Levelling down. (View Post)

They should have put that on the side of the bus. "In the event a lunatic starts a global trade war based on a ratio he copied from Wikipedia, massive trade friction with our nearest neighbours … (View Post)

Any EU country with a significant trade surplus with the US has done (relatively) very well out of this, protected by the EU-wide average. That's Germany and Italy (I guess Ireland is mainly ser… (View Post)

The reason why our tariffs are lower is because our trade surplus ratio in goods with the US is smaller than the EU's. It's not actually based on the EU's tariffs on the US at all. (He… (View Post)

That doesn't really matter. As we've found with energy costs and inflation/wages, international or real terms comparisons are entirely irrelevant to the British population. If the price of … (View Post)