Tag Archives: Boeing

Take the Americans to task, before they obliterate our trade

Hello

We cannot slump out of Brexit, just because it seems too hard.  It has always been the case that an exit on any subject involves a British law or one that needs to be made.  Presumably, MEP’s are pulling their weight and helping to disentangle us.

The reality of building inland lorry parks before they can begin to transit UK Customs means fewer exports.  This is why we must stay in the Customs Union.  I do not understand why this is a sticking point as the EU will have the same trouble exporting here.  The worst case scenario is that they dismiss the UK market, as import levies and traffic-choked roads is too expensive and time-consuming.

Ah, why not have a Premium Service, which will fast-track regular importers and exporters?  This is designed to keep hauliers in business from Dover.

So what is the UK as a business entity?

We trade with the EU and across the world.  They trade back with us.

Our Financial Analysts are the best in the world (according to ‘The Times’, 8 October 2017).  Companies are ignoring Goldman Sachs slipping away to Switzerland and digging in their heels here, in greater numbers. Great, thank you.

Start-up companies increase year-on-year.

Manufacturing reduces in public spats like the US Department of Commerce, which has temporarily slapped a 220% import tariff on C-series jets to be sold to Delta Airlines, in the US.

The US aircraft company, Boeing, complained to its government at what it saw as unfair subsidy by the British and Canadian governments.  Since all multi-billion projects have inward investment, the complaint looks unfair, to put it mildly.  And that is the problem; we are being too meek, unsure of which way Donald Trump will jump.

A word for the Irish company,Bombardier’s 4,000 highly-skilled workers who make the wings of the aircraft.  Their highly specialised jobs are at risk and for every worker, there are apparently four outsourcing jobs which rely on them.  Northern Ireland needs the UK government to object more strongly.

Sir Michael Fallon, Defence Secretary, said:

“Boeing is a major defence partner and one of the big winners of the latest defence review, so this is not the kind of behaviour we expect from a long-term partner.”

We cannot have Northern Ireland’s economy take a dive, as we are worried about upsetting our American partners.  Hello?  They don’t want to be partners anymore.  The special relationship does not exist in the brain of Donald Trump.  We have to object, or better still, take the Defence Review apart and see where else we can give out contracts instead of to the US.  This attempt by Boeing, which has doubtless had US government subsidies before, to extinguish a competitor, reveals an inward-looking attitude.  This is bad news for trade.

Boeing is one problem.  The import tariff exacerbates it.  The short- and long-term trade with the US, shows where their heart is: in the US.  Britain has been disrespected as a trading partner. They cannot be allowed to get away with it.  Otherwise Boeing is only the beginning.

LucyLou

 

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