Relative to the pre-Trump normal, the only steps to increase U.S. market access the U.K. has taken has been to pledge to remove its 19% tariff on U.S. ethanol imports, and allow tariff-free imports of hormone-free beef in the amount of 13,000 tons. All else is hot air. Da blog su Substack
Trump, exporting to the U.S. becomes a risky gamble. The real cost to the U.S. flows from Trump’s blowing-up of all rational belief and trust in the stability of U.S. trade policy. Looking at Trump the chaos-monkey in broad perspective, American producers suffer a widespread loss in global market access, while British producers’ losses remain mostly confined to the U.S. This asymmetry makes the deal a serious strategic own goal for the United States, diluting its trade reliability while gaining little in return. For Trump, though, the deal serves its purpose: a video-ready spectacle for his base. For Starmer, it’s damage control—harm was done, but less than it could have been.
