The VAT issue is a massive red herring regarding unfair competition, which is what these tariffs are all about, because it also affects domestic producers.
I don't understand it all. If Brummie motors Ltd imports a car from US they pay the tariff. when they sell it to Jasper Carrot they charge VAT..
Can Brummie motors claim the tariff as an Input tax and put it against something else? I don't know.
Same if you buy steel and make a fridge with it.
Cars are really complex with bits being made everywhere. "British" cars like Jags are seen as unreliable compared with American ones by Americans. Jag was bought by Ford, then it went to Tata?? Can't keep up.
In 2023, the US collected approximately €7 billion of tariffs on EU exports, and the EU collected approximately €3 billion on US exports
$7Bn from murricans, to US gov, and £3bn from europeople fo Eu govs. Nobody's giving any money away.
You said that the reason for not buying a yank tank is that you can't afford it
You said that you haven't got one.
Join the dots.
FFS stop trolling, immoderate person....
If American cars were as great as you think they are, why would you bother buying anything else?
They are shít boyo, and is why they don't sell all that well over here.
Tend to be too big and thirsty. US "gas" is cheap.
you do realise it involves 9 countries including us and few other european countries and there is an 8 year weighting list so will it really make any difference,
And they hadnt actually signed any deal for them yet so how can you cancel something you havent ordered ?
It's a gesture thing, Portugal has so little money it makes F all difference where they get either of the 2 planes they'll order.
I just checked. Tha smartest best Drones cost as much or more than the most expensive fighters, highest I saw was $250m which is double an F-35.
The B2 Stealth thing is/was almost hand built - they're each different from their siblings, and needing around $2bn for each one you foster.
Gold plated irrelevance now?? See
https://spectrum.ieee.org/drone-warfare-ukraine
The point of the article is that drones got expensive but then they got cheap in mass production.. One F35 would buy 55,000 DJI Mavics like Ukraine is using.
I dunno where this will end - will everyone have 10 million drones to use?
It's a monstrous IF, but Europe COULD put together a force which would stop Putin, or anyone else; and they could do it relatively quickly. Somehow I don't see drones in dog-fights, so Putin would have just as many. Deterrence, fine, not as nasty as nukes.
The gold price is rising - someone using it for plating to reflect lasers and µwaves away?
AI powered software is cheap, as are GPS receivers.
The best NVIDIA chips are avilable in China, probably Russia. The makers goofed, letting the Middle East and Singapore be intermediaries. Could AI finally have a key application ?!