US-UK deal hopes dashed because Brexit has killed Britain as an international trader
Out on a limb: Boris Johnson was notably ignored by Joe Biden at the start of a recent Nato defence summit and it seems Biden will ignore him on trade too.
Boris Johnson’s blatherings about Brexit can’t change the fact that the United States couldn’t care less about doing a free trade deal with the UK.
US President Joe Biden is far more interested in trading with the European Union – the very organisation Johnson said we would be better-off without.
Oh yes, the States cut their high tariffs on UK steel and aluminium – but that only indicates that we produce higher-quality steel than they do, and they want to buy it on the cheap.
In all other regards, Biden has adopted a protectionist approach that is anathema to Boris Johnson’s globalist government.
Simply put: Biden wants to build up the United States as an industrial nation, independent of other advanced economies like China, thereby creating high-quality jobs for American citizens.
Johnson, on the other hand, wants to sell everything in the UK to foreign concerns, so he and his Tory cronies can make a quick profit that they can bank in a tax haven. He couldn’t care less about the well-being of UK citizens.
As Dr Peter Holmes, a fellow at the University of Sussex’s UK Trade Policy Observatory, told the Express, “Britain is out on a limb.”
He said Biden agrees with the EU that governments should not subsidise industry – but Johnson’s government believes the exact opposite because it wants to sweeten our assets as prizes for foreign investors.
Look at the £7.1 billion of public money the government gave to the UK’s rail industry, and then look at the prices of tickets on trains that are mainly owned by foreign governments.
And Biden does not subscribe to the UK’s plan to cut carbon emissions; he’s far more in tune with the EU on that, too.
He would be more likely to consider a free trade agreement if the National Health Service was opened up to profit-making US companies, but he would not be interested in full privatisation of the NHS, in trade terms, according to Dr Holmes.
He might also be interested if the UK lowered its food safety standards (remember the fuss over chlorinated chicken?) – but divergence from EU standards would create more problems with imports and exports in Northern Ireland, which the States would want to avoid.
But the Johnson government insists that it remains keen to talk with the States about a free trade deal.
How pointless. Johnson has painted the entire nation into a corner and is trying to avoid responsibility by pretending everything is going according to plan.
Source: Boris Johnson’s hopes of post-Brexit US-UK trade agreement dashed – ‘Biden not interested’
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Ever since Thatcher dismantled our Manufacturing base, we have had trade deficits averaging around £4 billion month in, month out, year in, year out, with the EU and the rest of the world. So in essence we are not a trading nation but a net importer of other nations goods, ironically Brexit has improved our trading deficit rather than made it worse.
We don’t need trade agreements, we need to invest in creating our own manufacturing products previously sold off to every foreign multi-national corporation around the world.
This chart shows in graphic terms the decline since Thatcher came to power, and was deliberate policy.
https://researchbriefings.files.parliament.uk/documents/SN06211/SN06211.pdf
You’re right; in fact we need the kind of protectionism that Biden is creating in the United States!
But Boris Johnson doesn’t want that because it won’t make the quick profit that he craves for him and his greedy cronies.
Hi Mike I hope you & your wife’s OK… I don’t really post on here much but I am always lurking in the background… yes Brexit has been & IS a complete shambles tbh I would like to rewind the tape & go back to pre-Brexit but I guess that won’t happen anytime soon… Will send you some cash it won’t be much but every penny counts… I can imagine the s*** that you’re going thru & guess it’s not helping your hairline at all.. anyways best of luck to you seriously… Rik
I think my hairline is irredeemable now! Thanks in advance for the cash.
ps yes he & his mi££ionair cronies are as greedy as they come… I can’t understand how they are getting away with it?? can you?? all the crap he’s done since being PM over the last few years that he’s been in power has been godamn awful… And all he waffles on about is what he done for lockdown etc … it’s so frustrating
Many Thanks for your hard work Mike
This is a private msg to you
Rik
[email protected]
ps… is it really 10 years or so that you’ve been bloggin?? jeesh I’m old lol