Archives
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- April 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
Freight News, Logistics, Business
Biden unlikely to rescue Brexit-bound Britain, says ParcelHero
[ January 21, 2021 // Chris ]The UK-US trade deal is unlikely to be top of the priority list for new US President Joe Biden, says international parcel broker ParcelHero.
Head of consumer research, David Jinks, says that while trading with America is likely to be considerably smoother compared with his predecessor and Biden has already signalled his intention to work far more closely with overseas nations, as British traders struggle to sell to the European Union (EU) because of new Brexit regulations, Joe Biden is unlikely to ride to the rescue any time soon.
Jinks said: “Trump consistently supported the UK’s departure from the EU. In 2016, he called himself “Mr Brexit” and he promised a “phenomenal” deal on his state visit to Britain in June 2019. However, Joe Biden’s Democrats have consistently been a lot less enthusiastic about a post-Brexit trade deal with the UK.
“Former Democrat President Barack Obama once warned the UK that, if it voted for Brexit, Britain would go to the “back of the queue” on trade deals. Democrats preferred the option of negotiating with a united EU when reaching trade agreements. Significantly, President Biden, who is proud of his Irish heritage, has voiced his concern about the impact of Brexit on the Good Friday Agreement. He’s unlikely to be impressed with the UK Government’s continuing fudge over Northern Ireland trade, which has left UK stores struggling to stock branches in both Northern Ireland and the ROI, and which still threatens potential new charges on parcels.
“However, it’s encouraging that Biden started his Presidency on day one by dragging the US back into international relationships and agreements such as re-joining the Paris climate agreement. The reversal of many of Trump’s “America first” policies is likely to encourage international trade.
“For all former President Trump’s supposed enthusiasm for a trade deal with the UK, it didn’t stop him from imposing significant new taxes of 25% on British luxury goods such as Scotch whisky and cashmere knitwear. The Scotch Whisky Association says exports to the US have fallen 30% since the tariff came into force. This wasn’t his only use of punitive tariffs on other nations.”