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☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 2 days ago

US and UK agree deal slashing Trump tariffs on cars and metals, analysts said it did not appear to meaningfully alter the terms of trade between the countries.

www.bbc.com

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US and UK agree deal slashing Trump tariffs on cars and metals, analysts said it did not appear to meaningfully alter the terms of trade between the countries.

www.bbc.com

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 2 days ago
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  • cross-posted to:
  • worldnews@lemmygrad.ml
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  • bbc@rss.ponder.cat
  • BBC@metawire.eu
US and UK agree deal slashing Trump tariffs on cars and metals
www.bbc.com
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It will leave a 10% import tax on most goods shipped from the UK to the US.
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  • ANarcoSnowPlow [he/him]@hexbear.net
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    2 days ago

    The absolute best case scenario for everyone in the imperial core right now is that he basically accomplished nothing and everything returns to the prices it was before libation day.

    It won’t. Because capital will never voluntarily reduce prices.

    • D61 [any]@hexbear.net
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      2 days ago

      libation day

      xi-lib-tears

      • ANarcoSnowPlow [he/him]@hexbear.net
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        2 days ago

        The treatlerite in all of us poured one out that day.

    • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
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      2 days ago

      Also, now that Chinese companies are actively finding new customers, they have little reason to go back to trading with the US. Some trade will undoubtedly resume as empty economic niches are always filled, however it’s not going to go back to the same levels as before. That translates into less goods for US consumers going forward, and higher prices as demand chases reduced supply.

      • ANarcoSnowPlow [he/him]@hexbear.net
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        2 days ago

        Famously, a lack of bread and circuses has never affected an empire before.

  • InevitableSwing [none/use name]@hexbear.net
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    2 days ago

    Our Big Wet Boy and His Big Wet DEALS.

    I like how the BBC chose a photo that makes Trump look like a circus clown.

  • BodyBySisyphus [he/him]@hexbear.net
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    2 days ago

    Line go up anyway tho?

    Also that’s lame, I want a Fairlight Secan frameset without import duties.

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