Even little ole Britain has told the Americans to get their own story straight and that..
But that's to Britain's disadvantage - no?
What I asked earlier, and what AntV was responding to... was what is the incentive for others to maintain less profitable trade agreements AFTER THE REMOVAL OF THE AMERICAN STICK.
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Last year - things were clear.
1) You may not feel it's fair, or deserved - but America is preparing to hit you with tariffs.
2) In order to avoid being structurally disadvantaged versus your Swiss or Cambodian or Nigerian neighbors - you negotiate hard and fast with America for any kind of a deal. It's not pleasant, and is reminiscent of a mafia shakedown - but you do it anyway out of a sense of pragmatic self interest.
3) You clinch a deal and give yourself a pat on the back: "My exports may be subject to additional tariffs now, making them less competitive - but at least I avoided an even higher level of barriers."
4) A year goes by, and the American instrument of coercion is made void by its own courts.
5) Does it mean you locked your country into potentially decades of a disadvantageous trade deal, because you bought Trump's bluff in the first year of his presidency?
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Do you see what I mean?
The UK may still "benefit" over the next 150 days - because it negotiated a 10% tariff deal, and the new ones are worth 15%.
But in 150 days - hypothetically - others might drop to 0% while Britain will be saddled with its "winning" agreement of 10%.
Perhaps I misunderstand something...
A further point is that 15% for others, and 10% for Britain, is still murderously bad for Britain. Currently, China and Brazil are being viewed as the biggest winners of the USSC decision.
At 100%+ tariffs on China, and 50%+ on Brazil - a hypothetical Britain can still compete. At 15% on China, and 10% on Britain - Britain is dead.
Quote today from the FT:
Andy Haldane, president of the British Chambers of Commerce, told the BBC on Monday:
"The perversity of what happened at the weekend was that those who got good deals, the allies, have been most disadvantaged."