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Old 28-09-2017, 11:11   #269
Ignitionnet
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Join Date: Jun 2008
Location: Leeds, West Yorkshire
Age: 45
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Re: Brexit discussion

Quote:
Originally Posted by jonbxx View Post
Like the US who have just slapped a 220% tariff on Bombardier?
Quite. Slapped on their closest trading partner, Canada, with the UK as collateral damage.

Quote:
The prime minister is asked about Boeing's trade dispute with rival plane maker Bombardier, a major employer in Northern Ireland.

The UK has a long-term partnership with Boeing, Mrs May says, and "this is not the kind of behaviour we’d expect from a long-term partner".

She adds that "there is protectionism creeping in around the world", but she wants the UK to be a global champion of free trade.
Some might say it's not the best time to be leaving the European Union, and certainly not the Customs Union and Single Market.

As far as the United States' behaviour goes which part of 'America First' didn't she understand? The US has a very, very long history of heavily subsidising various sectors of its economy, and the aerospace industry pretty much requires subsidy due to the huge time between making the massive investment in R&D and production and actually receiving the funds from sales.

The level of hubris required to think that the US policies would change to accommodate the UK is astonishing.

To paraphrase Donald Trump he is the President of Baltimore and Baton Rouge, not Belfast.
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