Not sure that's much of a bargaining chip. How many cars does the UK import from the USA each year? It was just 18,000 in 2023, which is barely meaningful, & compares with over 100,000 we export to the USA.
Who knows how Trump will react. Perhaps he will insist that we drive on the other side of the road. It is hard to see the point of a 2.5% tariff. You would think that US factories having to produce a small number of right hand drive cars would be more hassle than the worth of it.
In America, it would be.
Which is, of course, why the volume US car manufacturers, like Ford, make them in the UK...
Presumably the cars manufactured in the UK dont attract tariffs, and dont count as US exports?
Not sure that's much of a bargaining chip. How many cars does the UK import from the USA each year? It was just 18,000 in 2023, which is barely meaningful, & compares with over 100,000 we export to the USA.
Who knows how Trump will react. Perhaps he will insist that we drive on the other side of the road. It is hard to see the point of a 2.5% tariff. You would think that US factories having to produce a small number of right hand drive cars would be more hassle than the worth of it.
In America, it would be.
Which is, of course, why the volume US car manufacturers, like Ford, make them in the UK...
Presumably the cars manufactured in the UK dont attract tariffs, and dont count as US exports?
There is a reason Ford UK is a separate Company. Or Vauxhall were separate from General Motors. Not just tariffs-shipping costs, having a workforce dedicated to UK spec and so on.
The other reason exports are so low is this. The specialist US car manufacturers largely cater to the rural US market. Who want totally different cars to the UK
Not sure that's much of a bargaining chip. How many cars does the UK import from the USA each year? It was just 18,000 in 2023, which is barely meaningful, & compares with over 100,000 we export to the USA.
Who knows how Trump will react. Perhaps he will insist that we drive on the other side of the road. It is hard to see the point of a 2.5% tariff. You would think that US factories having to produce a small number of right hand drive cars would be more hassle than the worth of it.
In America, it would be.
Which is, of course, why the volume US car manufacturers, like Ford, make them in the UK...
Presumably the cars manufactured in the UK dont attract tariffs, and dont count as US exports?
There is a reason Ford UK is a separate Company. Or Vauxhall were separate from General Motors. Not just tariffs-shipping costs, having a workforce dedicated to UK spec and so on.
The other reason exports are so low is this. The specialist US car manufacturers largely cater to the rural US market. Who want totally different cars to the UK
So the cars manufactured in the UK dont attract tariffs, and dont count as US exports?
Is a level playing field more likely to produce more exports from the UK into the US, rather than vice versa?
Cars Imported into the UK Below are the top 15 suppliers from which the United Kingdom imported the highest dollar value worth of cars during 2023. Within parenthesis is the percentage change in value for each supplying country from 2022 to 2023.
Germany: US$15.6 billion (up 22.8% from 2022) mainland China: $5.8 billion (up 29.5%) Spain: $5.1 billion (up 40.4%) Slovakia: $3.7 billion (up 37.9%) Czech Republic: $3.4 billion (up 28.6%) France: $3.1 billion (up 54.8%) Japan: $3 billion (up 49.3%) South Korea: $2.6 billion (up 5.2%) Romania: $1.9 billion (up 37.2%) Hungary: $1.6 billion (up 6.5%) Belgium: $1.5 billion (up 63.3%) Türkiye: $1.4 billion (up 8.1%) Mexico: $1.3 billion (up 27.4%) Italy: $1.2 billion (up 21.7%) South Africa: $1.1 billion (up 64.3%) By value, the listed 15 countries shipped 82.3% of cars imported by the United Kingdom in 2023.
Among the above countries, the fastest-growing suppliers of cars to the United Kingdom from 2022 to 2023 were: South Africa (up 64.3%), Belgium (up 63.3%), France (up 54.8%) and Japan (up 49.3%).
The most modest year-over-year increase was the 5.2% gain recorded by buyers in South Korea.
Overall, the value of United Kingdom’s imported cars accelerated by an average 27.3% from all supplying countries since 2022 when cars purchased were valued at $44.4 billion.
Cars Imported into the United States Below are the top 15 suppliers from which the United States of America imported the highest dollar value worth of cars during 2023. Within parenthesis is the percentage change in value for each supplying country from 2022 to 2023.
Mexico: US$45 billion (up 23.1% from 2022) Japan: $40.9 billion (up 21.9%) Canada: $34.9 billion (up 32.2%) South Korea: $31.3 billion (up 40.7%) Germany: $23.9 billion (up 22.3%) United Kingdom: $6.6 billion (up 1.7%) Slovakia: $6.5 billion (up 38%) Italy: $5.1 billion (up 42.8%) Sweden: $4 billion (up 16.7%) mainland China: $2.5 billion (down -0.5%) Belgium: $2.4 billion (up 37.9%) Austria: $2.02 billion (up 44.8%) Hungary: $1.77 billion (up 44.3%) South Africa: $1.75 billion (up 29.9%) Netherlands: $544.5 million (up 34.8%) By value, the listed 15 countries shipped 99.4% of cars imported by buyers in the United States of America in 2023.
Among the above countries, the fastest-growing suppliers of cars to the United States from 2022 to 2023 were: Austria (up 44.8%), Hungary (up 44.3%), Italy (up 42.8%) and South Korea (up 40.7%).
Mainland China was the lone top provider that experienced a decline in the value of their cars supplied to American importers via its modest -0.5% slowdown.
Overall, the value of US imported cars rose by an average 24.9% from all supplying countries since 2022 when cars purchased were valued at $168.3 billion.
Long-running department store holds ‘Rachel Reeves closing down sale’ over Labour tax hikes.
One of Britain's oldest department stores is closing its last outlet and has blamed the chancellor's tax rises for making the business “unviable”.
Beales, which has been trading since 1881, is closing its store in Poole, Dorset at the end of the month and is holding a “Rachel Reeves closing down sale”.
The front of the store is plastered in posters printed with a photo of Ms Reeve’s and the tagline: “Rachel Reeves’ closing down sale, up to 80 per cent off, everything must go”.
Tony Brown, the chief executive of Beales, told The Independent that the posters are an “absolute dig that the budget” and blames the tax rises in last October’s Budget for bringing an end to the family business.
Mr Brown said the increases in National Insurance costs and the minimum wage combined with the reduction in rates relief cost the business £200,000 and made it “unviable”.
Comments
The other reason exports are so low is this. The specialist US car manufacturers largely cater to the rural US market. Who want totally different cars to the UK
Is a level playing field more likely to produce more exports from the UK into the US, rather than vice versa?
Why don't Europeans buy more American cars?
https://www.bbc.co.uk/news/articles/cq8kn5v37wxo
Cars Imported into the UK
Below are the top 15 suppliers from which the United Kingdom imported the highest dollar value worth of cars during 2023. Within parenthesis is the percentage change in value for each supplying country from 2022 to 2023.
Germany: US$15.6 billion (up 22.8% from 2022)
mainland China: $5.8 billion (up 29.5%)
Spain: $5.1 billion (up 40.4%)
Slovakia: $3.7 billion (up 37.9%)
Czech Republic: $3.4 billion (up 28.6%)
France: $3.1 billion (up 54.8%)
Japan: $3 billion (up 49.3%)
South Korea: $2.6 billion (up 5.2%)
Romania: $1.9 billion (up 37.2%)
Hungary: $1.6 billion (up 6.5%)
Belgium: $1.5 billion (up 63.3%)
Türkiye: $1.4 billion (up 8.1%)
Mexico: $1.3 billion (up 27.4%)
Italy: $1.2 billion (up 21.7%)
South Africa: $1.1 billion (up 64.3%)
By value, the listed 15 countries shipped 82.3% of cars imported by the United Kingdom in 2023.
Among the above countries, the fastest-growing suppliers of cars to the United Kingdom from 2022 to 2023 were: South Africa (up 64.3%), Belgium (up 63.3%), France (up 54.8%) and Japan (up 49.3%).
The most modest year-over-year increase was the 5.2% gain recorded by buyers in South Korea.
Overall, the value of United Kingdom’s imported cars accelerated by an average 27.3% from all supplying countries since 2022 when cars purchased were valued at $44.4 billion.
Cars Imported into the United States
Below are the top 15 suppliers from which the United States of America imported the highest dollar value worth of cars during 2023. Within parenthesis is the percentage change in value for each supplying country from 2022 to 2023.
Mexico: US$45 billion (up 23.1% from 2022)
Japan: $40.9 billion (up 21.9%)
Canada: $34.9 billion (up 32.2%)
South Korea: $31.3 billion (up 40.7%)
Germany: $23.9 billion (up 22.3%)
United Kingdom: $6.6 billion (up 1.7%)
Slovakia: $6.5 billion (up 38%)
Italy: $5.1 billion (up 42.8%)
Sweden: $4 billion (up 16.7%)
mainland China: $2.5 billion (down -0.5%)
Belgium: $2.4 billion (up 37.9%)
Austria: $2.02 billion (up 44.8%)
Hungary: $1.77 billion (up 44.3%)
South Africa: $1.75 billion (up 29.9%)
Netherlands: $544.5 million (up 34.8%)
By value, the listed 15 countries shipped 99.4% of cars imported by buyers in the United States of America in 2023.
Among the above countries, the fastest-growing suppliers of cars to the United States from 2022 to 2023 were: Austria (up 44.8%), Hungary (up 44.3%), Italy (up 42.8%) and South Korea (up 40.7%).
Mainland China was the lone top provider that experienced a decline in the value of their cars supplied to American importers via its modest -0.5% slowdown.
Overall, the value of US imported cars rose by an average 24.9% from all supplying countries since 2022 when cars purchased were valued at $168.3 billion.
https://www.worldstopexports.com/cars-imports-by-country/
https://www.msn.com/en-gb/money/other/rachel-reeves-sent-huge-warning-she-s-in-danger-of-wrecking-us-trade-deal/ar-AA1DyeqM?ocid=msedgntp&pc=W230&cvid=76f6655b8b6c4b9cb244594b2f7a8db1&ei=53
https://www.msn.com/en-gb/news/uknews/uk-faces-biggest-political-shake-up-in-100-years-as-local-elections-loom-says-curtice/ar-AA1DHOgw?ocid=msedgntp&pc=W230&cvid=d67e7cbc218545f2ac058a5c20a9b200&ei=106
https://www.msn.com/en-gb/entertainment/music/uk-s-first-trans-judge-takes-government-to-echr-over-supreme-court-ruling/ar-AA1DPKad?ocid=msedgntp&pc=W230&cvid=be83da4abcca40ffacd36bc8ba39eac2&ei=38
One of Britain's oldest department stores is closing its last outlet and has blamed the chancellor's tax rises for making the business “unviable”.
Beales, which has been trading since 1881, is closing its store in Poole, Dorset at the end of the month and is holding a “Rachel Reeves closing down sale”.
The front of the store is plastered in posters printed with a photo of Ms Reeve’s and the tagline: “Rachel Reeves’ closing down sale, up to 80 per cent off, everything must go”.
Tony Brown, the chief executive of Beales, told The Independent that the posters are an “absolute dig that the budget” and blames the tax rises in last October’s Budget for bringing an end to the family business.
Mr Brown said the increases in National Insurance costs and the minimum wage combined with the reduction in rates relief cost the business £200,000 and made it “unviable”.