Friday, 9 May 2025

UK farmers set to be hammered by Trump and Starmer s trade deal as BOE fears Trump may find many countries will be unwilling to seal deals with him

More bad news for British farmers as inflation soars again in the UK also due to Trump s economic blockade warfare.

BOE Gov Andrew Bailey has suggested the UK needs to increase trade with the EU to avoid accelerated economic decline.

But it is not clear that the EU and Germany, crushed by massive and growing debts due to a de facto privatized euro, offer much of a long term prospect to the UK or any exporter.

Germany s  DAX has soared on the basis of a package of measures paid for by debt, which may well not translate into any real world economic growth in Germany and so make paying for the extra debt difficult.

Plus, Germany and the EU need trillions of investments and years if not decades to rebuild its industrial, military base, its infrastructure, its education system amid a demographic collapse.

Bailey also suggested Trump may find many more countries unwilling to sign deals with the USA, UK, leaving the West economically isolated, especially if Trump demands a veto on Chinese business deals in other countries as he has done in the UK.

No question.

China, Russia and the BRICS are the future markets, the next global super powers, the place for businesses to go.

The British farmers and voters may agree but as long as they have an WEF elite in government, they may not get a choice but to accept a one sided trade deal with the failing US.

From media

As the ramifications of the US Trade Deal come to light, it is becoming clear that the Prime Minister has been played. We welcome fair free trade but Labour seems to have abandoned the principle of a level playing field for UK farmers. US farmers receive huge subsidies, benefit from massive economies of scale, and they do not have environmental outgoings, astronomical energy costs or world-leading standards like our farmers do. Nor do they have the existential barriers to trade of the Family Farm Tax and NICs hike. Whilst we have a reciprocal arrangement on beef, we need absolute assurance that our market won’t be flooded with meat that’s far cheaper to produce with lower standards to meet. This looks like a two tier agriculture policy that puts our farmers at a disadvantage. When Labour negotiates, Britain loses.

https://www.telegraph.co.uk/business/2025/05/09/trump-tariffs-trade-uk-us-eu-andrew-bailey-ftse-100-markets/

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