The News Agents Has Brexit really saved us from Trump's trade war?
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Apr 3, 2025 Donald Trump has stirred global trade with sweeping tariffs, raising questions about their impact on the economy. The UK may have dodged a bullet with lower rates post-Brexit, but the complexity of these trade dynamics reveals a tangled web. Dive into the implications of U.S. tariffs on UK industries, especially car manufacturing, and the struggle for favorable trade deals. Plus, what’s brewing between Musk and Trump as political tides shift? Explore the dramatic interplay of economics and loyalty in today’s landscape.
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End of an Era
- Trump's tariffs mark a potential end to post-World War II trade liberalization.
- This could lead to tariffs not seen since the Great Depression, upending the economic order.
Tariff Confusion
- Trump's tariffs seem to lack a clear methodology, with inconsistent rates for different countries.
- Some countries have a 10% baseline, while others face rates as high as 74%.
Geographic Anomalies
- The EU faces a 20% tariff, but French territories Martinique and Guadeloupe only get 10%.
- This inconsistency highlights the arbitrary nature of the tariff decisions.