Atlantis wrote:Look it up in the dictionary @Nonsense, "dumping" means to sell your goods below market price or even below cost. It doesn't mean to sell "overpriced goods". You have to make up your mind, you can't have it both ways.
The Brexcriters have been saying they want "free trade" or more precisely "freer free trade" as Liam Vox put it. What you are suggesting is "protectionism". That is exactly the opposite. You have to make up your mind, you can't have it both ways.
The Brexcritters want "global Britain" as a trading nation, you remember: "Britain is open for business"? They don't care about manufacturing because it's easier to make money trading, right? Trouble is, your Donny Boy wants protectionism, remember "America First"? That shuts down global trade. So your freer free trade goes down the gutter.
@Nonsense, when you get into bed with your Donny Boy, be aware of trade wars: Trump is threatening a damaging new trade war with the United Kingdom after Brexit
There are rumours around that that they may apply tariffs to U.K goods exported to Europe post Brexit, that is only going to increase our trade deficit with them, that(tariffs) would make our goods more expensive to Europeans, whilst at the same time they would be continuing to build their trading surpluses with us.
European goods on the U,K, that is tantamount to dumping, making our goods overpriced to Europeans, that is unfair, it's also different to TRUMP's action of tariffs against CHINA,, where the Chinese kept their currency below market value, in order that America could suck in Chinese exports produced by cheap labour.
The Chinese methodology is different to Europe, but the effects are the same, including companies deploying elsewhere. which is why TRUMP brought in the tariffs, both to punish China, to change their ways & to get them to trade honestly.
Because I believe in free trade, I do not think that big national or trade bloc deals are good for the markets or consumers in the long run, not least for the simple reason that , you can take a horse to the water, but you can't make it drink.
For example, America would, in the case of a deal with this country, want chlorinated chicken included, ok, but you can't make British consumers buy it & I am sure they would want to know whether that is on the menu when eating out.
My suggestion is not 'protectionist' at all, that is contradictory to free trade, it's why I suggest bringing the deficit back into broad balance
on a 3-5 year period.
The Americans, even before or after TRUMP, will continue their pursuit of monopoly capitalism across the globe, the U.K will not be exempt from that influence, which is why I am not particularly enamoured by an U.K-USA trade deal of any sort, real free trade is not such when it's subject to bi-partisan trade agreements.
World markets, in particular commodities such as oil, gold, coffee, are all traded in American dollars, that makes the countries that do their trade in those things, subjected to American monopolistic economic & political power.
That is not the actions of a state that defends either free trade or democracy & it's influence in politics is even more negative in some areas.
All America is doing is defending it's freedom to abuse the rest of the world for it's own ends, neither other countries, their people's, the environment, the climate, or anything else is allowed to come between that objective & when it's interest are threatened is when America reacts.