Message from @Eccles
Discord ID: 631406671750758412
88% of imports by value just got neutralised to 0%
Yes
Personally I disagree with that
But I understand why they did it
It's swings the UKs dick in the right direction at this juncture
Things like foods
Means the EU likely arnt the cheapest anymore
I don't think you'll find a non-authoritarian solution to the climate issues without selectively leveraging import tariffs
And I don't think they'll have enough tax money to maintain the state as it stands
Cars, the USA just got a 10-16% import tax cut for sending cars here
USA won't be sending cars here any time soon
Which may disrupt the German car industry
USA cars are not UK spec
Wheel on wrong side
Not just cars
Parts too
Parts come from China in both cases
I work with the automotive ind
A surprising amount doesn't
China is getting expensive
And we're moving to electric cars. QED
Compared with automation
China is expensive
EU Car manufacturing is currently moving out of the EU anyway
Precious metals. Wonder if that is why China is spending so much time bulldozing Africa lately
Yes, Legna
There is a reason JLR are opening an EV plant in the UK
Also hybrid systems for motor sport are overwhelmingly developed in the UK
Which means the knowledge base is here
So yeah
Knowledge Base is one thing, manufacturing is entirely another
Yes, which is why automation is making up that gap
It's cheaper than china
Literally
Bypassing the minimum wage issue
It is allowing manufacturing to move closer to the knowledge base
Workers costing more
Which is an advantage
In the long run I would say so
Not for the workers it ain't