USA Import tariffs

President Trump is playing a simple game, unfortunately there will be consequences. Looking back over his business career he’s not been too successful, there are a large number of failures. In business they can be regarded as normal, particularly if you are a large client.

As a national President he’s playing a dangerous game. Europe is larger than the USA, Chine is much larger, and don’t forget all the others, including India and the whole of South America, let alone the Commonwealth countries.

The USA may see itself as the major global player. It may get a shock. This could be the start of the end of US domination. There’s been tolerance of this ‘Johnny Come Lately’ but the worm will turn

We must wait for the measured responses that must arrive. They may not be obviously confrontational, but will show a growing resistance to US pressure.

Dangerously this Trump exercise could just be a bluff. For the UK the major markets that the USA wants to exploit are agriculture and health. We must vigorously resist such incursions. Our food is, by and large, wholesome and free from chemicals. US products are not so perfect. The NHS is sacrosanct, even if our present government believes it can be fragmented to allow private industry to grab attractive slices. Most UK citizens would baulk at the idea of an American style free access health-care.

This may be a time when the EU shows it has guts. It needs to fight back. Take USA out of the market and there’s still huge opportunities. Sanctions could, perhaps should, be imposed on the USA. It would be good to see a few bloody noses but that’s not what global trade is about.

It’s time to be more inward looking. To care more about this country.

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