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"Britain's Trump Card"


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Old 17-12-2016, 00:25
UncleLou
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Interesting views from this German article.

http://www.spiegel.de/international/...a-1122025.html

Trump's victory has created yet another variable in the game of Brexit poker: Many on the Continent are concerned that Britain could increasingly turn to the US instead of leaving their economy as open as possible to Europe.

Furthermore, if Trump moves ahead with the kind of protectionism he campaigned on, companies in Germany and elsewhere in Continental Europe will be facing a dual threat: They will have to worry about their exports to the US as well as to the UK.
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Old 17-12-2016, 00:41
blueblade
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Excellent article.
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Old 17-12-2016, 04:58
thenetworkbabe
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Interesting views from this German article.

http://www.spiegel.de/international/...a-1122025.html

Trump's victory has created yet another variable in the game of Brexit poker: Many on the Continent are concerned that Britain could increasingly turn to the US instead of leaving their economy as open as possible to Europe.

Furthermore, if Trump moves ahead with the kind of protectionism he campaigned on, companies in Germany and elsewhere in Continental Europe will be facing a dual threat: They will have to worry about their exports to the US as well as to the UK.
The arrticle makes little sense on the uS. . Trump is an isolationist protectionist. He has no values other than bullying all opponents, and forcing the best deal for him on others. he has no interest in us trading more with the UK. And if he gives us a trade deal, it will be on terms that benefit the US. and require us to accept lower, nad falling US standards. it will also require concessions probably to his own company interests.

its also going to take ages because of the way local demands are reflected in the need for Senate ratification. Even if it could be done quickly, its also all going to come unstuck when Trump demands we accept US policy on standards related to global warming or GM food, or fall in line on trade - when he starts a trade war with China or insists on new sanctions on Iran. Or indeed when he starts a shooring war , with either. No contribution to the war would then equal no trade deal in Trump's, simple, way of thinking,.

Its another case where taking control would lead to less control - with UK policy, instead, being made by an idiot president in the White House.
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Old 17-12-2016, 10:46
UncleLou
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The arrticle makes little sense on the uS. . Trump is an isolationist protectionist. He has no values other than bullying all opponents, and forcing the best deal for him on others.
If you read the German article, it is wrtten about how Trump willl affect EU (read German) exports, together with how Brexit will affect German exports.

Furthermore, if Trump moves ahead with the kind of protectionism he campaigned on, companies in Germany and elsewhere in Continental Europe will be facing a dual threat: They will have to worry about their exports to the US as well as to the UK.
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Old 17-12-2016, 11:00
UncleLou
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For any others who don't understand what the article is saying, the title of this German article is

Britain's Trump Card - Brexit Negotiations Just Got More Complicated


It is saying that the EU (read Germany) now have more export worrries with Trump in charge of the US. This, together with the UK leaving, is going to make them look at not wanting to lose their export market to the UK too. Workers in Germany have already lost their jobs since the Brexit vote. Hence their title Britain's Trump Card
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Old 17-12-2016, 11:04
i4u
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With Traitor Farage's reported third visit to Trump towers, I can see Mrs May shunning any deal with America.
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Old 17-12-2016, 11:06
blueblade
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The arrticle makes little sense on the uS. . Trump is an isolationist protectionist. He has no values other than bullying all opponents, and forcing the best deal for him on others. he has no interest in us trading more with the UK. And if he gives us a trade deal, it will be on terms that benefit the US. and require us to accept lower, nad falling US standards. it will also require concessions probably to his own company interests.

its also going to take ages because of the way local demands are reflected in the need for Senate ratification. Even if it could be done quickly, its also all going to come unstuck when Trump demands we accept US policy on standards related to global warming or GM food, or fall in line on trade - when he starts a trade war with China or insists on new sanctions on Iran. Or indeed when he starts a shooring war , with either. No contribution to the war would then equal no trade deal in Trump's, simple, way of thinking,.

Its another case where taking control would lead to less control - with UK policy, instead, being made by an idiot president in the White House.
The article looks at the entire scenario from almost every angle, and covers the point you made:-

The Americans also need the EU more than the UK as a market for its exports. Consequently, they are eager to avoid disrupting their supply chain to the European continent.

A recent policy paper by the US Chamber of Commerce notes that the outcome of the Brexit negotiations will have substantial implications for US investments in Britain, which the paper identifies as being worth $590 billion dollars, resulting in some 1.2 million jobs in Britain. The paper predicts a dark future for Britain: If the United Kingdom "were not to retain its current level of access" to the European market, the cost of doing business in the EU would increase -- and "these costs are likely to be borne by British workers and consumers."

The entire document is full of warnings to those in Britain who might dream of a close alliance with the US. Particularly since the financial centers of London and New York are in fierce competition. To understand what that means, the British only need to recall the slogan that helped Trump win the election: "America first."
By the way calling a guy who has just been elected as POTUS an "idiot", says more about your limited breadth of outlook, than it does about him.

You may not like him, you may not agree with him, his manner may annoy you - but none of that makes him an "idiot".
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Old 17-12-2016, 11:07
jmclaugh
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I can see Mrs May shunning any deal with America.
Only if you're wearing your EU PJs and dreaming.
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Old 17-12-2016, 11:07
blueblade
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With Traitor Farage's reported third visit to Trump towers, I can see Mrs May shunning any deal with America.
May will do anything that proves expedient to the UK's welfare, including deals with the US. If that means getting into bed with Trumo, metaphorically speaking, that is what she will do.
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Old 17-12-2016, 11:16
UncleLou
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You may not like him, you may not agree with him, his manner may annoy you - but none of that makes him an "idiot".
I think that was their anger of how hard Trump will hit the German export market and how this will affect jobs in Germany on tiop of Brexit. Agreed though, that doesn't make Trump the "idiot" in this.
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Old 17-12-2016, 11:22
UncleLou
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A bit about what the Banks are doing, to move just a "shell" away form London to the EU.

But most banks are leaning towards keeping London as an intermediate holding company and establishing a further subsidiary in the EU so as to maintain access to the common market. The investment bank Goldman Sachs, for example, is considering installing its European headquarters in Frankfurt. Many banks are planning on keeping their EU-based subsidiaries as small as possible, though EU regulators would not approve of mere shell companies.
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Old 17-12-2016, 11:31
UncleLou
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The article looks at the entire scenario from almost every angle, and covers the point you made:-
They are looking at from a limited outlook as it is a German article, from a German paper.

This article is abour their exports and that cost to Germany with Brexit and now Trump - although they haven't really looked at that loss from Trump yet, but they know it is coming. Which is why the accept that the UK may have a stronger hand now, hence their "Britain's Trump Card" title.

Things like this -


This is a horror scenario for the pharmaceutical industry in particular. According to a study by the Center for European Economic Research (ZEW) in Munich, it is "by far the most affected industry." If the British introduce the external tariffs that are standard today, it could make the exports of chemical products to Britain around 200 million euros more expensive.

The bit at the end that you quoted in post 7, seems to be where they go off the facts and onto what they think could perhaps happen, or hope will happen if they lose their export market top the UK? Maybe just their fear of the problems the German export market face, the lose of jobs that will bring to Germany and how they hope that a deal can be struck with the UK for trade?
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Old 17-12-2016, 11:58
MargMck
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Only if you're wearing your EU PJs and dreaming.
Indeed. The horror is, such things exist.

AND EVEN WORSE
Can you imagine putting a poor wee baby in this?
http://i3.cpcache.com/product/724301...e%22%3A2%7D%5D

Wonder if that do them in an adult size?
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Old 17-12-2016, 15:06
spiney2
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DONT PANIC. In 2 months, theresa may will emerge from 11 downing st wearing leather trousers, accompanied by Boris in his best Baldrick costume, and say ''i have a cunning plan'' ........
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Old 17-12-2016, 15:18
GibsonSG
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Interesting views from this German article.

http://www.spiegel.de/international/...a-1122025.html

Trump's victory has created yet another variable in the game of Brexit poker: Many on the Continent are concerned that Britain could increasingly turn to the US instead of leaving their economy as open as possible to Europe.

Furthermore, if Trump moves ahead with the kind of protectionism he campaigned on, companies in Germany and elsewhere in Continental Europe will be facing a dual threat: They will have to worry about their exports to the US as well as to the UK.

I think there is all sorts of nonsense being spoken by all sides, to be frank.
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Old 17-12-2016, 15:18
GibsonSG
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DONT PANIC. In 2 months, theresa may will emerge from 11 downing st wearing leather trousers, accompanied by Boris in his best Baldrick costume, and say ''i have a cunning plan'' ........
But what handbag will she be sporting.
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Old 17-12-2016, 15:20
spiney2
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But what handbag will she be sporting.
one stolen from Thatcher's Grave .........
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