Overall terrible deal for UK to tolerate, but they are programmed for US subservience more than any other country on earth. This will hurt their EU trade, most likely. Boeing orders, and poisoned food imports are sad, but it may save their auto industry and Rolls Royce aviation. Not yet ratified, and interested in Parliament commentary, though opposition is even more US subservient.
The biggest harm component to NA auto/steel industry is tariff free steel imports. This is vehicle for Chinese steel trans shipments. The 2nd biggest harm is a trade model for Asia. UK cars average over $100k, and so is a $10k cost increase. Quota room could be filled with mini coopers, and so that is a threat to lower priced NA cars. But Asia has many models in the $30k-$50k range similar to NA alternatives.
US auto sales will go down as a result of Trump’s attack on world. Quotas that match 2024 sales, means lower US manufacturer share, and loss of Canadian market means less US production (US has had a surplus in autos with Canada)
Overall terrible deal for UK to tolerate, but they are programmed for US subservience more than any other country on earth. This will hurt their EU trade, most likely. Boeing orders, and poisoned food imports are sad, but it may save their auto industry and Rolls Royce aviation. Not yet ratified, and interested in Parliament commentary, though opposition is even more US subservient.
The biggest harm component to NA auto/steel industry is tariff free steel imports. This is vehicle for Chinese steel trans shipments. The 2nd biggest harm is a trade model for Asia. UK cars average over $100k, and so is a $10k cost increase. Quota room could be filled with mini coopers, and so that is a threat to lower priced NA cars. But Asia has many models in the $30k-$50k range similar to NA alternatives.
US auto sales will go down as a result of Trump’s attack on world. Quotas that match 2024 sales, means lower US manufacturer share, and loss of Canadian market means less US production (US has had a surplus in autos with Canada)