RE: Starmerama28 Feb 2025 11:41
Stage..
At this point one can only speculate but I do not think for one minute the UK will bend over to appease Trump. I fully expect the unexpected…..
I, as many others do, expect negotiations to address pharmaceutical regulations, with the U.S. aiming to extend patent protections for its pharmaceutical companies, but I don’t think the US will get a strangle hold on the NHS, at best it may impact drug prices but not to the extent that the National Health Service is at risk.
With regards to the Environmental standards and climate policies, the U.S. will push for increased trade in fossil fuels, Drill baby Drill, while the UK stands firm and negotiates the need for sustainable practices which adherence to climate commitments. Plate spinning economic growth with environmental pressure will be a critical here, but I can see the UK coming out of this ok, as sense prevails, the need to reduce targets for Net Zero are evident for all to see.
As for digital services, regulations regarding tech platforms and data protection standards, we are aware of how the US /Trump likes to promote the free flow of data, whereas the UK aims to maintain robust data privacy protections, which potentially leads to complex negotiations, but national, global security will play a big part here.
While these sectors are central to the ongoing discussions, the final content of the trade agreement will depend on the outcomes of detailed negotiations and the ability of both the US and UK to reconcile their respective priorities and regulatory standards.
For the UK to win on agriculture in a U.S. trade deal, it would need to leverage its strengths, play hardball in negotiations, and build alliances. The UK can position itself as a producer of premium, high-quality food (e.g., Scottish beef, Welsh lamb, British dairy). The U.S. market has demand for organic, grass-fed, and traceable products and this is where UK agriculture excels. I expect the UK negotiations to target specific exemptions or low tariffs for UK premium food exports into the U.S. Access to wealthier U.S. consumers who pay extra for quality food. I also expect the UK to insist on keeping high food standards while forcing the U.S. to shift stance if they want access to UK markets.
The need to eliminate or reduce tariffs on goods traded between the U.S. and the UK. This action will facilitate smoother trade flows and reduce costs for businesses and consumers in both countries. So again common sense will prevail….
The UK will win on tariff reductions and digital trade, but struggle on agriculture, pharmaceuticals, and food standards; however the UK will not risk the NHS or food standards etc. If the UK refuses U.S. demands, the deal could stall or take years to finalize and Trump, The deal maker, will not want that so I can see the UK coming out these negotiations doing ok..
D....
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