We need to distinguish between paying over the odds to keep industries which are essential to have in an antagonistic scenario, from loss-aversion and nostalgia for industries which don't provide as much employment as they used to.
We need to distinguish between paying over the odds to keep industries which are essential to have in an antagonistic scenario, from loss-aversion and nostalgia for industries which don't provide as much employment as they used to.
Post-Brexit, there's now increased incentive for Games Workshop to build their next factory in the EU.
(Games Workshop is one company, but this applies to every manufacturing company in the UK.)
However, if we got a free trade agreement with the US would the inverse be true, EU companies are better off moving to the UK due to brexit? What about just a FTA with all commonwealth countries (why haven't we done this??)?
A FTA with the USA would come at a significant price — the UK would be pressured to accept low-quality American agricultural produce, and lower many other standards from their current European level. If it does this, that reduces the global value of British exports.
iirc Trump did say he wanted EU to accept our livestock to reduce the trade deficit, leading Lutnick to memorably proclaim "They hate our beef because our beef is beautiful and theirs is weak!"
It's not something that will be forgotten easily. British people on all sides were against reducing food standards.
And then today all the tarrifs are suspended (down to 10%) so it's hardly like there's a reliable advantage there.
We are literally in the process of moving some of our operations to LATM to avoid this uncertainty.
You have to assume that the US is sane a maximum of four years in a row and in four years another Trump 2.0 will again be completely ignoring all their agreements.
In my opinion, the US cannot be trusted with any treaties ever again the way they currently are.
Is there any fishing going on in the Black Sea at the moment? (genuine question)
yes, while fishing vessels fairly rarely broadcast AIS, there's plenty of turkish, bulgarian, and even three russian fishing vessels broadcasting AIS in the black sea right now. No ukrainian vessels that I can see, but again, AIS is fairly rare for fishing boats anyway.
Yes, but not a lot since the fish is very scarce and it supplies a small part of the local consumption. Romanian vessels used to fish in oceans. I presume Russian vessels, too.