according to the chart.
  • DavidLDavidL Posts: 54,934
    If I am reading that chart we are having 10% tariffs. That's actually not too bad.
  • MortimerMortimer Posts: 14,183

    EU 20% charge

    Thank god for Brexit, eh?
  • ydoethurydoethur Posts: 73,081
    edited April 2
    I wonder how @Sandpit is at the moment?

    I hope he's OK but he must be feeling a bit blue. Trump is slaughtering more right wing sacred cows than a Muslim terrorist in a mandir.
  • TimSTimS Posts: 14,690
    This is like a game show.
  • rottenboroughrottenborough Posts: 65,082

    ‪Aaron Rupar‬ ‪@atrupar.com‬
    ·
    5m
    Trump: "From 1789 to 1913, we were a tariff-backed nation and the US was proportionately the wealthiest it has ever been ... then in 1913, for reason unknown to mankind, they established the income tax."
  • Big_G_NorthWalesBig_G_NorthWales Posts: 64,913
    Mortimer said:

    EU 20% charge

    Thank god for Brexit, eh?
    Looks like it is a tangible Brexit benefit

    Trump really does not like the EU
  • nico67nico67 Posts: 4,941
    So the UK offered a state visit to a man who is going out of his way to harm UK jobs .

    I don’t think the public are in the mood to see the country humiliated in this way . Starmer needs to be very careful as abject surrender will see Labour polling implode completely.

    And I do also hope that the media will finally go after Farage as he’s gotten away with his Trump fawning for far too long .
  • rottenboroughrottenborough Posts: 65,082
    Apple down 2% postmarket as tariffs announced; Microsoft down 0.68
  • TimSTimS Posts: 14,690
    Vietnam tariff announcement if true is quite a remarkable one. Will drive some manufacturing back to China.
  • rottenboroughrottenborough Posts: 65,082
    nico67 said:

    So the UK offered a state visit to a man who is going out of his way to harm UK jobs .

    I don’t think the public are in the mood to see the country humiliated in this way . Starmer needs to be very careful as abject surrender will see Labour polling implode completely.

    And I do also hope that the media will finally go after Farage as he’s gotten away with his Trump fawning for far too long .

    This is all a nightmare for Starmer.

  • another_richardanother_richard Posts: 27,408
    So does Trump really think that tariffs will simultaneously bring in so much revenue that he can get rid of income tax plus also lead to imports being replaced by US manufacturing ?

    If the imports are replaced where does the tariff revenue come from ?
  • HYUFDHYUFD Posts: 126,533
    edited April 2
    20% tariff on US EU imports, 46% on Vietnamese imports, 32% on Taiwanese imports, 24% on Japanese imports. 31% on Swiss imports, 10% on UK imports, 30% on South African imports, 10% on Brazilian imports, 58% on Pakistani imports. 34% on Chinese imports and 26% on Indian imports

    https://x.com/SharePickers/status/1907531002173424123

    So some gain for Starmer in that UK tariffs half EU tariffs
  • Big_G_NorthWalesBig_G_NorthWales Posts: 64,913
    TimS said:

    This is like a game show.

    But seriously dangerous
  • rottenboroughrottenborough Posts: 65,082
    Mortimer said:

    EU 20% charge

    Thank god for Brexit, eh?
    Not if we get 25% because Mandelson wore the wrong coloured tie at the White House or something equally stupid.
  • TimSTimS Posts: 14,690
    nico67 said:

    So the UK offered a state visit to a man who is going out of his way to harm UK jobs .

    I don’t think the public are in the mood to see the country humiliated in this way . Starmer needs to be very careful as abject surrender will see Labour polling implode completely.

    And I do also hope that the media will finally go after Farage as he’s gotten away with his Trump fawning for far too long .

    You mistake us for having a backbone. We’ll be simpering and thanking him for lower tariffs than some other countries.
  • Big_G_NorthWalesBig_G_NorthWales Posts: 64,913

    nico67 said:

    So the UK offered a state visit to a man who is going out of his way to harm UK jobs .

    I don’t think the public are in the mood to see the country humiliated in this way . Starmer needs to be very careful as abject surrender will see Labour polling implode completely.

    And I do also hope that the media will finally go after Farage as he’s gotten away with his Trump fawning for far too long .

    This is all a nightmare for Starmer.

    And as for Reeves !!!
  • MexicanpeteMexicanpete Posts: 30,934
    edited April 2
    Mortimer said:

    EU 20% charge

    Thank god for Brexit, eh?
    F*** me! After 6 years we've finally found a crumb of a Brexit bonus comfort.. Doesn't quite make up for all the red tape and lost business from imposing economic sanctions on ourselves.
  • ydoethurydoethur Posts: 73,081
    HYUFD said:

    20% tariff on EU imports, 46% on Vietnamese imports, Taiwan 32% imports, 24% on Japanese imports. 31% on Switzerland, 10% on UK, 30% on South African imports, 10% on Brazilian imports, 58% on Pakistani imports. Indian and Chinese imports hit too

    So that's cars, computers, white goods, food and gemstones all massively increased in price for American consumers.

    Well done Don, really smart work. It's not like your voters ever buy those things.
  • TazTaz Posts: 17,181
    Reform put forward 3 candidates in a 2 member ward in Aylesbury.

    They really are quite amateurish still

    https://x.com/electionmapsuk/status/1907530456339259809?s=61
  • CiceroCicero Posts: 3,331

    HYUFD said:

    Trump says the Great Depression would not have happened had tariffs been kept

    Do you believe him?

    Isn't the general consensus that Smoot-Hawley tariffs f***** the US in the 1930s?
    A more or less provable assertion. This is a spectacular disaster unfolding in real time.

    The US economy is going to be wreckage far quicker than we thought.
  • rottenboroughrottenborough Posts: 65,082
    The president says he will charge the U.K. a 10 percent tariff. Even that is pretty remarkable, since the United States runs a trade surplus with Britain, it’s such a close ally and the country has been trying to negotiate a trade deal with the United States.

    NY Times blog
  • EabhalEabhal Posts: 9,973
    DavidL said:

    If I am reading that chart we are having 10% tariffs. That's actually not too bad.

    Does that table bear any relation to reality?
  • RazedabodeRazedabode Posts: 3,092

    TimS said:

    This is like a game show.

    But seriously dangerous
    I feel sorry for the MAGA lot who think this will all end in gold. Listening to Trump bumble along
  • another_richardanother_richard Posts: 27,408
    DavidL said:

    Straight out lies about manufacturing jobs under Biden. They actually increased.

    I think Trump regards modern high tech manufacturing jobs as bad and Henry Ford style production line manufacturing jobs as good.
  • MortimerMortimer Posts: 14,183

    The president says he will charge the U.K. a 10 percent tariff. Even that is pretty remarkable, since the United States runs a trade surplus with Britain, it’s such a close ally and the country has been trying to negotiate a trade deal with the United States.

    NY Times blog

    To be honest, it sort of feels like we might be able to get rid of that by accepting some washed chicken!
  • Daveyboy1961Daveyboy1961 Posts: 4,428

    TimS said:

    This is like a game show.

    But seriously dangerous
    I feel sorry for the MAGA lot who think this will all end in gold. Listening to Trump bumble along
    FAFO I'm afraid.
  • RochdalePioneersRochdalePioneers Posts: 29,660
    As I understand it Apple were looking at Vietnam for iPhone production to bypass China tariffs. Whoops.
  • Big_G_NorthWalesBig_G_NorthWales Posts: 64,913

    Mortimer said:

    EU 20% charge

    Thank god for Brexit, eh?
    Looks like it is a tangible Brexit benefit

    Trump really does not like the EU
    He’s only breaking one of our legs. We should thank him for not breaking the other?

    Screw that. America wants a trade war, let’s have one. Free trade for everyone in the tariff zone. Cut America out.
    I agree and it means a much wider security and trading relationship than just the EU
  • ydoethurydoethur Posts: 73,081

    TimS said:

    This is like a game show.

    But seriously dangerous
    I feel sorry for the MAGA lot who think this will all end in gold. Listening to Trump bumble along
    I don't. He said he was going to do this, they were warned what it would do, and they voted it through anyway.

    I'm just sorry for the rest of us who have to suffer for their blind arrogance.
  • solarflaresolarflare Posts: 3,877
    HYUFD said:

    20% tariff on US EU imports, 46% on Vietnamese imports, 32% on Taiwanese imports, 24% on Japanese imports. 31% on Swiss imports, 10% on UK imports, 30% on South African imports, 10% on Brazilian imports, 58% on Pakistani imports. Indian and Chinese imports hit too.

    So some gain for Starmer in that UK tariffs half EU tariffs

    THAT'S NUMBERWANG
  • nico67nico67 Posts: 4,941
    So am I right in thinking it’s 25% on UK cars and 10% for everything else .

    And we’re supposed to be grateful for this !
  • NigelbNigelb Posts: 75,890
    This is just utter shite.
    Is he just an idiot, or is he a senile idiot ?

    Time for a rest-of-the-world free trade area.
  • GarethoftheVale2GarethoftheVale2 Posts: 2,284
    Evening All

    Following the poll earlier, I have been looking at the polling averages.

    While the Cons were very unpopular by the end, it was mostly a gentle decline with a big dip and rebound around Truss

    https://en.wikipedia.org/wiki/2024_United_Kingdom_general_election#Opinion_polling

    Lab on the other hand have been falling off the cliff from the start:

    https://en.wikipedia.org/wiki/Opinion_polling_for_the_next_United_Kingdom_general_election

    It looks like they will imminently crossover with the Cons but it doesn't seem implausible that they could be in 4th behind the LDs by the end of the year.

    I wonder what Lab's floor is.
  • Big_G_NorthWalesBig_G_NorthWales Posts: 64,913
    TimS said:

    nico67 said:

    So the UK offered a state visit to a man who is going out of his way to harm UK jobs .

    I don’t think the public are in the mood to see the country humiliated in this way . Starmer needs to be very careful as abject surrender will see Labour polling implode completely.

    And I do also hope that the media will finally go after Farage as he’s gotten away with his Trump fawning for far too long .

    You mistake us for having a backbone. We’ll be simpering and thanking him for lower tariffs than some other countries.
    Has he agreed to eliminate the UK tax on US media companies
  • another_richardanother_richard Posts: 27,408
    Mortimer said:

    The president says he will charge the U.K. a 10 percent tariff. Even that is pretty remarkable, since the United States runs a trade surplus with Britain, it’s such a close ally and the country has been trying to negotiate a trade deal with the United States.

    NY Times blog

    To be honest, it sort of feels like we might be able to get rid of that by accepting some washed chicken!
    Given that food in the USA already costs more than in this country it doesn't matter if it can be sold here as nobody is going to pay more for lower standard foreign food.
  • solarflaresolarflare Posts: 3,877
    So, market responses should be, um, interesting.
  • rottenboroughrottenborough Posts: 65,082

    As I understand it Apple were looking at Vietnam for iPhone production to bypass China tariffs. Whoops.

    Hence dropping 2% this evening I guess.
  • HYUFDHYUFD Posts: 126,533

    So does Trump really think that tariffs will simultaneously bring in so much revenue that he can get rid of income tax plus also lead to imports being replaced by US manufacturing ?

    If the imports are replaced where does the tariff revenue come from ?

    The great new rustbelt manufacturing boom and the extra tax revenue
  • A man fucks the entire world in one go.
  • StuartinromfordStuartinromford Posts: 18,170
    ydoethur said:

    HYUFD said:

    20% tariff on EU imports, 46% on Vietnamese imports, Taiwan 32% imports, 24% on Japanese imports. 31% on Switzerland, 10% on UK, 30% on South African imports, 10% on Brazilian imports, 58% on Pakistani imports. Indian and Chinese imports hit too

    So that's cars, computers, white goods, food and gemstones all massively increased in price for American consumers.

    Well done Don, really smart work. It's not like your voters ever buy those things.
    Give it a few months, and they won't be.
  • MortimerMortimer Posts: 14,183
    HYUFD said:

    So does Trump really think that tariffs will simultaneously bring in so much revenue that he can get rid of income tax plus also lead to imports being replaced by US manufacturing ?

    If the imports are replaced where does the tariff revenue come from ?

    The great new rustbelt manufacturing boom and the extra tax revenue
    You really don't see the inherent contradiction you. Wow.
  • carnforthcarnforth Posts: 5,536
    Not being in the EU hasn't helped Switzerland: 31%. Bad for their medical devices industry, I would have thought.
  • MexicanpeteMexicanpete Posts: 30,934
    HYUFD said:

    20% tariff on US EU imports, 46% on Vietnamese imports, 32% on Taiwanese imports, 24% on Japanese imports. 31% on Swiss imports, 10% on UK imports, 30% on South African imports, 10% on Brazilian imports, 58% on Pakistani imports. Indian and Chinese imports hit too.

    So some gain for Starmer in that UK tariffs half EU tariffs

    Oh behave. We have been humiliated. Starmer needs to use the unprecedented second State Visit as leverage otherwise he needs to f*** off and hand over to someone who isn't scared of the mango Mussolini.
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